President Nguyen Xuan Phuc: Vietnam to become a hub of global supply chain
(VOVWORLD) - President Nguyen Xuan Phuc hosted a high-level seminar with the US-APEC Business Alliance for Competitive SMEs on Thursday as part of the ongoing APEC Economic Leaders' Meeting in Bangkok.
 President Nguyen Xuan Phuc hosts a seminar with US businesses (Photo: Vu Dung/VOV) |
He suggested US firms enhance connectivity, make it easier for Vietnamese enterprises to join their manufacturing supply chain, thus turning Vietnam into one of the value chain hubs in the region and the world.
The Vietnamese President stressed that Vietnam will step up green growth, digital economy, sci-tech, and innovation and deeply join the global investment structure, trade order, and supply chain.
Vietnam will further open its economy, switch to quality and focused FDI cooperation, help domestic enterprises improve production capacity to join the supply chains of foreign-invested firms, he said, adding that Vietnam will also strive to create a transparent and favourable business environment in line with new-generation free trade agreements and toward practices of the Organisation for Economic Cooperation and Development (OECD).
 President Nguyen Xuan Phuc and US businesses (Photo: Vu Dung/VOV) |
Representatives from US firms and corporations vowed to continue expanding investment in Vietnam and bring new products and modern technology to Vietnam