Monday, March 4,2024 - 21:16 GMT+7  Việt Nam EngLish 

Vietnam, US agree to turn investment, innovation into important pillar of new partnership 

 Monday, September 11,2023

AsemconnectVietnam - Vietnamese Prime Minister Pham Minh Chinh and US President Joseph Robinette Biden Jr. agreed on September 11 to turn technology, innovation, and investment into a truly new important pillar of the countries’ freshly established comprehensive strategic partnership.

Chinh told the guest that Vietnam has set goals to become a developing country with modern industry and high average income by 2030, and a developed and high-income country by 2045.

Therefore, it determines that science, technology and innovation is one of the main motivations for national development, and its consistent policy is to call for investment and to open markets with all partners and businesses around the world, especially those from the US, he stated.

To create more favourable conditions for enterprises, Vietnam has been focusing on developing human resources, building preferential policies to speed up digital transformation and further develop renewable energy, semiconductor industry, high-tech parks, and innovation and financial centres, participating in the global value chain, and attracting foreign strategic investors.

The Vietnamese Government leader expressed his hope to continue receiving political support from the US Government and President Biden, as well as the US business community’s commitments in terms of capital, science and technology and high-quality human resources training to help Vietnam transform its growth model and restructure the economy towards a green, rapid, sustainable and inclusive direction.

With the stance of “resources originating from thinking and vision, motivation from innovation and creativity, and strength from people and businesses”, Chinh said that the Vietnam-US comprehensive strategic partnership represents new thinking, new vision, and new motivation, and creates new strength and new values. He proposed both sides cooperate, share, learn from, and support each other in the spirit of harmonising benefits and sharing risks.

Agreeing with Chinh's opinions, Biden spoke highly of Vietnam's development achievements in recent times, stressing he believes that it is time for the US and Vietnam to promote relations in all fields to bring about common prosperity.

The two countries and businesses need to work together to consolidate and advance cooperation in the coming time, he stressed.

The US will cooperate and support Vietnam to seize opportunities and make the most of its potential, he stated, suggesting Vietnam in general and its businesses in particular continue to work closely to promote development in such areas as science - technology, innovation, semiconductor industry, green transformation, climate change response and human resources training, and to participate more deeply in regional and global value chains.

The President emphasised that cooperation and sharing are not only during the times of favourable development, but also those of difficulties and risks./.



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