Thursday, August 17, 2017 - 4:46:27

Canadian businesses seek to invest in Vietnam

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The Vietnamese Government is willing to create favourable conditions for foreign investors, including those from Canada , to operate successfully in Vietnam , Deputy Prime Minister Vu Van Ninh has said.

The Deputy PM reiterated the statement during meetings with representatives from 30 leading Canadian businesses in Toronto on December 3 as part of his visit to Canada from December 2-4, which aimed to further forge all-around cooperation with the country.

He said in the framework of its open door and international economic integration policies, the Vietnamese Government always attaches importance to the legitimate benefit of foreign investors.

Ninh also briefed the enterprises on Vietnam ’s macroeconomic situation and reviewed the development of bilateral ties between the two countries.

Canadian participants said they are seeking to invest in several fields in Vietnam , such as oil and gas, transport infrastructure development, healthcare service, insurance, tourism and agriculture.

A number of Canadian enterprises affirmed that they will send delegations to Vietnam soon to deploy specific business projects.

At the meeting with President and Chief Executive Officer of the Toronto Centre Babak Abbaszadeh, Ninh stressed that the Vietnamese Government hopes to further develop cooperation with the centre in the future.

The two sides discussed feasible cooperation fields and pledged to work closely to build a specific partnership programme in the coming time.

Abbaszadeh underlined the important role played by the centre in consulting on financial management, while revealing its cooperation programme with many countries in the world, including Southeast Asian nations.

He said his centre appreciates Vietnam ’s position in regional financial markets, affirming that it is ready to establish international-funded projects to support Vietnam in enhancing its capacity in controlling the market and preventing and managing financial risks.

In the afternoon, the Deputy PM had meetings with several intellectuals and overseas Vietnamese businessmen living and working in Toronto .

Ninh praised contributions to the homeland made by the Vietnamese community in the city, saying that overseas Vietnamese are an indispensable part of the Vietnamese nation. He called on them to promote unity to further contribute to the country’s socio-economic development.-VNA
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