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Viet Nam to Shift from Attracting Investment to Co-Creating Global Value

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Viet Nam to Shift from Attracting Investment to Co-Creating Global Value
Business

Business

Viet Nam to Shift from Attracting Investment to Co-Creating Global Value

2026-11-05 17:02 Last Updated At:17:36

HO CHI MINH CITY, Vietnam, Nov. 5, 2026 /PRNewswire/ -- In the restructuring of the global economy, Viet Nam is shifting its focus from attracting investment capital to collaborating on the development of technology, human resources, and value chains. The message of "investing together with Viet Nam", emphasized by Prime Minister Le Minh Hung at the Autumn Economic Forum 2026 (AEF 2026), reflects a strategic orientation toward strengthening Viet Nam's endogenous capabilities and its standing within global value chains.

Innovating cooperation to elevate economic standing

Taking place from October 26 to 29, 2026 in Ho Chi Minh City, the Autumn Economic Forum 2026 (AEF 2026), under the theme "Collaboration in a New Era", brings together over 1,800 delegates and 250 speakers from 60 countries and territories. Notably, the core activities on October 27 and 28, 2026, were co-branded by the Ho Chi Minh City People's Committee and the World Economic Forum (WEF). Featuring 22 discussion sessions, alongside a series of investment promotion activities, business networking opportunities, and technology demonstrations, the Forum focused on identifying new models of collaboration and fresh driving forces for economic growth.

Running alongside the main programme, a series of side events co-organised with partners broadened the scope of collaboration at AEF 2026. On October 26, 2026, GRECO 2026, the 18th APRSCP Annual Roundtable, Open Innovation Day 2026 (OID 2026) and the Viet Nam – India Future Technology Forum focused on green growth, the twin digital and green transition and technology cooperation, setting the stage for the main sessions. On October 29, 2026, business forums and investment promotion seminars with partners from the UK, China, the Nordic countries and Israel carried this momentum forward, bringing the opportunities identified at the Forum closer to businesses and concrete projects.

During the dialogue session themed "Positioning Viet Nam in the Global Future" on October 28, in a discussion with Mr. Stephan Mergenthaler, Managing Director of the WEF, Prime Minister Le Minh Hung emphasized the need to shift from "investing in Viet Nam" to "investing together with Viet Nam". In this spirit, international corporations should not merely bring in capital, but also collaborate with Vietnamese enterprises to conduct research and develop technology, train human resources, and establish new value chains.

He highlighted three major challenges facing the global economy: international institutions failing to keep pace with rapid changes, the inherent limitations of traditional growth models, and a decline in strategic trust. In this context, a nation's competitiveness depends not only on the size of its economy or its ability to attract capital, but also on its level of self-reliance, resilience, and capacity to generate new driving forces for growth.

Viet Nam possesses several advantages, including a strategic location in the Asia-Pacific region, a stable political and macroeconomic environment, a network of 18 free trade agreements, and a domestic market of over 100 million people. In the first nine months of 2026, the country's GDP grew by 9.01%; registered foreign direct investment (FDI) reached $50.36 billion, an increase of 76.4%; and the total import-export turnover hit $987 billion, up by more than 30%.

However, attracting new capital is merely a necessary condition. To elevate its position within the global value chain, Viet Nam must transform its market and production advantages into capabilities for mastering technology, developing suppliers, and generating higher added value. Consequently, Prime Minister Le Minh Hung urged international corporations to strengthen ties with Vietnamese enterprises, research institutes, and universities, fostering long-term partnerships rather than focusing solely on expanding their investments and production operations.

From cooperation commitment to tangible results

The new cooperation framework is aligned with a target of achieving an average annual GDP growth of 10% or higher for the 2026–2030 period, with the vision of transforming Viet Nam into an emerging hub for digital technology, energy, and green agricultural production in both the region and the world by 2035.

To realize this goal, Prime Minister Le Minh Hung proposed four key priorities: fostering research and innovation partnerships between international corporations and Vietnamese enterprises; developing a high-tech workforce; establishing controlled regulatory sandboxes for AI and new energy technologies; and mobilizing medium- and long-term capital for development. In this context, the international financial centers in Ho Chi Minh City and Da Nang City are intended to connect global capital with projects in infrastructure, energy, and the green transition.

Viet Nam has identified three key approaches to enhancing its role in international cooperation: strengthening internal capacity, proactively proposing initiatives, and acting as a bridge on the basis of mutual trust and shared benefit. During a meeting with Mr. Stephan Mergenthaler on the sidelines of the Forum, Prime Minister Le Minh Hung requested that the WEF facilitate stronger connections between global corporations, investment funds, and Vietnamese enterprises, while affirming Viet Nam's readiness to become a strategic partner of the WEF in the region.

Elaborating on this vision, Mr. Nguyen Van Duoc, Chairman of the Ho Chi Minh City People's Committee, emphasized the goal of transforming Ho Chi Minh City into a hub for new growth engines, anchored by an International Financial Center, a Free Trade Zone, and a science and technology ecosystem. During the Forum, Ho Chi Minh City announced the first 10 members of the Viet Nam International Financial Center in Ho Chi Minh City (VIFC-HCMC), unveiled 12 projects with a total investment of approximately $16.4 billion, and announced a Joint Statement outlining the cooperation framework between the Ho Chi Minh City People's Committee and the WEF. This Joint Statement aims to mobilize resources to support Ho Chi Minh City in achieving sustainable, double-digit growth, thereby contributing to the broader objective of expanding Viet Nam's economy to a trillion-dollar scale, with a focus on four key resource areas: technology, capital, foreign direct investment (FDI), research and development (R&D) and knowledge.

