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Vietnam Today

PM pledges to create optimal conditions for foreign investors

Released at: 19:28, 11/10/2019

PM pledges to create optimal conditions for foreign investors

Photo: VGP

PM Nguyen Xuan Phuc meets with foreign investors on October 11.

by Long Van

Prime Minister Nguyen Xuan Phuc received a group of foreign investors on October 11 in Hanoi.

The Prime Minister was quoted by the Vietnam News Agency as telling his guests that Vietnam will work to maintain macroeconomic stability and economic growth while creating optimal conditions for businesses investing in the country.

He greatly appreciates the results of investment activities by partners of VinaCapital, which has $3.3 billion worth of assets under its management.

He stressed that the country will spare no effort in addressing bottlenecks to facilitate business operations, noting that Vietnam jumped ten places in the latest Global Competitiveness report from the World Economic Forum - the biggest rise in this year’s rankings.

The Prime Minister added that Vietnam wants to attract quality investment and investment in energy development to meet the huge demand created by economic development.

He expressed a hope that foreign investors will bolster investment in fields and projects where Vietnam has great demand, such as infrastructure and energy.

The State-run news agency reported that the foreign investors spoke with the Prime Minister about the potential in key sectors in Vietnam, including liquefied natural gas (LNG) projects, and voiced their wish to cooperate with the country in this sector and their hope of receiving support from the government, thus contributing to economic development.

The investors also said they wanted to invest in Vietnam via the country’s stock market and the purchase of corporate stocks.

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