Plenty of opportunities for Vietnam to attract high-quality investments: OECD
VOV.VN - Vietnam still has many opportunities to attract high-quality investments towards green and sustainable development amid the global changes, has said Secretary-General of the Organisation for Economic Cooperation and Development (OECD) Mathias Cormann.
Prime Minister Pham Minh Chinh hosted a reception for Secretary-General of the Organisation for Economic Cooperation and Development (OECD) Mathias Cormann in Hanoi on October 27, on the occasion of his attendance at the OECD-Southeast Asia Ministerial Forum 2023, and activities of the OCED Southeast Asia Regional Programme (SEARP).
PM Chinh expressed thanks for the OECD's partnership and support to Vietnam in its role as the Co-Chair of the SEARP, especially its contributions to the success of the the OECD-Southeast Asia Ministerial Forum 2023 and the OECD-Vietnam Investment Forum 2023, which took place on October 26-27.
He welcomed the OECD's approval of the Indo-Pacific Strategy in June and wished that the OECD and the Secretary-General would continue their support for the region by allocating resources to enhance regional cooperation.
The Vietnamese Government chief suggested Vietnam and the OECD further enhance their substantive and effective cooperation.
Sharing Vietnam's strategic development directions, he sought the OECD's assistance in formulating policies to attract high-quality investments. This will enable Vietnam to integrate more deeply into the global value and supply chains, protect investors’ interests, and efficiently adapt to new standards, particularly the global minimum tax, he went on to say.
He also called on the OECD to help Vietnam promote new growth drivers such the green transition, digital transformation, carbon market development, green standards, emission reduction, and innovation, which align with the strengths of the OECD and are currently in high demand and prioritised for development in Vietnam.
Cormann, in turn, hailed Vietnam's key role in its capacity as the Co-Chair of the SEARP, especially the initiative to organise the OECD-Southeast Asia Ministerial Forum 2023.
He applauded the forum's theme “Sustainable and Quality Investment: New Momentum for OECD- Southeast Asia Partnership”, which he said, accurately reflects the interests and attracts the participation of many ministerial-level representatives from various countries.
Reaffirming the significance of the Southeast Asia and Vietnam in particular for OECD, he consented to elevate the Vietnam-OECD relationship and assured his organization’s readiness to cooperate with Vietnam in areas of mutual concern.
