PM meets leaders of world's top businesses in Davos

Jan 18th at 07:59
18-01-2024 07:59:56+07:00

PM meets leaders of world's top businesses in Davos

Prime Minister Phạm Minh Chính hosted separate receptions in Davos, Switzerland, on Tuesday (local time) for leaders of the world's top businesses in the fields of technology, e-commerce, finance and tourism on the sidelines of the 54th Annual Meeting of the World Economic Forum (WEF).

Prime Minister Pham Minh Chinh (centre, left) meets CEO of Visa Inc Ryan McInerney. — VNA/VNS Photo

Meeting Ryan McInerney, CEO of Visa Inc, a world leading digital payment enterprise with revenue of US$32.6 billion in 2023, PM Chính hailed Visa’s long-term investment strategy in Việt Nam.

Noting that Việt Nam has launched the National Innovation Centre (NIC), the PM suggested Visa strengthen cooperation with authorised Vietnamese agencies in supporting the development of programmes for start-up and innovation communities.

The government leader welcomed Visa to continue investing and engaging in the innovation and digital transformation process of Việt Nam, including cooperating with the State Bank of Vietnam to build a comprehensive financial strategy and develop a stable and sustainable financial system with diverse forms and a large scale, meeting the country’s socio-economic development requirements.

PM Chính proposed Visa launch high-tech solutions in in different regions of Việt Nam to ensure that all people can access financial services without anyone left behind.

McInerney said that Visa, which has operated in Việt Nam for 20 years and opened its office and innovation centres in Hà Nội and HCM City, has always considered Việt Nam one of its most important markets.

Việt Nam is developing dynamically with strong demand for technologies and innovations, especially in e-payment, which is a strength of Visa, he said, underlining that his firm hoped to continue engaging more deeply into the country’s innovation and digital transformation process.

PM Chính and Vice President for Global Public Policy of Amazon Web Services (AWS) Michael Punke in Davos, Switzerland, on Tuesday. — VNA/VNS Photo

Meeting Vice President for Global Public Policy of Amazon Web Services (AWS) Michael Punke, PM Chính praised Amazon’s proposal to cooperate with Việt Nam and contribute to the digital transformation, digital economy and digital society building efforts of Việt Nam.

He asked for Amazon’s assistance in Việt Nam’s digital transformation, application of cloud computing technology and building of network security solutions.

The PM suggested Amazon help Việt Nam design training and sales consulting programmes for potential Vietnamese partners on the Amazon platform, strengthening cooperation with Vietnamese businesses and helping Việt Nam maximise its potential and strengths and overcome limitations to achieve goals in digital transformation and innovation.

Amazon should increase collaboration with the NIC to promote trans-border export activities and build Vietnamese trademarks on its e-commerce platform, the Vietnamese leader said.

Punke said that Amazon is focusing on supporting Vietnamese firms in the fields of banking, finance, telecommunications and production by providing them with cloud computing services to speed up their digital transformation process. Since 2017, Amazon has worked with universities to train 50,000 Vietnamese learners on cloud computing skills, he noted.

Amazon wants to join the Vietnamese Government in building a policy that prioritises the use of cloud computing, said Punke, recommending the Vietnamese Government to design policies to encourage businesses in the field of digital commerce and new services such as data centres/cloud computing and support cross-border data flows.

PM Chính meets CEO of Trip.com Jane Sun in Davos, Switzerland, on Tuesday. — VNA/VNS Photo

At a reception for Jane Sun, CEO of Trip.com, PM Chính asked the group to prioritise supporting Vietnamese businesses, especially small and medium-sized enterprises, to participate in its network to reach customers on a global scale, thereby contributing to the general development of the tourism market in Việt Nam.

Trip.com is a multinational online travel service group that has 45,000 members of staff and 400 million users around the world with a revenue of $5.53 billion in 2023. The firm is seeking opportunities to invest in the Vietnamese market.

Briefing the Trip.com CEO on tourist attraction policies of Việt Nam, the PM said that said he hoped with its resources, reputation and experience in developing digital platforms in general and online tourism service platforms in particular, the firm will expand investment in Việt Nam in the future.

He also asked for Trip.com’s support in promoting innovation and technology application and human resources training for the Vietnamese tourism sector.

Jane Sun said she highly valued Việt Nam’s advantages in tourism with a large number of heritages, historical relics and natural landscapes, as well as rich and diverse culture and cuisine.

She suggested that Việt Nam should continue to concentrate on developing the infrastructure system and provide more favourable visa policies for foreigners, while focusing on training human resources for tourism.

Bizhub



RELATED STOCK CODE (2)

NEWS SAME CATEGORY

Việt Nam lures US$468.91 billion of foreign investment by the end of 2023

Việt Nam attracted 39,140 foreign-invested projects with a total registered capital of over US$468.91 billion by the end of 2023, said the Foreign Investment Agency...

EuroCham releases 2024 Whitebook

The European Chamber of Commerce in Việt Nam (EuroCham) released its 2024 Whitebook on Tuesday in Hà Nội. According to EuroCham, the release aims to bring together...

​Vietnam’s 2024 GDP forecast to expand 6.12-6.48 percent

The Central Institute for Economic Management (CIEM), at a workshop in Hanoi on Monday, unveiled two scenarios for Vietnam’s economic growth in 2024 with the gross...

Working together to shape a business-friendly future: EuroCham's Whitebook

By informing discussions between different stakeholders, the Whitebook plays an important role in shaping future initiatives and investment strategies between...

2024 GDP growth might reach 6.48%, driven by innovation, reforms

Việt Nam’s economic growth might reach 6.48 per cent in 2024, driven by innovation, economic restructuring and institutional reforms, according to a report...

Nghe An woos five foreign-led projects worth $311 million

At a conference on December 13 to announce Nghe An province's planning for the period towards 2030, six new projects in Southeast Nghe An Economic Zone worth a...

Vietnam attracts over 39,100 FDI projects with registered capital of nearly 469 billion USD so far

Vietnam had attracted 39,140 foreign direct investment (FDI) projects with total registered capital of over 468.91 billion USD by the end of 2023, reported the...

Swiss-Viet Economic Forum makes debut

The Swiss-Viet Economic Forum (SVEF) has made its debut in Zurich, aiming to foster collaboration, innovation and sustainable growth between Vietnamese and Swiss...

​Over 2.8 million Vietnamese firms tap TikTok Shop last year

More than 2.8 million micro, small, and medium enterprises (MSMEs), along with household businesses, in Vietnam were actively engaged in trading on Chinese-owned...

Việt Nam, Indonesia eye stronger economic, trade ties

Prime Minister Phạm Minh Chính and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hà Nội on January 13 morning as part of the...


MOST READ


Back To Top