(MPI) - The Ministry of Planning and Investment and the Ministry of Foreign Affairs, in collaboration with FPT Corporation and VinaCapital organised a seminar themed “High-tech investment in Vietnam: taking off in the smart era” in Davos, Switzerland on January 21 (local time), on the sidelines of the 55th Annual Meeting of the World Economic Forum (WEF).

Minister of Planning and Investment Nguyen Chi Dung adresses the seminar. Photo: VGP

At the seminar, representatives from major domestic corporations and enterprises introduced the potential for attracting investment into Vietnam, leveraging the country's existing high-tech strengths and comprehensive support from the Government through national strategic technology directions.

Representatives from leading global corporations and enterprises in technology, investment, finance, semiconductors, healthcare, and infrastructure also expressed their desire to expand investments in Vietnam in emerging fields. They shared a strong ambition to realize their aspirations in Vietnam and are ready to act when favorable conditions are met.

Addressing the seminar, Minister of Planning and Investment Nguyen Chi Dung stated that Vietnam is making efforts to reform its investment environment and procedures to become a safe, effective, and competitive destination compared to other countries in the region.

Regarding investment procedures for high-tech industries in industrial parks, foreign investors can now proceed with registration and start operations immediately instead of waiting 2-3 years for investment approval, environmental impact assessments, and fire safety evaluations as before, he said.

Vietnam aims to develop an international financial center that aligns with global standards while remaining more competitive than other countries, serving the overall economic growth, Minister Dung emphasixed. He also affirmed that Vietnam will consider and study proposals to increase the foreign investment ratio in airport and seaport sectors to attract more capital for future infrastructure development.

Speaking on behalf of the Prime Minister, Secretary of the Ho Chi Minh City Party Committee Nguyen Van Nen emphasized that Vietnam recognises high-tech development as not only a necessary condition for improving productivity, quality, and competitiveness but also as the key to propelling the country into a modern industrial nation. It serves as the foundation for building a knowledge-based economy and achieving sustainable development.

Vietnam has made significant progress in attracting and developing high-tech investments, with contributions from major international technology corporations such as Samsung, Intel, Nvidia, Google, Meta, and the rapid growth of domestic technology conglomerates such as Viettel, VNPT, FPT, and CMC within the country's innovation ecosystem.

Regarding high-quality human resources, Vietnam has over 240 universities, nearly 160 of which offer training in technical and technological fields. Over the past 20 years, Vietnam has produced hundreds of thousands of programmers and millions of IT professionals, establishing a strong foundation for human resources in artificial intelligence and semiconductors, which are among the country's key strengths.

The Vietnamese Government is committed to supporting investors in developing the high-tech sector through specific policies, including investment incentives, investment support, special investment procedures, prioritization of high-quality human resource development, and collaboration with international countries and organizations, he affirmed./.

Bao Linh

Ministry of Planning and Investment