Davos (VNA) – Prime Minister Pham Minh Chinh hostedseparate receptions in Davos, Switzerland, on January 16 (local time) for leadersof the world's leading businesses in the fields of technology, e-commerce,finance and tourism on the sidelines of the 54th Annual Meeting of the WorldEconomic Forum (WEF).

Receiving Ryan McInerney, CEO of Visa Inc., a world leading digital paymententerprise with revenue of 32.6 billion USD in 2023, PM Chinh hailed Visa’slong-term investment strategy in Vietnam.

Noting that Vietnam has launched the National InnovationCentre (NIC), the PM suggested Visa strengthen cooperation with Vietnameseauthorised agencies in supporting the development of programmes for startup andinnovation communities.
         
The government leader welcomed Visa to continueinvesting and engaging in the innovation and digital transformation process ofVietnam, including cooperating with the State Bank of Vietnam to build acomprehensive financial strategy and develop a stable and sustainable financialsystem with diverse forms and large scale, meeting the country’s socio-economicdevelopment requirements.

Particularly, PM Chinh proposed Visa launch high-techsolutions in in different regions of Vietnam to ensure that all people canaccess financial services without anyone left behind.

McInerney said that Visa, which has operated in Vietnam for20 years and opened its office and innovation centres in Hanoi and Ho Chi MinhCity, has always considered Vietnam as one of its most important markets.

Vietnam is developing dynamically with strong demand fortechnologies and innovations, especially in e-payment, which is a strength ofVisa, he said, underlining that his firm hoped to continue engaging moredeeply into the country’s innovation and digital transformation process.

Meeting Vice President for Global Public Policy of AmazonWeb Services (AWS) Michael Punke, PM Chinh lauded Amazon’s proposal tocooperate with Vietnam and contribute to the digital transformation, digitaleconomy and digital society building efforts of Vietnam.

He asked for Amazon’s assistance to Vietnam’s digitaltransformation,  application of cloud computing technology, and building of network securitysolutions.

The PM suggested Amazon help Vietnam design trainingand sales consulting programmes for potential Vietnamese partners on the Amazonplatform, strengthening cooperation with Vietnamese businesses, and helpingVietnam maximise its potential and strengths and overcome limitations toachieve goals in digital transformation and innovation.

Amazon should increase collaboration with the NIC topromote trans-border export activities and build Vietnamese trademarks on itse-commerce platform, the Vietnamese leader said.

For his part, Punke said that Amazon is focusing onsupporting Vietnamese firms in the fields of banking, finance,telecommunications and production by providing them with cloud computingservices to speed up their digital transformation process. Since 2017, Amazon has worked with universities to train 50,000 Vietnamese learners on cloud computingskills, he noted.

Amazon wants to join the Vietnamese Government in building apolicy that prioritises the use of cloud computing, said Punke, recommending the Vietnamese Government to design policies to encourage businesses in thefield of digital commerce and new services such as data centres/cloud computingand support cross-border data flows.

At a reception for Jane Sun, CEO of Trip.com, PM Chinh asked the group toprioritise supporting Vietnamese businesses, especially small and medium-sizedenterprises, to participate in its network to reach customers on a globalscale, thereby contributing to the general development of the tourism market inVietnam.

Trip.com is a multinational online travel service group thathas 45,000 staff members and 400 million users around the world and revenue of 5.53billion USD in 2023. The firm is seeking opportunities to invest in theVietnamese market.

Briefing the Trip.com CEO on tourist attraction policies ofVietnam, the PM said that said he hoped with its resources,reputation and experience in developing digital platforms in general and onlinetourism service platforms in particular, the firm will expand investment inVietnam in the coming time.

He also asked for Trip.com’s support in promoting innovationand technology application and human resources training for the Vietnamesetourism sector.

For her part, Jane Sun highly valued Vietnam’s advantages intourism with a large number of heritages, historical relics and naturallandscapes, as well as rich and diverse culture and cuisine.

She suggested thatVietnam should continue to concentrate on developing the infrastructure system andprovide more favourable visa policies for foreigners, while focusing ontraining human resources for tourism./.