Europe-Asia Industry Cooperation Forum to take place in Hanoi today

The Vietnam's Association of Foreign Invested Enterprises (VAFIE), in association with F&H International Industry, will organize the Europe-Asia Industry Cooperation Forum in Hanoi today.

The forum aims to promote cooperation in high-tech industries between European, Chinese, and Vietnamese enterprises, focusing on green production, digital transformation, technology transfer, and industrial investment linkages.

"It will serve as a platform to share experiences and solutions in green production, digital transformation, technology transfer, and investment cooperation in key industrial sectors," said Dr. Nguyen Anh Tuan, chairman of VAFIE - the parent entity of The Investor.

Nearly 300 enterprises and investors from Europe, China, and Vietnam are expected to join the event, which will last from 9 a.m to 5 p.m. at Sheraton Hanoi, 11 Xuan Dieu street.

The forum includes three sessions: Vietnam's investment environment, technology innovation, and investment opportunities in industrial parks, along with thematic seminars.

The first session will provide an overview of Vietnam’s investment environment and opportunities for industrial development cooperation.

The second will focus on sharing experiences in innovation and technology transfer in selected industrial sectors, while the third will assess the potential and investment opportunities in Vietnam’s industrial parks.

There will also be several thematic seminars on advanced technology sectors in the afternoon.

Jian You, CEO of F&H International Industry, said he expects the forum will not only be a place for discussion, but a launchpad for real cooperation and long-term partnerships.

"We chose Vietnam as the location of this forum because we deeply believe in its future: a future of industrial innovation, green growth, and global integration," he stressed.

F&H International Industry involves in connecting ideas, people, and technologies between Europe and Asia, across sectors like automotive, advanced manufacturing, semiconductors, and green technologies.

After 40 years of innovation, Vietnam has transformed from a war-torn economy into a middle-income developing country, striving to become an upper-income nation by 2030 and a developed industrial country by 2045.

To achieve these goals, the country has set a GDP growth target of over 8% this year and double-digit growth in the coming years, along with strategic resolutions on science, technology, digital transformation, international integration, legal reform, and private sector development.

Major infrastructure reforms are underway, including hundreds of billions of US dollars in national key projects like the North-South Expressway, Long Thanh International Airport, and high-speed railways.

Vietnam maintains a consistent policy of openness and active international integration. To date, over 150 countries and territories have invested over $513.8 billion in Vietnam, with disbursed capital reaching nearly $329.3 billion.

The FDI sector is crucial part of the economy, contributing around 20% of GDP, over 70% of exports, and 25% of total government revenue.