Vietnam always creates favourable conditions for foreign enterprises and investment funds to invest in Vietnam, Deputy Prime Minister Vu Van Ninh said in a meeting with President of Harbinger Capital Philip Falcone on October 17 in Hanoi.

The Deputy PM stressed Vietnamese State agencies are promoting public administrative reforms with the aim of saving time and money for investors.

He added that the government also encourages projects in the form of Public-Private Partnership (PPP) to attract domestic and foreign private enterprises.

On his side, Philip Falcone thanked Deputy PM Ninh for receiving him, saying that Harbinger Capital has pumped more capital in its Grand Ho Tram Strip project on building five resorts in the southern province of Ba Ria- Vung Tau.

He also expressed his wish to expand investment in Vietnam in the coming time.-VNA