Foreign companies recommend solutions to promote Vietnam’s development | Company

Meeting participants (Photo: VNA)

They applauded Vietnam for its achievements in recent years, especially in the context of the Covid-19 pandemic and changes in the world. They expressed their thanks for the Vietnamese government’s support to the business community in general and FDI companies in particular.

Nakajima Takeo, chief representative of the Japan External Trade Organization (JETRO) in Hanoi, said that in a survey conducted by his agency of more than 1,700 parent companies of Japanese companies, Vietnam ranked second among countries where companies wish to increase their investments.

FDI companies are eager to follow Vietnam’s policy developments. They highlighted the need to diversify in terms of networks in the supply chain; suggested to the local authorities to increase the training of the workers and to provide them with housing and means of transport.

Kim Young-chul, vice president of the Korean Business Association in Vietnam (KORCHAM), said that amid global uncertainties such as inflation and supply chain disruption, Vietnam is still highly valued thanks to efforts to maintain stable and foreign prices. exchange rate.

Vietnam should have a more open visa policy to become a global tourism hub and attract more foreign investment, Kim said, adding that short and long-term infrastructure planning plans, including electrical systems , roads and bridges, need to be upgraded to support high-tech projects.

Meanwhile, a representative of the Singapore Business Association Vietnam stressed the importance of developing domestic support industries to reduce dependence on imported materials and called on the Vietnamese authorities to simplify administrative procedures to facilitate the operations of companies.

According to HSBC Vietnam CEO Tim Evans, Vietnam continues to be an attractive destination. It is ranked 2nd in terms of post-pandemic recovery potential.

Evans recommended that Vietnam promote regular dialogues between state management agencies and FDI companies to clarify regulations and policies related to capital flows, financing, business establishment and incentives.

He also stressed the need for Vietnam to focus on developing skilled workers, saying this will be an important factor in promoting and attracting high-value investments in high-value industries such as semiconductors, automotive engineering, fintech and logistics.

Erin Ennis, Senior Vice President of Dell Technologies Group, said investments over the past 30 years show that Dell’s projects in Vietnam have promoted and contributed significantly to the development of electronics, mechanical and packaging industries. in the country.

Vietnam will play an important role in Dell’s continued diversification of its supply chain, she said, adding that Dell looks forward to contributing more to Vietnam’s economy and electronics industry.

Meanwhile, Michael Vu Nguyen, country manager of Boeing Vietnam, said Boeing introduced the potential of sustainable energy for the aviation industry and encouraged investment, production and use of clean fuel for airlines. airlines in Vietnam in the future.

He expressed the hope that the Vietnamese government will continue its open, flexible and effective policy for major suppliers in the aviation industry to facilitate their investment in the country.

Vietnam should promote the deployment of green infrastructure and green materials, he said, expecting the country to become an important source of supply for the general aerospace industry and supply chain. of Boeing Corporation in particular.

Nguyen Hoang, representative of the board of directors of Hanoi South Supporting Industrial Park, suggested that large international companies and multinationals operating in Vietnam create the most favorable conditions and opportunities for Vietnamese companies, especially specialized ones. in the support industry, to become their partners and satellite manufacturers; and join the production line in Vietnam.

During the conference, representatives from a number of localities such as Quang Ninh, Can Tho and Nghe An briefed participants on the potential, strengths and investment opportunities, mechanisms, policies, environment business and investment in their localities.


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