Vietnam’s deeper integration with global economy to foster sustainable growth: Polish official

Vietnam’s deeper integration with the global economy as a result of many trade agreements will create momentum for long-term sustainable development, said Polish official Piotr Harasimowicz.

Harasimowicz, chief representative officer of the Polish Investment and Trade Agency in Ho Chi Minh City, was speaking Thursday at the first “Beyond Global Business Promotion and Connection” forum held in HCMC's Thu Duc city.

The Vietnam International Trade and Investment Development Club (VITD), main organizer, said it plans to make the forum an annual event.

Harasimowicz noted that Vietnam is not only located in a dynamic region, but is also a country with good logistical conditions for trade. Furthermore, while maintaining political stability, the country has integrated deeper into the global economy with a series of trade agreements.

These factors, along with Vietnam’s reputation as one of the most successful countries in handling the Covid-19 pandemic, has created a good opportunity for the country to attract greater investments and boost the economy, creating momentum for long-term and sustainable development, he added.

Tran Phu Lu, director of the HCMC Investment and Trade Promotion Center (ITPC), said that with its position as a special urban area, a major economic center and a focal point for international exchange and integration, HCMC was well placed to become a modern industrial service city, a leading economic hub with a digital economy, and a technology hub for the country.

This would give it a prominent position in Southeast Asia, Lu said.

The city was committed to continue promoting administrative reforms and constantly improving its investment environment, creating the most favorable conditions for business investors in the city, he added.

“I hope that through today's connecting event, businesses from other countries will have more opportunities to meet and connect to build trustworthy and mutually beneficial cooperative relationships,” Lu said.

Kelly Luong, president of Vietnam International Trade and Investment Development Club (VITD), said that the forum presented a completely new format.

“2023 marks the first year for this annual connection program. Our vision is to connect chambers of commerce from various countries operating in Vietnam with Vietnamese businesses. Our goal is to create conditions for promoting diverse and multidimensional trade between participating countries,” she said.