PM urges to make Vietnam a center of the global value chain

(VOVWORLD) - Prime Minister Pham Minh Chinh chaired a hybrid meeting with foreign-invested enterprises and business associations on Saturday, during which he pledged to create favourable conditions for FDI enterprises to invest successfully and sustainably in Vietnam. 
PM urges to make Vietnam a center of the global value chain - ảnh 1Prime Minister Pham Minh Chinh chairs a hybrid meeting with foreign-invested enterprises and business associations on September 17, 2022 (photo: VOV)

The Prime Minister reiterated Vietnam’s criteria of quality, efficiency, technology and environmental protection in selecting investment projects.

He expected foreign-invested enterprises to continue to strengthen linkages and create favorable conditions for their Vietnamese peers to join in production and supply chains, contributing to making Vietnam a center in regional and global value chains as soon as possible.

PM urges to make Vietnam a center of the global value chain - ảnh 2Prime Minister Pham Minh Chinh speaks at the hybrid meeting with foreign-invested enterprises and business associations on September 17, 2022 (photo: VOV)

Mr. Chinh said: "Vietnam considers foreign investment an important part of the national economy. We always create favorable conditions for foreign investors to do business and make profit in Vietnam. Vietnam is now in the transition period and a developing country which has certain difficulties requiring us to fine-tune the institution. We share with the investors who have not earned profit or been affected by difficulties and impacts of the global, regional and Vietnam’s situation."

"We always accompany foreign investors and consider your success ours which will contribute to the global unity to move toward a world of peace, cooperation, and development and leaving no one behind," the Prime Minister added.

PM urges to make Vietnam a center of the global value chain - ảnh 3At the hybrid meeting with foreign-invested enterprises and business associations on September 17, 2022 (photo: VOV)

The Prime Minister said amid global fluctuations, the Vietnamese government aims to maintain macro-economic stability, control inflation, ensure major balances, diversify markets, stabilize prices of goods and services, improve people’s living conditions, and ensure political stability and social order.

The government will continue to fine-tune the institutions and foreign investment policies, renovate growth model, restructure the economy, protect the environment, address social issues, and increase productivity and the national economic competitiveness.



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