28.4 C
Ho Chi Minh City
Thursday, June 20, 2024

PM urges Chinese firms to expand investment in Vietnam

The Saigon Times

Must read

HCMC – Prime Minister Pham Minh Chinh has called for increased Chinese investment in Vietnam, highlighting the ample opportunities for strengthening economic cooperation between the two countries.

Speaking at the Vietnam-China Trade and Investment Cooperation Forum in Beijing yesterday, June 28, the last day of his four-day visit to China, Chinh called on Chinese investors to participate in Vietnam’s strategic infrastructure projects, such as railways and expressways, particularly through private-public partnership.

He highlighted the potential for Chinese investors to expand their business and enhance product quality through these endeavors.

The prime minister emphasized Vietnam’s selective approach to attracting foreign direct investment, focusing on the effectiveness, quality, technology, and sustainability of projects.

The country has prioritized high-tech, innovative projects, especially those promote research and development activities and support the participation of Vietnamese businesses in global supply chains, he added.

The prime minister assured that Vietnam is committed to creating a favorable business environment, striving for improved transparency and global competitiveness.

In addition, PM Chinh met with representatives from leading Chinese businesses, including Texhong Textile Group Ltd., Jiangsu Runergy New Energy Technology Co., Ltd., and China Energy Engineering Corporation Ltd.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles