Aug 10, 2015 / 08:03
Vietnamese Government to create most favourable conditions for Malaysian investors
Vietnam always welcomes and will create the most favourable conditions for Malaysian investors and those from other ASEAN member states to do business in the country, Prime Minister Nguyen Tan Dung affirmed at the dialogue with members of the ASEAN Business Club (ABC) and Malaysian enterprises in Kuala Lumpur on August 8.
Addressing the event, PM Dung briefed participants on Vietnam’s economic situation, saying that the country is entering into a new development period with a stable macro-economy, strong growth and curbed inflation.
Vietnam’s GDP rose nearly 6% in 2014 and around 6.3% in the first two quarters of this year. The figure is forecast to reach 6.5% in 2015, he said.
The PM stressed that Vietnam is focusing on improving investment and business climate throughout promoting the economic restructuring in connection with renovating the growth model, in order to increase the competitiveness of the whole economy, enterprises and products.
At the event, PM Dung also introduced issues related to Vietnam’s policies and investment opportunities in the country with ASEAN businesses in general and Malaysian firms in particular.
According to PM Dung, Vietnam’s participation in the ASEAN Community formed at the end of this year and the signing and realisation of new generation free trade agreements (FTA) with high standards between Vietnam with the European Union and the Trans-Pacific Partnership agreement expected in 2015 will help make Vietnam’s business climate suitable to market principles and international standards in the future.
Important legal documents of Vietnam such as the revised Investment Law and Enterprise Law among others will contribute to creating favourable conditions for domestic and foreign investors’ operation, he added.
The PM also highlighted fruitful results in bilateral cooperation between Vietnam and Malaysia over the last four decades, saying that Malaysia is one of Vietnam ’s leading important partners in the fields of investment, trade and tourism.
The Vietnamese leader added that the signing of a Joint Statement on establishing the Strategic Partnership between Vietnam and Malaysia during his talk with Malaysian Prime Minister Najib Tun Rajak will create favorable chances for closer cooperation between the two countries’ businesses.
PM Nguyen Tan Dung makes a speech at the dialogue with members of the ASEAN Business Club
|
The PM stressed that Vietnam is focusing on improving investment and business climate throughout promoting the economic restructuring in connection with renovating the growth model, in order to increase the competitiveness of the whole economy, enterprises and products.
At the event, PM Dung also introduced issues related to Vietnam’s policies and investment opportunities in the country with ASEAN businesses in general and Malaysian firms in particular.
According to PM Dung, Vietnam’s participation in the ASEAN Community formed at the end of this year and the signing and realisation of new generation free trade agreements (FTA) with high standards between Vietnam with the European Union and the Trans-Pacific Partnership agreement expected in 2015 will help make Vietnam’s business climate suitable to market principles and international standards in the future.
Important legal documents of Vietnam such as the revised Investment Law and Enterprise Law among others will contribute to creating favourable conditions for domestic and foreign investors’ operation, he added.
The PM also highlighted fruitful results in bilateral cooperation between Vietnam and Malaysia over the last four decades, saying that Malaysia is one of Vietnam ’s leading important partners in the fields of investment, trade and tourism.
The Vietnamese leader added that the signing of a Joint Statement on establishing the Strategic Partnership between Vietnam and Malaysia during his talk with Malaysian Prime Minister Najib Tun Rajak will create favorable chances for closer cooperation between the two countries’ businesses.
Other News
- Hanoi plans for new markets
- Hanoi Shopping Festival 2024 promotes agricultural products and handicrafts
- Food safety measures required for Lunar New Year 2025
- Deep discounts at Hanoi Midnight Sale
- Hanoi controls fruit traders to ensure safety
- Vietnam, Hesse (Germany) promote high-tech cooperation
- Big discounts on offer at Hanoi's November Promotion Festival
- Hanoi unveils 150 most popular Vietnamese products and services for 2024
- Hanoi hosts the Vietnam Regional Specialties Fair 2024
- Hanoi strengthens export competitiveness and trade protection measures
Trending
-
Hanoi Forum explores innovative solutions for sustainable urban development
-
Vietnam news in brief - December 12
-
EVs take the spotlight on Vietnam's urban streets
-
Thay Pagoda: A timeless heritage on Hanoi's outskirts
-
Hanoi's pho declared national intangible heritage
-
Christmas in Vietnam: A blend of Western cheer and local charm
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hanoi economy sustains higher growth in 2024
-
Hanoi to lead national efforts to streamline political system