Prime Minister Pham Minh Chinh received a delegation of Swiss and European businesses in Hanoi on February 3.

Prime Minister Pham Minh Chinh has reaffirmed Vietnam’s
openness to Swiss and European enterprises, encouraging greater investment in
high-tech and high value-added projects linked with technology transfer, as
well as deeper cooperation in green and digital transformation, renewable energy,
the marine economy, green finance and tourism, according to a report from the Vietnam News Agency.

He made the suggestion at a meeting in Hanoi on February 3
with a delegation of Swiss and European businesses led by Dr Philipp Rösler,
President of the Swiss–Viet Economic Forum (SVEF).

The PM expressed his hope that Swiss and European enterprises
will scale up both direct and indirect investment, intensify technology
transfer, support workforce training, share management expertise, invest in
research and development, and help Vietnamese businesses integrate more deeply
into global value and supply chains.

He also called on Swiss and European businesses to support
Vietnam’s efforts to develop the international financial center, encourage the
remaining EU member states to ratify the EU – Vietnam Investment Protection
Agreement (EVIPA), urge the European Commission to lift the IUU fishing “yellow
card” on Vietnamese seafood, and contribute to Vietnam’s long-term development
through sustained investment, technology transfer, innovation cooperation and
the promotion of international standards on environmental, social, and
governance (ESG) and sustainable finance.

Representatives of Swiss and European enterprises highly
valued Vietnam’s investment climate, noting their long-term cooperation and
investment plans in sectors such as finance, textiles, climate change response,
emissions reduction, pharmaceuticals, biotechnology, semiconductors, data
infrastructure and artificial intelligence.

They called for continued support from the Government via
policy openness and stability, streamlined administrative procedures, and
stronger supporting ecosystems to help them enhance investment efficiency.

VNA- Khánh Vân