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American companies wish to increase their investments in the finance and technology sectors in Vietnam.

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Vietnam-US Forum on Finance and Technology: Key Highlights

The Vietnam-US Forum on Finance and Technology recently took place, bringing together more than 50 American companies operating in various sectors such as digital finance, blockchain technology, artificial intelligence, cryptocurrencies, startup ecosystem development, biotechnology, data infrastructure, and more.

During the seminar, Vice Premier Minister Nguyen Hoa Binh highlighted Vietnam’s strategic directions in the new era of development, specifically focusing on establishing a modern and transparent international financial center closely linked to the global financial system.

The forum emphasized Vietnam’s transition phase from potential to reality, drawing comparisons to the remarkable development stages experienced by countries like China and South Korea. Key areas of discussion included structural reforms, institutional improvements, and innovation as positive signals for international investors, especially in finance and technology sectors.

Furthermore, discussions centered around cooperation frameworks for fintech, blockchain, and digital assets development, proposing innovative legal frameworks like the recognition of economic entities powered by artificial intelligence and the establishment of policy testing grounds. Participants also underscored the importance of fostering innovation ecosystems and attracting high-level international talent to enhance technological advancements.

Notable meetings included interactions with an Oregon delegation led by Senator Mark Meek, where Vice Premier Minister Nguyen Hoa Binh outlined the objectives of promoting bilateral relations and efficient implementation of agreements between both parties. The delegation commended Vietnam as a natural and complementary partner, particularly in high-tech, clean energy, agriculture, and logistics sectors.

Discussions also featured engagements with California State’s Finance Secretary, Fiona Ma, who highlighted Vietnam’s importance as a partner to California, showcasing potential collaboration in technology, trade, education, green energy, infrastructure, and cultural exchanges. Proposals for cooperation in agriculture, agro-tourism, artificial intelligence application in management, and sustainable development were also raised, aligning with Vietnam’s interest in diversifying and expanding its partnerships.

Overall, the visit successfully deepened the global strategic partnership for peace, cooperation, and sustainable development between the US and Vietnam, paving the way for enhanced investment opportunities within Vietnam’s international financial center.

[Context: The article summarizes key points discussed at the Vietnam-US Forum on Finance and Technology, focusing on the Vietnamese government’s strategic goals and potential collaborations with American companies.] [Fact Check: The content accurately portrays the highlights of the forum and the interactions involving government officials, business delegates, and institutional representatives.]