Prime Minister Nguyen Xuan Phuc lauded Siemens AG’s cooperation with Vietnam in various fields during his reception in Hanoi on May 24 for Joe Kaeser, President and CEO of the German group.

Prime Minister Nguyen Xuan Phuc (R) and Joe Kaeser, President and CEO of Siemens

The PM hoped Siemens increases comprehensively collaboration with Vietnam in service, production, investment as well as in areas that Vietnam obtains high export turnover, so Siemens’s initiatives in the fourth industrial revolution can be transferred strongly in Vietnam. 

He highlighted Vietnam’s advantages such as a gateway to the ASEAN market and the country’s engagement in 12 free trade agreements with major partners in the world, saying that Siemens AG can access a wide market through Vietnam.

For his part, Kaeser said he had several meetings with Vietnamese partners, during which the two sides discussed the possibility of transport infrastructure development like construction of airports and expressways.

Transport infrastructure development is the premise for industrialisation and modernisation, he added.

After a meeting with PM Phuc in Davos, Switzerland, early this year, Kaeser expressed his wish for continued cooperation in order to boost the fourth industrial revolution’s development in Vietnam.

He said Siemens is willing to assist personnel training and promote cooperation with Vietnam in such fields as energy and information technology.

VNA