PM Pham Minh Chinh speaks at the Vietnam – Romania Business Forum. (Photo: VNA) Bucharest (VNA) – The Vietnamese Government always accompanies andsupports foreign enterprises, including those from Romania, so that they can make long-term, effective and sustainable investment in Vietnam in the spirit of “harmonising benefits and sharing risks”, Prime Minister Pham Minh Chinh said on January 22.
PM Chinh made the statementwhile attending the Vietnam – Romania Business Forum co-organised by the Vietnamese Ministry of Planning and Investment, the Vietnamese Embassy in Romania and theChamber of Commerce and Industry of Romania.
Highlighting the soundtime-honoured Vietnam – Romania relations over the past nearly 75 years, PMChinh said the friendship and comprehensive cooperation between the twocountries have been deepened in the areas of politics, diplomacy, trade, agriculture,industry, labour, tourism and education and training.
The leader laid stress onVietnam’s economic development strategy which is based on the three pillars ofbuilding a law-governed socialist state, a socialist democracy and a socialist-orientedmarket economy, adding the country pursues the goal of an independent, self-relianteconomy that engages in the international integration in a deep, comprehensive,practical and effective way.
He went on to underscore that Vietnam never sacrifices social progress and equality, and the environment for pure economic growth, adding that the country hasfocused on three breakthrough strategies on institutions, human resources andinfrastructure which will create favourable conditions for businesses to reduceinput costs and improve competitive capacity, thus having effective,sustainable and long-term development in Vietnam.
PM Chinh said he and his Romanian counterpart Ion-Marcel Ciolacu hadsuccessful talks, during which the two government leaders reached consensus onmeasures to bolster investment and business cooperation, especially in thefield of each other’s strength and demand, and promote the bridging role tohelp each other break into the regional markets.
Vietnam prioritises investments in digital economy, green economy, circular economyand knowledge-based economy, with projects in the areas of high technologies,electronics, semiconductor, innovation, renewable energy, and infrastructuredevelopment, among others, he stressed.
He took this occasion to thank Romania for its positive role in the signing ofthe EU-Vietnam Free Trade Agreement and being one of the first nations to ratify the EU-VietnamInvestment Protection Agreement, and suggested enterprises of both sides tocapitalise on the deals to boost cooperation for development.
The PM recommended the two sides step up exchange and investment in the fields of Vietnam’sdemand and Romania’s strengths, comprising mechanical engineering, specialised machinery,medical equipment and automobile manufacturing industry.
Describing geographical distance as a barrier for the two countries’cooperation, PM Chinh said that it can be addressed with the good implementation ofdigital transformation and e-commerce, and modern means of transport.
At the forum, participants were introduced to investment potential, climate and opportunities in Vietnam and Romania.Businesses had the chance to get a deeper insight into the economic developmentstrategies in each nation as well as their business procedures, infrastructureand human resources./.
PM Chinh made the statementwhile attending the Vietnam – Romania Business Forum co-organised by the Vietnamese Ministry of Planning and Investment, the Vietnamese Embassy in Romania and theChamber of Commerce and Industry of Romania.
Highlighting the soundtime-honoured Vietnam – Romania relations over the past nearly 75 years, PMChinh said the friendship and comprehensive cooperation between the twocountries have been deepened in the areas of politics, diplomacy, trade, agriculture,industry, labour, tourism and education and training.
The leader laid stress onVietnam’s economic development strategy which is based on the three pillars ofbuilding a law-governed socialist state, a socialist democracy and a socialist-orientedmarket economy, adding the country pursues the goal of an independent, self-relianteconomy that engages in the international integration in a deep, comprehensive,practical and effective way.
He went on to underscore that Vietnam never sacrifices social progress and equality, and the environment for pure economic growth, adding that the country hasfocused on three breakthrough strategies on institutions, human resources andinfrastructure which will create favourable conditions for businesses to reduceinput costs and improve competitive capacity, thus having effective,sustainable and long-term development in Vietnam.
PM Chinh said he and his Romanian counterpart Ion-Marcel Ciolacu hadsuccessful talks, during which the two government leaders reached consensus onmeasures to bolster investment and business cooperation, especially in thefield of each other’s strength and demand, and promote the bridging role tohelp each other break into the regional markets.
Vietnam prioritises investments in digital economy, green economy, circular economyand knowledge-based economy, with projects in the areas of high technologies,electronics, semiconductor, innovation, renewable energy, and infrastructuredevelopment, among others, he stressed.
He took this occasion to thank Romania for its positive role in the signing ofthe EU-Vietnam Free Trade Agreement and being one of the first nations to ratify the EU-VietnamInvestment Protection Agreement, and suggested enterprises of both sides tocapitalise on the deals to boost cooperation for development.
The PM recommended the two sides step up exchange and investment in the fields of Vietnam’sdemand and Romania’s strengths, comprising mechanical engineering, specialised machinery,medical equipment and automobile manufacturing industry.
Describing geographical distance as a barrier for the two countries’cooperation, PM Chinh said that it can be addressed with the good implementation ofdigital transformation and e-commerce, and modern means of transport.
At the forum, participants were introduced to investment potential, climate and opportunities in Vietnam and Romania.Businesses had the chance to get a deeper insight into the economic developmentstrategies in each nation as well as their business procedures, infrastructureand human resources./.
VNA
