Speaking at the forum, Prime Minister Pham Minh Chinh assessed that economic, investment and trade cooperation has become a bright spot and an important pillar in the two countries' relationship. Vietnam is an important partner of India in India's "Act East" policy. The Prime Minister was very impressed with the statement of Indian Prime Minister Narendra Modi on September 3, 2016 before the G20 Summit that: "Vietnam is a strong pillar in India's Act East policy" and "Bilateral relations between the two countries are based on trust, mutual understanding and convergence of views on various regional and global issues."
"Placing Vietnam in an important position, as the "focus" and "bridge" in the "Act East" policy has contributed to promoting Vietnam-India relations in general and economic relations in general. own, develop to new heights" - Prime Minister Pham Minh Chinh said.
The Prime Minister highly appreciated and respectfully thanked the practical and effective contributions of Indian businesses to the socio-economic development of Vietnam, and for cultivating the good relationship between Vietnam - India over the past 50 years.
The Prime Minister emphasized that between the two countries there are 5 very important fundamental factors for businesses of the two countries to continue to cooperate with high trust, success and efficiency.
Those are: Good traditional friendly relations; high political trust; open market; Similar cultures and civilizations; ideas are compatible; sharing the same desire to build a strong, prosperous country with rapid and sustainable economic development.
According to the Prime Minister, the Vietnamese Government encourages Indian businesses to expand investment cooperation in areas where India has strengths and which Vietnam has high demand and priority, such as: High technology, electronics, science and technology, artificial intelligence (AI), infrastructure construction, renewable energy, new energy (hydrogen), biotechnology...
The Prime Minister requested the two sides to continue to support and promote dialogue and investment connection activities, creating conditions for businesses from both sides to expand cooperation, investment and business effectively; Promote and deploy effective measures to complete the target of bilateral trade turnover reaching 20 billion USD in the coming time; creating favorable conditions for many Vietnamese goods to access the Indian market and soon opening more direct flights between the two countries.
Along with that, continue to strengthen development cooperation (ODA), focusing on strategic infrastructure development areas, including transportation infrastructure, energy infrastructure, digital infrastructure and adaptive infrastructure. respond to climate change.
The Prime Minister requested Indian corporations and businesses to continue to invest and expand investment in Vietnam and cooperate in training high-quality human resources, especially in the fields of semiconductors and science and technology. , innovation, digital transformation, green transformation (hydrogen), pharmaceuticals (especially vaccines, drugs to treat incurable diseases), renewable energy, biotechnology.
The Prime Minister hopes that Indian businesses and investors will pay attention to support and create conditions for Vietnamese businesses to participate in the value chain of corporations, especially in areas where Vietnam potential; considers Vietnam a strategic destination for building research and development (R&D) centers and applying high technology.
Prime Minister Pham Minh Chinh believes that economic - investment - trade cooperation will continue to be an important pillar in bilateral relations, contributing to bringing the relationship between the two countries to new heights. The more it blooms and bears fruit.
