Vietnam creates optimal conditions for foreign investors: PM Phuc

Vietnam will work to maintain macro-economy’s stability and economic growth, while creating optimal conditions for businesses investing in the country, Prime Minister Nguyen Xuan Phuc has pledged.

Prime Minister Nguyen Xuan Phuc (centre) poses for a group photo with foreign investors (Photo: VNA)
Prime Minister Nguyen Xuan Phuc (centre) poses for a group photo with foreign investors (Photo: VNA)
He made the vow while receiving a delegation of foreign businesses who have invested in the country in Hanoi on October 11.
The PM highly valued the results of investment activities of partners of VinaCapital, which has US$3.3 billion worth of assets under its management.
He stressed that the country will spare no efforts to address bottlenecks to facilitate firms’ operation, noting Vietnam jumped ten places in the latest Global Competitiveness report of the World Economic Forum, marking the strongest rise in this year’s global ranking.
The PM added that Vietnam wants to attract quality investment and investment in energy development to meet the huge demand of its economic development.
He expressed his hope that foreign investors will bolster investment in fields and projects which Vietnam has great demand for, such as infrastructure and energy.
At the meeting, foreign investors discussed with the PM the potential of key sectors in Vietnam, including liquefied natural gas (LNG) projects, and voiced their wish to cooperate with Vietnam in this sector and receive support of the government, thus contributing to the country’s economic development.
The investors also said they wanted to invest in Vietnam via the country’s stock market and purchase of corporate stocks.

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