PM: Vietnam welcomes German investors

Prime Minister Nguyen Xuan Phuc expressed his hope that there will be more German businesses investing in Vietnam, during a reception for CEO of SAP Group Bill McDermott in Hanoi on September 21.

pm: vietnam welcomes german investors hinh 0
Prime Minister Nguyen Xuan Phuc (R) and CEO of SAP Group Bill McDermott 
At the meeting, PM Phuc lauded the contributions of SAP Group – one of the world’s biggest European software enterprises – to Vietnam over the past 20 years, and pledged to create all possible conditions for the group to operate successfully in Vietnam. 

The Vietnamese Government has always attached great importance to consolidating and developing relations with Germany, as well as its individual states, he said, emphasising that Germany is Vietnam’s leading trustworthy and important partner in Europe. 

The leader also said he hopes that Vietnam and Germany will step up their cooperation across many fields, especially in trade and investment. 

Vietnam is on its path of digital reform and is one of the first countries to strongly support and anticipate the Fourth Industrial Revolution, as reflected in the country’s efforts to build new strategies and policies on digital transformation and Industry 4.0 application. 

During the process, Vietnam welcomes the world’s leading groups and businesses to share their experience in relevant fields, the PM said. 

He lauded SAP Group’s digital government solution that has been applied successfully in several countries and suggested the group coordinate with the Ministry of Information and Communications (MoIT). The PM highlighted the project’s capacity to meet the demands for a growth-facilitating and transparent government which works to serve the people.

The PM also called for the German group’s support in building smart cities in Vietnam, as well as for the digital transformation of a number of Vietnamese telecom businesses. 

The Vietnamese Government is joining hands with the World Economic Forum (WEF) in building an information safety resource centre for ASEAN based in Vietnam, he said, appealing to SAP to support and send experts to help Vietnam with the construction. 

Vietnam is ready to cooperate with and wishes to receive consultations from SAP in devising policies on startups, the host said. 

For his part, Bill McDermott said his group would like to cooperate with and contribute to creating marked changes, bringing a bright future to Vietnam. 

SAP is committed to accompanying Vietnam in its digital development, he noted, adding that the group wants to participate in the country’s e-government, reform, startup, small- and medium-sized enterprises, and cyber security projects. 
VNA

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