Government leader hosts Asia-Pacific investors

Prime Minister Nguyen Xuan Phuc held a meeting in Hanoi on November 8 with investors in the Asia-Pacific region, including those from Japan, the US, New Zealand, Hong Kong (China), Singapore and Thailand.

PM Nguyen Xuan Phuc meets with investors in the Asia-Pacific region. (Credit: VGP)
PM Nguyen Xuan Phuc meets with investors in the Asia-Pacific region. (Credit: VGP)

The investors spoke highly of Vietnam’s socio-economic development, which was reflected through its improved placements concerning the business environment rankings of the World Economic Forum (WEF) and the World Bank (WB), and promised to invest in Vietnam in the form of direct investment and share purchase.

They cared about Vietnam’s non-tariff measures, stressing that there remain a lot of procedures and shortcomings which need to be improved.

The investors proposed that the Vietnamese Government should develop clean energy and facilitate cooperation in tourism development as Vietnam becomes more attractive in the eyes of international friends.

In the context of the fourth industrial revolution, Vietnam should develop a digital economy and foster innovation by paying due attention to young people and entrepreneurs who are a promising force for the Vietnamese economy in the future, they suggested.

Acknowledging the proposals, PM Phuc affirmed that he will continue working to build a constructive and action-oriented government to serve the people and enterprises.

For the ideas that can be tackled immediately, he promised to assign relevant agencies to soon solve them such as removing unnecessary procedures to facilitate import-export activities, promoting Vietnamese goods abroad, and carrying out measures to attract more foreign visitors.