Prime Minister meets with Indochina Capital CEO

Hanoi (VNA) – PM Nguyen Xuan Phuc told Indochina Capital CEO Peter Raymond Ryder at a reception in Hanoi on September 9 that he wishes the US group will continue to grow and attain business successes in Vietnam.

The PM said Vietnam’s macro-economy is improving, and his Government is committed to creating the best possible conditions for foreign investors to do business in the country.

He noted that real estate, especially resort property, is currently an important sphere for investment in Vietnam, as the country hopes to attract twice as many as the current number of foreign tourists in the next five years. Hence, demand for hotels and resorts will rise sharply, he said.

The PM also expressed the belief that the Trans-Pacific Partnership (TPP) agreement will provide the member countries, including Vietnam and the US, with success opportunities.

For his part, Ryder wished Vietnam prosperity in the time ahead, adding that the group will work to contribute to the country’s development.

Indochina Capital will expand investment and form joint ventures with other foreign enterprises to build more hotels in big Vietnamese cities, he noted.-VNA