Global giants exposed bold commitments in dialogue with PM

In the context of World Economic Forum-ASEAN 2018, Prime Minister Nguyen Xuan Phuc exchanged conversation with twenty globally renowned corporations.

“Let’s briefly share your expectation of Vietnam’s economy over the next 10 years, so we could both enjoy a win-win situation. I suggest that we do not discriminate domestic investor with foreign investors,” said PM.

Simon Milner, Vice President of Public Policy for Asia-Pacific for Facebook said that the corporation commits to stay in Vietnam in a long term.

He also expressed his desire to join the Government’s vision of being a digital nation by participating in four areas including digital citizen, digital economy, digital government and digital connection.

Milner promised to work side by side with Vietnamese enterprises, especially small-to-medium enterprises and startups.

Likewise, Thai Beverage (ThaiBev) expressed its commitment to Vietnam through its $5 billion investment in Sabeco last year, pledging to turn Sabeco into a world–renowned brand and further promote Vietnam’s culture to the world.

For General Electric Company (GE), Vietnam is one of its most successful stories across the world.

Alex Dimitrief, President & CEO, Global Growth Organization at GE said that: “This week is very exciting as we are celebrating our 25th anniversary in Vietnam. We have helped Vietnam produce electricity from GE equipment, upgrading thousands of transmission lines.”

He added: “About 55 per cent of Vietnamese hospitals use at least one of GE's equipment. Our aircraft engines are also used in the aircraft of Vietnam Airlines and Vietjet Air." 

GE Corporation has a world-class factory in Hai Phong city producing turbines using 4.0 technology. "Our company is very successful in Vietnam and we hope we can celebrate our 125th anniversary in Vietnam,” he said.

According to Yasuo Tanabe, senior Vice-President at Hitachi, there are three main concerns to address for Vietnam to maintain a sustainable growth including infrastructure development, digital economy and digital trade.

At present, the needs to build more infrastructure in Vietnam is very huge. Hitachi is currently a part of a subway project in Ho Chi Minh City, of which Hitachi committed to deliver great outcome since this project is a symbol of the Vietnam-Japan relationship.

Yasuo Tanabe will also be more involved in the field of internet connectivity for the manufacturing industry. Meanwhile, Hitachi’s vice president hoped that Vietnamese Government will create a more open trade environment.