Vietnam welcomes Chinese investment: PM

Vietnam welcomes Chinese investment: PM

Vietnamese Prime Minister Pham Minh Chinh urged Chinese firms to invest in key projects in Vietnam and include local companies in their supply chains.

He highlighted top investment areas: innovation, digital transformation, renewable energy, smart cities, manufacturing, and transport infrastructure. Chinh stressed the importance of sustainable business models that integrate Vietnamese enterprises.

Chinese business leaders praised Vietnam’s improving investment climate and strategic focus on digital and green economies.

Trade between Vietnam and China has quadrupled over the past decade, reaching $172 billion last year. China is Vietnam’s sixth-largest foreign investor, with over $27.6 billion in 4,400 projects.

Chinh also called for stronger economic ties, particularly in developing cross-border railways and roads to boost trade.

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