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Apr 27, 2016 / 17:21

Vietnam commits to create the best conditions for Goldman Sachs

Prime Minister Nguyen Xuan Phuc received Head of the Goldman Sachs’s Asia division Andrea Vella in Hanoi on April 26.

At the reception, Prime Minister (PM) Nguyen Xuan Phuc expressed his hope that as a leading investment bank, Goldman Sachs will share its experience with Vietnam, and be a partner with Vietnamese banks and firms, contributing to build the country into an attractive investment destination in the region. 
 
Prime Minister Nguyen Xuan Phuc (R) meets with Head of the Goldman Sachs’s Asia division Andrea Vella.
Prime Minister Nguyen Xuan Phuc (R) meets with Head of the Goldman Sachs’s Asia division Andrea Vella.
The PM hoped that Goldman Sachs will participate in the equitisation of domestic companies as well as in mergers and acquisitions, and affirming that Vietnam welcomes investors who come to learn about the market on the basis of respecting Vietnamese law and benefiting both sides. 
The Vietnamese leader noted that Vietnam needs long-term capital for infrastructure and encourages direct investment or public-private partnership in rural development and climate change adaptation.
PM Phuc committed to remain the national macro-economic stability and create the most favourable conditions for foreign investors in Vietnam, including Goldman Sachs.
For his part, Andrea Vella hailed Vietnam as an economic success symbol, saying that its political stability and continuous economic growth are drawing foreign investors.
Goldman Sachs is calling for investment and cooperation in Vietnam’s infrastructure development, Vella said. 
He also affirmed that the bank is interested in environmental protection and expects to assess the environmental impacts of infrastructure projects to ensure sustainable development and local livelihoods.