Given its combined strengths in finance, industry, high technology, and a deep-water port system, Ho Chi Minh City is well-positioned to connect international capital with strategic projects, while fostering partnerships between domestic enterprises and global corporations. This marks a transition from merely showcasing potential to establishing concrete hubs for collaboration and specific projects.

Emphasizing the need to make cooperation substantive, Prime Minister Le Minh Hung affirmed that commitments must be translated into concrete mechanisms, viable projects, and measurable outcomes. He added that the Vietnamese Government would designate focal points, establish implementation roadmaps, and assign responsibilities for addressing investors' proposals. The overarching spirit is a shift from coordination in implementation to strategic partnership, from seizing existing opportunities to creating new ones, and from sharing benefits to sharing responsibilities.

PR Newswire is the official media partner of Open Innovation Day 2026, which was co-organised within the framework of the Autumn Economic Forum 2026 by the Open Innovation and Technopreneur Institute (OITI); the National Academy for Advanced Technology and Innovation (NACENTECH) under the Ministry of Science and Technology of Viet Nam; Saigon Telecommunication & Technologies Corporation (SAIGONTEL); and the Viet Nam Centre for the Fourth Industrial Revolution in Ho Chi Minh City (HCMC C4IR), together with other co-organisers and partners.

Media Contact:
Nhung Nguyen – Communications Lead of AEF 2026
Email: ntnhung.c4ir@tphcm.gov.vn 

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Viet Nam to Shift from Attracting Investment to Co-Creating Global Value

Viet Nam to Shift from Attracting Investment to Co-Creating Global Value

Former Okta and SAP strategy leader brings AI, platform and M&A expertise to accelerate Cellebrite's growth

TYSONS CORNER, Va. and PETAH TIKVA, Israel, Nov. 5, 2026 /PRNewswire/ -- Cellebrite (Nasdaq: CLBT), a global leader in AI-powered Digital Investigative and Intelligence solutions for the public and private sectors, today announced the appointment of Rogerio Rizzi as executive vice president of Corporate Strategy and Development. An engineer by training, Rizzi joined Cellebrite from Okta, Inc., where he established the Corporate Strategy team and will now lead the build-out of Cellebrite's strategy and development capabilities.

Rizzi brings more than 20 years of experience at the intersection of technology and strategy, advising leaders on AI, technology and growth. At Okta, he ran the company's growth strategy for six years and charted its path to $3 billion in annual recurring revenue (ARR). As a close advisor to the leadership team, he developed the decision framework that aligned Okta's functions around that plan.

"Rogerio and I worked together at Okta, and I have seen firsthand how he develops a growth strategy and a decision framework that accelerates growth and moves a leadership team forward in alignment," said Shiv Ramji, CEO of Cellebrite. "He is bringing that same rigor, along with deep experience in AI, technology and M&A, to Cellebrite. We are charting an ambitious growth path together to better serve our customers."

Before Okta, Rizzi led Corporate Strategy at SAP SE, where he drove platform consolidation and set strategy for the company's cloud, platform and emerging technology businesses, including AI and machine learning. At Hewlett Packard Enterprise, he led corporate strategy as a vice president advising the CEO, Executive Committee and Board of Directors. Earlier, he spent 10 years as a partner at Monitor Group, a strategy consultancy, where he co-led the Chicago and São Paulo offices.

"I'm thrilled to join Cellebrite and help Shiv and the team lead with a targeted, bold strategy that amplifies our value to all key stakeholders and accelerates our growth," said Rizzi. "Cellebrite leads its space with real trust and credibility, and the demand is clear and growing everywhere." Rizzi also brings a personal view of the mission. "I grew up in Brazil, where safety on the streets is a serious concern. The fastest way I see to address those problems is through access to effective technology. The faster we deploy our solutions, the safer the world becomes."

Rizzi started college at 16 to study electrical engineering and worked on microchip design and neural networks in the 1990s. He holds an MBA from the Kellogg School of Management and a degree in electrical engineering from the University of São Paulo.

About Cellebrite
Cellebrite's (Nasdaq: CLBT) mission is to protect communities, nations and businesses as a global leader in digital investigative and intelligence solutions. More than 7,000 global law enforcement agencies, defense and intelligence organizations and enterprises trust Cellebrite's AI-powered software portfolio to make forensically sound digital data more accessible and actionable. Cellebrite technology allows customers to accelerate nearly 3 million legally sanctioned investigations annually, enhance sovereign security, elevate operational efficacy and efficiency, and enable advanced mobile research and application security. Available via cloud, on-premises and hybrid deployments, Cellebrite's technology enables its customers around the globe to advance their missions, elevate public safety and safeguard data privacy. To learn more, visit us at www.cellebrite.com and https://investors.cellebrite.com and find us on social media @Cellebrite.

Media
Jackie Labrecque
Director, PR and Executive Communications
jackie.labrecque@cellebrite.com
+1 771.241.7010

Investors Relations 
Andrew Kramer
Vice President, Investor Relations & Treasury
investors@cellebrite.com
+1 973.206.7760

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Cellebrite Appoints Rogerio Rizzi Executive Vice President of Corporate Strategy and Development

Cellebrite Appoints Rogerio Rizzi Executive Vice President of Corporate Strategy and Development

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