PM meets Chairman of Hong Kong Trade Development Council

At a reception, PM Nguyen Xuan Phuc affirmed that Viet Nam will create the best possible conditions for foreign enterprises, including those from Hong Kong (China), to invest in the country, particularly in the field of infrastructure.

(Photo: VGP News)

He explained that Viet Nam needs smart infrastructure to meet requirements of socio-economic development, adding that infrastructure, covering railways, roads, aviation and waterways, requires huge investment. Viet Nam is accelerating the reform of investment climate and actively integrating into the world’s economy, Phuc noted.

Citing the World Bank’s ratings on the business environment in 2016 in which Viet Nam climbed nine spots, he said the country has to date attracted 23,000 FDI projects valued at over US$300 billion.

Viet Nam has set up trade ties with 224 countries and territories worldwide, including Hong Kong - a dynamic economy with financial strength, the PM stressed.

In turn, Chairman of the Hong Kong Trade Development Council Luo Kangrui said his visit aims to seek investment opportunities in Viet Nam with a focus on infrastructure. Through working sessions with Vietnamese ministries and agencies, the delegation received many proposals for cooperation such as the north-south expressway project. Hong Kong businesses wish to participate in the Vietnamese market – a promising market, the chairman said.