Vietnamese PM receives US business leaders in New York | Economy

Hanoi, May 16 (VNA) — Prime Minister Pham Minh Chinh received leaders of the Warburg Pincus Fund and Glenfarne Group in New York on May 15, as part of his working visit to the United States and the United Nations. .

Prime Minister Pham Minh Chinh receives Brendan Duval, CEO of Glenfarne Group. Photo: VNA

During his meeting with the CEO of fonds Warburg PincusCharles Kaye, Prime Minister Chinh noted that in the future, it is necessary to improve the efficiency of financing and focus on key areas that can boost other areas.

He pointed out that Vietnam is investing efforts in the development of strategic infrastructure, including digital and transport infrastructure, digital transformation, combating climate change, capital market and digital transition, calling on the Fund to promote sources of investment in Vietnam in these areas.

Clarifying issues of concern to Warburg Pincus such as the ability of Vietnamese enterprises to cooperate, macro-economic stability, infrastructure and logistics, the Prime Minister affirmed that the Vietnamese government is ready to engage with enterprises in order to respond to their questions and help them operate successfully in the country, which shows mutual trust, sincerity, sense of responsibility and win-win cooperation.

He also asked companies, including Warburg Pincus, to fully implement their commitments and directly liaise with relevant ministries and sectors in Vietnam to promote investment.

Charles Kaye praised Vietnam for its success in overcoming the COVID-19 pandemic over the past two years, noting that his Fund plans to increase investment in Vietnam and help the country develop strongly in the future.

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Receiving Brendan Duval, CEO of Glenfarne group, Prime Minister Pham Minh Chinh welcomed the group’s interest in Vietnam’s energy transition, and said Vietnam is about to release the VIII electricity development plan, which includes adjustments in planning the development of LNG power plants along the road of the country’s coastal provinces. He hopes the group will invest in clean energy in Vietnam.

Brendan Duval, for his part, said that the group operates modern and flexible LNG plants around the world, and that in the long term, he hopes to contribute to the energy transition in Vietnam.- VNA

Nguyen Thi Van Ha source

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