FDI companies in Vietnam have consistently played a crucial role in contributing to Vietnam's economy and its growth. Since the authorization of foreign investment in 1988, Vietnam FDI has been pivotal in transforming the country into a highly appealing destination for international investors. The country’s robust growth in securing FDI has garnered positive feedback from […]
FDI companies in Vietnam have consistently played a crucial role in contributing to Vietnam's economy and its growth. Since the authorization of foreign investment in 1988, Vietnam FDI has been pivotal in transforming the country into a highly appealing destination for international investors. The country’s robust growth in securing FDI has garnered positive feedback from […]
Meeting with the Prime Minister, leaders of Huawei Group expressed their interest in building digital infrastructure in Vietnam, accelerating industry digitalization, smart digital transformation, and the desire to build a digital talent ecosystem in Vietnam.
On the evening of September 16, during a business program in Guangxi, China, Prime Minister Pham Minh Chinh received Mr. Simon Lin – President of the Asia Pacific Region of Huawei Technology Group; Mr. Vuong Dong Tru, Chairman of China Transportation Construction Group; Mr. Ngo Van, Deputy General Director of China Energy Construction Group.
At the meetings, Prime Minister Pham Minh Chinh highly appreciated the global business investment activities of corporations and affirmed that the Vietnamese Government will support, create favorable conditions for businesses in particular to develop effective, successful and sustainable business investment activities in Vietnam.
Leaders of corporations thanked the Prime Minister for taking the time to receive and appreciated the increasingly improving investment and business environment in Vietnam and expressed their desire to expand investment and business in Vietnam.
Prime Minister Pham Minh Chinh affirmed his support for Huawei Group’s investment activities in Vietnam
Mr. Simon Lin, President of the Asia Pacific Region of Huawei Technology Group, expressed his interest in building digital infrastructure in Vietnam, accelerating industry digitalization, reducing carbon emissions, and intelligent digital transformation and desire to support Vietnam’s energy transition for a green Vietnam and build a digital talent ecosystem in Vietnam.
In Vietnam, Huawei cooperates with telecommunications carriers to build 2G, 3G, 4G networks. The Group has cooperated with hundreds of Vietnamese partners; creating tens of thousands of jobs in the ICT sector, training more than 18,000 Vietnamese digital workers.
Referring to the information that the Prime Minister of Vietnam has approved the national digital transformation program until 2025, with a vision to 2030, Mr. Simon Lin highly appreciated the efforts and strategies for digital transformation, building a Vietnam’s digital government, society and economy.
Welcoming Huawei’s proposals, Prime Minister Pham Minh Chinh affirmed his support for the group’s investment activities in Vietnam. In particular, the field of digital transformation has huge space and fiscal space for the group to operate, invest and cooperate in Vietnam.
In the context of new technologies constantly emerging and competition becoming increasingly fierce, the Prime Minister hopes that the group will operate stably in Vietnam and coordinate with authorities to have solutions that contribute positively into building a digital society, digital government, promoting digital economy in Vietnam.
This includes investment and research and development activities, comments on institutions, policies, human resource training and improving modern management capacity.
The Prime Minister asked Huawei Group to proactively coordinate with ministries, sectors and localities to seek new projects and deploy investment activities in Vietnam effectively and sustainably.
The Chairman of Huawei Group promised to make efforts to implement the Prime Minister’s suggested ideas, with the spirit of “in Vietnam, for Vietnam and becoming the best company in Vietnam”.
Interested in developing high-speed railway in Vietnam
Chairman of China Transport Construction Group Vuong Dong Tru considers Vietnam as one of the most important markets.
Until now, the group has successfully implemented more than 20 projects in the fields of infrastructure construction (bridges, roads, seaports) and energy (near-shore wind power) such as Hanoi – Hai Phong expressway, build ports in Cai Mep – Thi Vai area, Vinh Tan Thermal Power Center – Binh Thuan, Duyen Hai – Tra Vinh, Vung Ang – Ha Tinh…
Mr. Vuong Dong Tru expressed his interest in developing high-speed railways in Vietnam (Hanoi – Ho Chi Minh City, Vung Ang – Laos, Lao Cai – Hanoi – Hai Phong) and wished to invest and implement construction of the Ho Chi Minh City – Trung Luong expansion, Ho Chi Minh City – Moc Bai, Dong Dang (Lang Son) – Tra Linh (Cao Bang) expressway projects…
Prime Minister Pham Minh Chinh welcomed the China Transport Construction Group to expand its activities in the field of transport infrastructure
Prime Minister Pham Minh Chinh stated that the Vietnamese Government welcomes foreign businesses in general and Chinese businesses in particular to expand their activities in the fields of transport infrastructure and energy infrastructure, including the construction of high-speed rails, expressways, airports, seaports…
In response to the group’s request to participate in projects in the fields of energy and infrastructure, the Prime Minister requested the group to continue to coordinate with relevant ministries, sectors and localities to develop and participate in new projects in Viet Nam.
Leaders of China Energy Construction Group (Energy China) also reported to the Prime Minister their plan to seek for projects, expand business investment and production in Vietnam; plan to develop wind power projects in Ha Tinh, Ninh Thuan, Quang Tri and other provinces.
The Prime Minister welcomed Energy China’s proposals and investment expansion plans in the coming time and asked the group to pay attention to digital transformation, green transformation, and infrastructure development projects in Vietnam.
The Prime Minister emphasized that “investors’ success is also Vietnam’s success” in the spirit of “harmonious benefits, shared risks”.
Vietnam is emerging as a prime destination for foreign direct investment (FDI), driven by rapid economic growth, favorable government policies, and an investor-friendly business environment. This eBook provides a deep dive into Vietnam’s economic landscape, highlighting key industries such as manufacturing, real estate, and digital banking that attract FDI. It also explores the government’s proactive measures to streamline investment procedures, improve infrastructure, and offer tax incentives for foreign enterprises. Additionally, it covers crucial insights into market entry strategies, regulatory requirements, and socio-cultural factors that influence business success in Vietnam.
Download the eBook now to gain expert insights into successfully navigating Vietnam’s dynamic investment landscape!
Vietnam is emerging as a prime destination for foreign direct investment (FDI), driven by rapid economic growth, favorable government policies, and an investor-friendly business environment. This eBook provides a deep dive into Vietnam’s economic landscape, highlighting key industries such as manufacturing, real estate, and digital banking that attract FDI. It also explores the government’s proactive measures to streamline investment procedures, improve infrastructure, and offer tax incentives for foreign enterprises. Additionally, it covers crucial insights into market entry strategies, regulatory requirements, and socio-cultural factors that influence business success in Vietnam.
Download the eBook now to gain expert insights into successfully navigating Vietnam’s dynamic investment landscape!
Founded in 2009, Viettonkin Consulting is a multi-disciplinary group of consulting firms headquartered in Hanoi, Vietnam with offices in Ho Chi Minh City, Jakarta, Bangkok, Singapore, and Hong Kong and a strong presence through strategic alliances throughout Southeast Asia. Our firm’s guiding mission is aimed towards facilitating intra-ASEAN investments and connecting investors in Southeast Asia with the rest of the world, thus promoting international business relationships and strengthening inter-nation connections.