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PM calls for investment in energy and infrastructure development

VGP - Prime Minister Nguyen Xuan Phuc received a delegation of foreign businesses in Ha Noi on October 11, during which he called on investment in energy and infrastructure development.

October 11, 2019 5:39 PM GMT+7

 Prime Minister Nguyen Xuan Phuc  receives foreign businesses, Ha Noi, October 11, 2019. Photo: VGP

At the reception, foreign investors highlighted the potential of key sectors in Viet Nam, including liquefied natural gas (LNG) projects, and voiced their wish to cooperate with Viet Nam 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 Viet Nam via the country’s stock market and purchase of corporate stocks.

In turn, Prime Minister Nguyen Xuan Phuc pledged Viet Nam will work to maintainmacro-economy's stability and economic growth, while creating optimal conditions for businesses investing in the country.

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.

Mr. Phuc stressed that the country will spare no efforts to address bottlenecks to facilitate firms’ operation, noting Viet Nam jumped ten places in the latest Global Competitiveness Report released by the World Economic Forum, marking the strongest rise in this year’s global ranking.

The PM expressed his hope that foreign investors will bolster investment in fields and projects which Viet Nam has great demand for, such as infrastructure and energy.

He added that Viet Nam wants to attract quality investment and investment in energy development to meet the huge demand of its economic development.

By Vien Nhu