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VN pledges favorable business climate for investors: Deputy PM

VGP – Deputy PM Trinh Dinh Dung has affirmed that the Vietnamese Government will implement policies to stabilize the macroeconomy, control inflation, accelerate the growth rate, develop the private economic sector, finalize institutions and build an equal and favorable business environment for investors.

January 17, 2018 11:31 AM GMT+7

Photo: VGP

The Deputy PM made the remarks while hosting a reception for Lord James Mayer Sassoon, Executive Director of Jardine Matheson Holdings Limited (UK) in Ha Noi on January 17.

Dung stated that the Viet Nam-UK strategic partnership has been growing actively over the past few years, especially in the fields of trade, investment and tourism.

The UK is currently the second largest European investor in Viet Nam (after the Netherlands) with 267 projects totally worth US$3.75 billion, and also the third largest European trade partner of the country (after Germany and the Netherlands). Especially, two-way trade between Viet Nam and the UK has grown rapidly over recent times, reaching US$5.7 billion in 2017.

The deputy PM requested enterprises currently investing in the respective country to serve as an important bridge connecting Vietnamese and UK businesses and further promoting the strategic partnership in an active and substantive manner, thus bringing benefits to both sides.

For his part, Lord Sassoon said that he was impressed by the significant socio-economic development results achieved by Viet Nam in 2017, which have brought about opportunities for foreign investors such as Jardine Matheson Holdings.

The guest also spoke highly of the policy-making efforts undertaken by Viet Nam to improve the investment environment, affirming that these policies, together with the Vietnamese Government’s strong action commitments to facilitate business production, have enabled foreign investors to expand long-term investments in Viet Nam.

By Vien Nhu