On September 17, during the 22nd China-ASEAN Expo (CAEXPO) and the China-ASEAN Business and Investment Summit (CABIS) held in Nanning, China, a high-level Roundtable Dialogue took place between the Vietnamese government and CEOs of leading Chinese enterprises.

The theme of this year’s dialogue was: "Innovation promoting Vietnam-China cooperation, digital transformation as a driving force for shared success."

In his opening remarks, Deputy Prime Minister Mai Van Chinh emphasized that the Vietnamese Party and Government regard science and technology, innovation, and digital transformation as breakthrough drivers to help the country "catch up, move forward, and break through."

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Deputy Prime Minister Mai Van Chinh speaks at the conference. Photo: Ministry of Science and Technology

He highlighted important legal frameworks such as Resolution 57, the Law on Science, Technology and Innovation, and the Law on the Digital Technology Industry. These, he said, form a strong legal foundation for Vietnam’s next development phase and create a favorable environment for both domestic and international investors, including Chinese enterprises.

The Deputy Prime Minister reaffirmed Vietnam’s commitment to maintaining a transparent, open, and fair investment climate that aligns with international practices.

On the Chinese side, Ren Hongbin, Chairman of the China Council for the Promotion of International Trade, and Wei Tao, Chairman of the Guangxi Zhuang Autonomous Region, emphasized the importance of digital economic cooperation, infrastructure connectivity, and people-to-people exchanges. They said Chinese technology groups are eager to invest in Vietnam in areas like renewable energy, railway systems, AI, cloud computing, and the digital economy - all considered new engines of growth.

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Deputy Minister of Science and Technology Bui Hoang Phuong said Vietnam and China still have ample room for expanded cooperation. Photo: Ministry of Science and Technology

At the event, Deputy Minister of Science and Technology Bui Hoang Phuong reiterated that science, technology, innovation, and digital transformation are becoming vital forces of development, enhancing competitiveness not only for China but also for ASEAN and Vietnam.

In 2024, ASEAN emerged as the top destination for venture capital in digital technology, e-commerce, fintech, and smart logistics. Meanwhile, China now boasts more than 400 unicorn companies, asserting its global leadership in innovation.

The Deputy Minister also noted that beyond digital transformation and innovation, Vietnam and China have significant untapped potential for collaboration in areas such as energy, transportation infrastructure, information technology, and digital technologies. He affirmed that the Ministry of Science and Technology of Vietnam will continue to support Chinese and ASEAN businesses with favorable policies, infrastructure, and human resources, turning cooperation initiatives into real-world projects.

Du Lam