Vietnam wants foreign investors’ presence in SOE equitisation: PM

Hanoi (VNA) – Vietnam is stepping up the equitisation of State-owned enterprises (SOE) and wants foreign investors to pay attention to this area, Prime Minister Nguyen Xuan Phuc said on September 14.

He made the remark at a reception for foreign investors to an annual meeting of global investors. He valued their selection of Vietnam as the venue for the meeting as well as their attention to the country.

PM Phuc affirmed that the Vietnamese Government is making efforts to continue keeping macro-economy stable and inflation under control, accelerating growth rate, boosting the private sector’s development, developing regulations, building infrastructure, and preventing climate change.

Over the past years, Vietnam has continually maintained high economic growth and is determined to attain a fast economic growth rate in 2017. It is also resolved to strongly attract FDI and realise social welfare targets such as poverty elimination and the UN Sustainable Development Goals. The country is exerting every effort to address shortcomings so as to develop its economy sustainably.

The Vietnamese Government pledges to create the best possible conditions for both domestic and foreign businesses. It considers foreign investors’ successes as its own, he stressed.

He voiced his hope that investors will work closely with Vietnam to improve the investment climate and do business successfully. He and leaders of ministries and sectors in Vietnam are ready to listen to opinions and reply to all questions of foreign investors.

On behalf of the foreign investors, Standard Chartered CEO for Vietnam Nirukt Sapru said they include many investors representing world leading groups that are greatly interested in the Vietnamese market. They agreed to choose Hanoi as the venue for the annual meeting, which also demonstrates the Vietnamese Government’s success in developing the economy and ensuring achievements for Vietnamese people.

The investors assess the country as a dynamic market with much development potential, he said, adding that the meeting is also an occasion for them to learn more about Vietnam’s economic development orientations.

Nirukt Sapru lauded the Vietnamese Government’s efforts in improving the business environment and FDI attraction, noting that he hopes it will further support foreign investors who are doing business in the country.

He also expressed his belief that international investors, especially those from Europe and the US, will increase learning about and investing in Vietnam.-VNA