This proposal was made during his state visit to India, where he met with leaders of major Indian technology and oil corporations in New Delhi on the afternoon of July 31.

Rajesh Kumar Singh, Chairman of the National Industrial Corridor Development Corporation (NICDC) under India's Ministry of Commerce and Industry, introduced Prime Minister Chinh to the industrial corridors and their role in India's economic, social, industrial, and modernization development. This pioneering initiative aims to develop new industrial cities and smart cities, integrating next-generation technology, particularly in the semiconductor industry, revolutionizing production and industry to strengthen India's position in the global value chain.

India aims to develop a $1 trillion digital economy by 2026, with Dholera in Gujarat being the country's first semiconductor city.

Prime Minister Chinh praised the NICDC's operational model, scale, vision, and role in India's economic and social development, modernization, and industrialization. He highlighted the strategic infrastructure development model as something Vietnam could study and reference. Prime Minister Chinh urged Vietnamese ministries, agencies, and localities to closely coordinate with India's Ministry of Commerce and Industry and NICDC, potentially establishing a working group for future cooperation, research, and experience exchange.

Meeting with Shikhar Malhotra, Director of HCL Corporation, Prime Minister Chinh emphasized that digital transformation based on IT infrastructure is an inevitable trend. He urged Indian businesses to cooperate in technology transfer, focusing on IT products, high-quality human resource training related to chip production, digital transformation, knowledge economy, and circular economy.

Prime Minister Chinh suggested that Indian companies order tech products from Vietnamese corporations to serve the 1.4 billion people in India. He emphasized the need for competitive technology transfer pricing to benefit both sides.

HCL Corporation's Director affirmed that Vietnam is a strategic priority for their investments and that the corporation is ready to transfer advanced technologies.

Viettel Chairman and CEO Tao Duc Thang proposed three areas of cooperation with Indian businesses: R&D for telecom infrastructure equipment like 5G, semiconductor chip design for both civilian and military purposes, and software development. Thang urged HCL Corporation to consider reasonable pricing to bring tech products to the global market.

Later that afternoon, Prime Minister Chinh met with Arun Kumar Singh, Chairman of the National Oil and Gas Corporation (ONGC).

Addressing resource depletion and population aging, Prime Minister Chinh highlighted these as significant global challenges, also relevant to Vietnam if solutions are not found. He urged ONGC to sign a long-term research agreement with Vietnam Oil and Gas Group.

Highlighting energy cooperation as a key pillar of bilateral relations, Prime Minister Chinh welcomed Indian enterprises to Vietnam for energy research, exploration, and processing, opening new horizons for cooperation.

Prime Minister Chinh emphasized the need for more decisive, bold, and specific actions to achieve better results in the coming period.

Thu Hang