Hanoi will express its determination to take the lead in post-COVID-19 economic recovery and development via the conference (Illustrative photo: VNA) Hanoi (VNA) - More than 1,000 domestic andforeign investors and businesses are to attend the “Hanoi 2020 - Investment andDevelopment Cooperation” conference, the city’s People’s Committee announced onJune 26.
The capital has created optimal conditions for theevent, slated for June 27 at the National Convention Centre (NCC), thecommittee said.
Hanoi will express its determination to take the lead in post-COVID-19 economicrecovery and development via the conference, which is expected to welcome 1,850delegates and leaders from 25 centrally-run cities and provinces, key economiczones in the north, ambassadors and representatives of diplomatic corps, and others.
According to the Hanoi Department of Planning andInvestment, the municipal People’s Committee plans to hand over licences to 116projects worth 339.67 trillion VND (14.7 billion USD) in total at theconference, including 266.23 trillion VND in additional capital.
They include 33 projects in housing and urbandevelopment, 19 office building projects, 12 tourism and service projects, 32industrial projects, and 12 socio-cultural projects.
Hanoi leaders will ink 36 memoranda of understanding wortha total of 26.08 billion USD, including 13 with foreign investors totalling 8.22billion USD.
The People’s Committee will also reveal a list of 282projects in eight fields calling for investment of 483.1 trillion VND,including industry, trade and services, infrastructure, and the environment.
Economic experts said the event will send a messagethat Vietnam, including Hanoi, is a safe and attractive destination forinvestors, highlighting its importance to not only the realisation of thisyear’s targets but also local development in the years to come./.
