By Thai Ha
Wed, February 4, 2026 | 1:46 pm GMT+7
European companies are increasingly seeking to expand their investments in Vietnam, with interests spanning finance, textiles, climate change mitigation, emissions reduction, pharmaceuticals, biotechnology, semiconductors, data infrastructure, and AI. Company executives, including representatives from Sweden, made these remarks during a meeting with Prime Minister Pham Minh Chinh in Hanoi on Tuesday, expressing their view of Vietnam as an attractive investment destination and their commitment to long-term cooperation strategies.
The executives urged the Vietnamese government to continue fostering a supportive environment for European firms through open, stable policies and incentive-based frameworks. They emphasized the need for streamlined administrative procedures and the development of supportive ecosystems to enhance investment efficiency. Philipp Rösler, former German Vice Chancellor and current chairman of the Swiss-Vietnam Economic Forum, commended Vietnam’s development strategy, which includes aspirations to establish an international financial center and achieve double-digit economic growth in the coming years. He indicated that businesses are ready to collaborate and assist Vietnam in achieving these objectives.
In response, Prime Minister Chinh reaffirmed Vietnam’s commitment to enhancing the business environment, ensuring political stability, accelerating digitalization, reducing red tape, and improving labor productivity. He highlighted the government’s dedication to safeguarding the legitimate rights and interests of investors. Chinh outlined key priorities for Vietnam, particularly in clean energy development, including wind, solar, and nuclear power, along with sustainable agriculture initiatives such as a one-million-hectare low-emissions, high-quality rice program in the Mekong Delta.
Additionally, Vietnam is working on establishing a carbon market and promoting green transport through the increased adoption of electric vehicles. The Prime Minister emphasized incentives to develop the country’s semiconductor industry, noting that chip manufacturing facilities are already under construction, with an ambitious goal of training between 50,000 and 100,000 semiconductor engineers by 2030. Vietnam is also advancing the development of national and sectoral databases to support AI applications.
Chinh pointed out Vietnam’s potential and preferential policies in various sectors, including pharmaceuticals, biotechnology, ecological agriculture, and the development of modern rural areas. He detailed plans to create an international financial center, free trade hubs, and cross-border economic cooperation zones. The Prime Minister urged Swiss and European companies to enhance both direct and indirect investment, transfer technology, train human resources, share management expertise, and invest in research and development while facilitating Vietnamese firms’ participation in global value and supply chains.
The Prime Minister called on European businesses to support Vietnam in its efforts to establish an international financial center, encouraging remaining European Union member states to ratify the EU-Vietnam Investment Protection Agreement (EVIPA) and advocating for the European Commission to lift its “yellow card” warning on Vietnam’s seafood exports. Vietnam, he stated, welcomes increased cooperation in green and digital transformation, renewable energy, the marine economy, green finance, sustainable finance, and tourism, aligning these efforts with its broader objectives for long-term, sustainable development in accordance with international ESG standards.
See also
Finance Ministry Alerts Public to Fake AI Video Featuring Adviser Salehuddin Ahmed
Bajaj Finance Launches 200K AI-Generated Ads with Bollywood Celebrities’ Digital Rights
Traders Seek Credit Protection as Oracle’s Bond Derivatives Costs Double Since September
BiyaPay Reveals Strategic Upgrade to Enhance Digital Finance Platform for Global Users
MVGX Tech Launches AI-Powered Green Supply Chain Finance System at SFF 2025
