Prime Minister Nguyen Xuan Phuc chaired a roundtable talk withCEOsof leading Chinese business in Nanning, Guangxi, on Sunday. This was part of his visit to China to attend the 13th China-ASEAN Expo (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS).
At the talk, representatives of Guangxi authorities said the province is keen on developing economic and trade cooperation with Vietnam and considers Vietnam an important venue for its investment projects, particularly in infrastructure construction, and cooperation in technology, finance, border trade, tourism, education, and sports for mutual benefits.
Speaking at the event, Prime Minister Phuc pledged favorable conditions for foreign investors: “We have been working to build an open and transparent environment for both Vietnamese and foreignersbusinesses, considering investors’ successes as ours. Ourcleardirection is to build a facilitating, incorruptible government who acts aggressively and serves the people andbusinesses. Efforts should be made to fine-tune institutions, speed up administrative reforms to improve competitiveness. Now it takes less than five days, or only one day to get a permission in Vietnam. We will work to removedifficultiesfor enterprises, developbusinesses, and boost start-ups.
Mr. Phuc said Vietnam has engaged in 12 free trade agreements and is negotiating other 4deals, enabling Chinese investors to access vast markets. He madeclearVietnam’s refusal of backward technology for environmental protection. He praised Chinese investors’ technological capacity, saying that Vietnam hopes to receive such advanced technologies.
Source: VOV
Key words: Prime Minister, pledges favourable conditions, for investors.
