On 26 April in Hanoi, the Ministry of Foreign Affairs and the Vietnam Economic Times co-organised the “Connection for Development Forum 2021”, themed “Seizing New Opportunities for Localities and Business”.
Connection for Development Forum 2021
The event featured H.E. Pham Binh Minh, Deputy Prime Minister; H.E. Bui Thanh Son, Minister of Foreign Affairs; authorities of 63 provinces throughout Vietnam; ambassadors and representatives of diplomatic missions and international organisations; as well as more than 400 business leaders.
In his opening remarks, Minister of Foreign Affairs Bui Thanh Son stated that, in the coming time, the Government will continue to work closely with line ministries, localities and business communities, to contribute effectively to the successful implementation of Vietnam’s socio-economic development goals.
Minister of Foreign Affairs Bui Thanh Son
In his keynote speech, Deputy Prime Minister Pham Binh Minh noted that Vietnam should be proactively catching up with the fourth wave of FDI taking place globally amid fierce competition and the adverse impacts of the COVID-19 pandemic. FDI attraction must be more selective with a specific focus on the main evaluation criteria such as quality, efficiency, technology and environmental protection.
The Government will also seek to prioritise investment in relation to infrastructure development, reduce transaction costs, and enhance competitiveness for businesses and investors, with a specific focus on strengthening transparency. Most notably, the Government will encourage further investment in education, science, and technology, with human and technological capacity anticipated to be the driving force behind growth over the coming decades.
Deputy Prime Minister Pham Binh Minh delivering a keynote speech at the forum
On behalf of EuroCham, Vice Chairman Nguyen Hai Minh joined in the panel discussion themed “Opportunities and Challenges from the Movement of FDI Flows in the New Context”. Ms. Claudia Anselmi, Mr. Gianluca Fiume and Mr. Soren Roed Pederson – EuroCham Executive Committee members –