Prime Minister Pham Minh Chinh talks a businessman attending the talks. Photo: VGP/Nhat Bac

During the talks, Pascal Gerken, Honorary Chairman of the Young Presidents Organization (YPO), applauded Vietnam for its  socio-economic development achievement last year with GDP growing 5.05%, inflation control, high level of foreign direct investment (FDI).

Prime Minister Pham Minh Chinh shared fundamental factors for Vietnam to become a safe, healthy and sustainable investment destination.

Vietnam has had diplomatic relations with more than 190 countries, including comprehensive strategic partnerships or strategic partnerships with all five permanent members of the UN Security Council and G20countries, he said, adding that Vietnam has signed 16 Free Trade Agreements with more than 60 countries.

All these guarantee Vietnam's commitment to opening up and integrating into the international economy, according to the Prime Minister.

He said Vietnam will continue to promote three strategic breakthroughs, including building strategic infrastructure to reduce logistics costs, input costs, and increase product competitiveness; training high quality human resources; improving institutions to create convenience and reduce costs for businesses and people.

Prime Minister Pham Minh Chinh and delegates pose for a photo. Photo: VGP/Nhat Bac

The Prime Minister emphasized Vietnam’s consistency in these policies in the spirit of harmonizing the interests of the State, people, businesses, and investors and sharing risks if any.

PM Chinh called on investors to come to Vietnam, whose Government and ministries always listen to and are ready to dialogue, share, negotiate, and protect the legal and legitimate rights and interests of investors.