11 July 2017

Prime Minister Nguyen Xuan Phuc meets with Dutch investors

Prime Minister Nguyen Xuan Phuc meets with some Dutch businesses (Photo: VNA)


Hanoi (VNA)
– The Vietnamese Government will create the most
possible conditions for investors from the Netherlands to do business in Vietnam,
said Prime Minister Nguyen Xuan Phuc.

PM Phuc made the statement at a meeting with Dutch enterprises and investors,
which are seeking investment opportunities in Vietnam, in The Hague on July 10 as part of activities in his
official visit to the Netherlands.

The Vietnamese government leader briefed participants on key development
indexes and main characteristics of the national economy – which has a total
export value of 400 billion USD and a GDP worth about 160 billion USD.

PM Phuc affirmed that Vietnam will facilitate the development of private
investment funds, adding that the Netherlands is a strategic partner of Vietnam
in dealing with climate change.


The
Vietnamese Government also pays attention to protecting legitimate rights and
interest of foreign investors in the country, he noted.

According to the PM, thanks to efforts to better its legal system of foreign
investment, Vietnam attracted 23,600 foreign direct investment (FDI) projects
worth over 320 billion USD.

Vietnam signed 12 free trade agreements (FTA) with member countries of the G20, and is going to ink a FTA with the European Union, he
said.

Meanwhile, investors of the Netherlands stressed that Vietnam boasts great
potential for development and the Vietnamese Government’s policies and
priorities related to sustainable development are key factors helping promote the
country’s growth.

They fielded about Vietnam’s policies and orientations for developing key
fields of its economy such as energy, finance, small and medium-sized
enterprises, and investment fund.

They also shared their intention to invest or expand operation in Vietnam,
hoping to receive support from the PM, Government and relevant agencies.

Representatives from Vietnam’s ministries and sectors replied to questions
relating to policies to develop small- and medium-sized enterprises, renewable
energy, and orientations to promote science-technology development in response to
the 4th Industrial Revolution.

Previously, in late July 10, PM Phuc hosted a reception for Managing Director
of the World Economic Forum (WEF) Philipp Roesler, during which he asked the
WEF to support Vietnam in effectively implementing FTAs, accelerating administrative
reform, improving competiveness, developing IT infrastructure and training human
resources.

He also called on the forum to coordinate with Vietnam in organising the WEF
ASEAN 201 in the country.

For his part, Philipp Roesler agreed to work with Vietnam in implementing cooperative
agreements signed between the two sides and in preparing for the conference.

He also pledged to continue sharing experience with Vietnam and help the
country promote its economy, fine-tune national competitiveness and boost
international integration.

The WEF executive invited Prime Minister Nguyen Xuan Phuc to attend an annual
WEF meeting in Davos, Switzerland, in January 2018. – VNA



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