Marukawa from Panasonic Vietnam said after 50 years in the Vietnamese market, the enterprise has been expanding investments by establishing an R&D and production center of IAQ (indoor air quality) equipment for the Asian market in Binh Duong; and establishing an R&D center for smart washing machines and refrigerators in Hung Yen.
Meanwhile, Rafael Frankel, Meta CEO Asia Pacific, said Meta is joining forces with MIC to seek more measures to support the national strategy on digital economy that promotes digital citizenship, digital government and digital society. He posited a future when Vietnam leads the region in green economy and technology and creates millions of new jobs.
Amid implementation of the Global Minimum Tax, the agreement under which investment incentives offered to foreign groups will be restricted to ensure that corporate income tax must be at least 15 percent, attracting high-quality FDI will face challenges as the government would have to weigh non-tax support measures for these groups.
Meanwhile, a high-quality workforce is still lacking to realize the plan to become a destination for projects with high levels of hi-tech content.
A representative of Bosch recommended that the government continue making efforts to improve vocational training. He said Bosch is ready to help prepare Vietnam’s labor force for opportunities in the 4.0 industrial and digital transformation era.