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Vietnam welcomes multinationals' assistance in economic recovery post pandemic

The OECD and multinationals such as Airbus and MSC are committed to supporting Vietnam as the country is pushing for economic recovery in the post-pandemic period.

Vietnam seeks the Organization for Economic Cooperation and Development (OECD)’s assistance in socio-economic recovery post-pandemic period, especially in policy consultation and mobilizing resources for training high-quality human resources.

 Prime Minister Pham Minh Chinh and OECD General Secretary Mathias Cormann. Source: VNA

Prime Minister Pham Minh Chinh gave the remarks during a meeting with OECD General Secretary Mathias Cormann on November 5 as part of his official visit to France.

Chinh expressed his thanks for OECD’s close cooperation in policy recommendation and drafting economic reports that serve as the basis for setting socio-economic development goals.

The prime minister expected OECD’s support would help ensure the country’s efficiency in restructuring the economy and revising the growth model for sustainable development.

“Vietnam is committed to realizing its commitments in reducing carbon emission levels that have been made at the COP26,” he said.

For his part, OECD’s General Secretary Mathias Cormann highlighted Vietnam’s efforts in containing the pandemic and ensuring macro-economic stability at the same time.

Cormann welcomed Vietnam’s strong commitments in participating in global efforts to combat climate changes, adding the OECD would continue to assist Vietnam in this regard.

He noted Vietnam’s role as OECD’s major partner in Southeast Asia and looks forward to cooperating with the country in the coming time.

Cormann stressed the memorandum of understanding (MoU) signed between Vietnam and the OECD in the 2022-2026 period is of significance creating a legal framework to boost bilateral cooperation, especially in the fields of digital transformation, green development, climate resilience, and training high-quality human resources.

 Prime Minister Chinh and Airbus CCO Christian Scherer. 

Enhancing Vietnam’s role in global supply chains

During the prime minister’s visit to France, Chinh held several meetings with major French and European corporations.

At the meeting with Ammar Kanaan, General Director of MSC – the world’s second-largest container shipping company, Chinh suggested MSC further invest in Vietnam’s seaport system in the next five-year period and turn the country into one of the key regional cargo transit hubs.

Kanaan expressed his interest in setting up an international transit port at Can Gio, Ho Chi Minh City, saying the presence of such a port would strengthen Vietnam’s role in the global supply chains by saving time and costs for exporting products from Vietnam to Europe and the US.

In a meeting with CCO and Head of International at Airbus Christian Scherer, Chinh welcomed the strong cooperation between Airbus and Vietnamese airlines in recent years.

Chinh noted Vietnam would continue to promote hi-tech, digital technologies, and the aerospace industry.

The prime minister requested Airbus to support Vietnam in enhancing high-quality human resources and legal framework improvements.

According to Chinh, Airbus should pay more attention to supporting airlines from developing countries, including Vietnam.

On this occasion, Airbus has reached a strategic partnership with Vietnam’s budget carrier Vietjet in providing 119 aircraft and other services in the post-pandemic period.

Chinh and his entourage returned to Hanoi in the afternoon of November 6, ending successful trips to the UK and France from October 31 to November 5 under the invitation of UK Prime Minister Boris Johnson and French Prime Minister Jean Castex.

Upon arriving at Noi Bai Airport, the delegation handed over to the Ministry of Health medical equipment and materials worth US$5 million donated by Vietnamese overseas and agencies in France and the UK.

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