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Prime Minister Pham Minh Chinh addresses the forum. |
At a forum on innovation and start-ups held by Asia Society on May 17 (local time) in the U.S. as he was on an official visit to the country, he also affirmed that Vietnam identifies science and technology, innovation and entrepreneurship as an important driving force for development in the new period.
The PM expressed his wish U.S. partners will continue promoting cooperation activities, especially in innovative start-ups.
Startup collaboration between the two sides should focus on issues that are of global concern and the two countries are promoting cooperation, such as climate change response, digital transformation, technology transformation, and supply chain diversification.
He said the two sides should pay attention to innovation and start-ups movement among students and youths.
Agreeing with the PM’s global and all-people approach, representatives of various large corporations said they hope to have an insight into the Vietnamese Government’s policies of encouraging U.S. companies to invest in Vietnam.
PM Chính said the Government is improving the mechanism and policies to welcome start-ups, adding that the country is rushing to prepare the infrastructure system like IT, big data, and train human resources to stand ready to welcome foreign investors to Vietnam.
Vietnam is in its development stage, so its need for capital is very large to solve new problems such as energy transition and climate change, the PM said, adding it is very eager to have cooperation from major financial institutions.
Human resources are the most valuable in digital transformation, the PM emphasized and proposed cooperation in improving the capacity and quality of this to serve the startup ecosystem, digital transformation, and innovation.
In addition, infrastructure related to science and technology development needs to continue to be invested and improved in quality to meet the development requirements.
Vietnam wishes to mobilize financial resources through public-private partnership, developing countries like Vietnam need to prioritize resources from developed countries, he said.
Source: VNA