Categories
  • Tiếng Việt
  • Tiếng Anh
  • Home
  • About Us
  • Contact
  • Peace - Friendship
  • Foreign NGOs
  • Central Member Organizations
  • Provincial Union Of Friendship Organizations
  • Diplomacy and Intergration
  • Viet Nam
  • Seas and Islands
  • Video
  • Photo
  • Infographics
  • Mega story
Vufo.org.vn

Viet Nam Union of Friendship Organizations

  • Home
  • About Us
  • Peace - Friendship
  • Foreign NGOs
  • Contact
  • Copy link
  • Home
  • Diplomacy and Intergration
31/10/2024, 9:19 AM

PM calls for future-oriented investment at Saudi Arabia conference

Vietnamese Prime Minister Pham Minh Chinh called for effective, responsible, and future-oriented investment, while addressing the eighth Edition of the Future Investment Initiative which is taking place in Riyadh, Saudi Arabia from October 29-31.

Prime Minister Pham Minh Chinh speaks the eighth Edition of the Future Investment Initiative in Saudi Arabia. (Photo: VNA)

Prime Minister Pham Minh Chinh speaks the eighth Edition of the Future Investment Initiative in Saudi Arabia. (Photo: VNA)

Lauding the event’s theme “Infinite Horizons: Investing Today, Shaping Tomorrow,” the leader said it offers an excellent opportunity to exchange views and propose initiatives for investment cooperation, aimed at overcoming all boundaries to achieve a sustainable and prosperous future.

He noted that "amid a fragmented world, we must not politicise investment, and all of us need to be cognisant of the need to invest effectively and responsibly with a clear direction for the future of sustainable development of nations and countries and for the happiness and welfare of people".

"We have to focus all investment into development, especially science, technology, innovation, improving human resource quality, digital transformation, circular economy and climate action, to fully harness the strength of each country, each nation, and each actor, so that we can all rise together to the infinite horizons," the PM said.

He also recalled the tireless efforts of Viet Nam in Doi moi (renewal) to transform itself from a poverty-stricken backward nation into one of the 34th largest economies in the world today.

Viet Nam has signed 17 free trade agreements with foreign partners, and opened its market to more than 60 countries and territories around the world, he added.

"It is Viet Nam’s hope that partners in the international community of businesses and investors live up to the role as pioneers who guide and shape growth in the spirit of 'investing today, shaping tomorrow.' We especially count on you to redouble efforts to support, assist, and work with, and drive investment in developing and poor countries, for a better world without poverty, where no one should be left behind," PM Chinh said.

Geographical distance has proven no hindrance to the people of Viet Nam and the nations of the Middle East, especially Saudi Arabia, in forging long-standing traditional friendship, according to the PM.

Many countries in the Middle East in recent years have identified Viet Nam as a priority in their respective eastward policies, he noted.

These are especially important cornerstones for both sides to tap into each other's strength and potential and elevate bilateral ties to new heights, the PM continued.

Viet Nam and Saudi Arabia share much in common, with strengths that are mutually complementary, and both sides have placed importance on accelerating innovation, digitisation and climate action.

With suitable geographical locations, both sides should work in close concert to coordinate between ASEAN and the Middle East and the Gulf.

Viet Nam hopes that partners, businesses, and investors from Saudi Arabia, the Middle East and the whole world continue to strengthen investment and business in their undertakings in Vietnam and with Vietnamese partners.

"We would especially welcome areas where you enjoy the advantage and Viet Nam has needs, such as digital transformation, renewable energy, cloud computing, smart cities, and smart infrastructure,” he said, stressing Viet Nam’s consistent policies to draw on all resources in and outside the country.

He added that Viet Nam is committed to creating a fair, convenient, and open business environment, continuing to streamline and simplify administrative procedures, and prioritising emerging sectors.

The country pays keen attention to developing high-quality human resources hand in hand with science technology and innovation to boost productivity and improve the effectiveness of investment, PM Chinh said.

"There's an aphorism in Saudi Arabia that one hand creates no sound. In Viet Nam, President Ho Chi Minh had the philosophy of 'Solidarity, solidarity, great solidarity. Success, success, great success. We hope and believe that businesses and investors from Saudi Arabia as well as the Middle East and the broader world would join hands with Viet Nam," the PM said.

The leader then had a discussion with Editor-in-Chief of The Economist magazine Zanny Minton Beddoes, where he highlighted Viet Nam’s resolve to build an independent and self-reliant economy, while actively pursuing intensive, comprehensive, substantive, and effective international integration.

Viet Nam recognises the importance of digital transformation and technology application to enhance national competitiveness, he said, noting, the country is implementing a wide range of solutions, including the adoption of the National Strategy on Fourth Industrial Revolution.

He said the resources required for Viet Nam's energy transition over the next decade are substantial, calling on the leaders attending the conference to support the country in accessing essential resources and strengthening investment cooperation, and help the country further consolidate its institutions and policies to achieve its net-zero emissions commitment.

Regarding Viet Nam’s development vision and choices, the PM affirmed that the country will always adapt and balance the interests of all parties.
For her part, Beddoes held that Viet Nam will soon hold a significant position in the "Look East" policy of Middle East countries, and expressed her strong confidence in the Southeast Asian nation’s success./.

VNA

Focus
PM Pham Minh Chinh meets with Cambodian King Norodom Sihamoni

PM Pham Minh Chinh meets with Cambodian King Norodom Sihamoni

State President hosts welcome ceremony for Cambodian King

State President hosts welcome ceremony for Cambodian King

Top legislator meets with Cambodian King in Hanoi

Top legislator meets with Cambodian King in Hanoi

Interested
1

Viet Nam - Russia Cooperation 2024 Reaps Numerous Positive Results

2

Vietnamese PM meets Polish top leaders

3

Viet Nam to host major multilateral events in 2025

4

Viet Nam-Belarus visa exemption agreement to open up world of opportunities

5

"United, Inclusive, Resilient": ASEAN future forum launches in Hanoi

Related news

Acceleration, breakthrough in ties between Viet Nam and Middle East countries

Vietnamese, Qatari top leaders agree to lift bilateral relations to new height soon

Viet Nam-UAE CEPA: New door to Middle East and Africa

Viet Nam hopes for close cooperation with US: Vice Spokesman

Viet Nam opposes all activities violating sovereignty over Hoang Sa

Vietnamese PM holds talks with Saudi Arabian counterpart and Jordan's Crown Prince

Viet Nam top leaders welcomes Executive Vice President of Venezuela

Viet Nam, UAE issue Joint Statement on upgrade of relations to Comprehensive Partnership

Party leader welcomes French Communist Party delegation

Malaysia, Viet Nam enhance parliamentary ties: Speaker of House of Representatives

Viet Nam Union of Friendship Organizations

Address: 105A, Quan Thanh, Ba Dinh, Ha Noi

Tel: +84.24. 3845 6303

Email: vufo.vufo@gmail.com

Copyright by the Viet Nam Union of Friendship Organizations

 

Top