PM Urges Stronger Swiss, European Investment, Technology Transfer in Vietnam

Hanoi: Prime Minister Pham Minh Chinh has reaffirmed Vietnam's openness to Swiss and European enterprises, encouraging greater investment in high-tech and high value-added projects linked with technology transfer, as well as deeper cooperation in green and digital transformation, renewable energy, the marine economy, green finance and tourism. At a February 3 meeting with a delegation of Swiss and European businesses led by Dr Philipp R¶sler, President of the Swiss-Viet Economic Forum (SVEF), the PM commended the forum and R¶sler for their active role in connecting Vietnam with partners, promoting investment cooperation and enhancing Vietnam's profile among European and global business communities.

According to Vietnam News Agency, the meeting underscored the Vietnamese government's commitment to creating favorable conditions for foreign investors. Prime Minister Chinh emphasized the importance of technology and knowledge transfer from European partners to bolster Vietnam's economic growth and sustainability efforts. He noted that the country is keen on leveraging its economic ties with Switzerland and Europe to accelerate its digital and green transformation initiatives.

The discussion also highlighted Vietnam's strategic focus on renewable energy and the marine economy, areas where European expertise and investment can significantly contribute. The Prime Minister underlined Vietnam's desire to enhance its tourism sector by developing sustainable and environmentally friendly practices, which aligns with global trends and expectations from international tourists.

The Swiss-Viet Economic Forum, under R¶sler's leadership, has been instrumental in bridging the economic interests of Vietnam and European nations. By facilitating dialogue and collaboration, the forum aims to boost mutual understanding and investment opportunities, thereby strengthening the economic linkages between Vietnam and Europe.

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