
Hanoi (VNA) - The capital city of Hanoi as of June 23 received 36proposals for memorandums of understanding (MoUs) for investment cooperation,which were estimated to be worth more than 26 billion USD in total.
The proposed MoUs are expected to be signed at the upcoming investmentpromotion conference themed “Hanoi 2020 – Investment Cooperation and Development”scheduled for June 27.
Among them, 23 proposals are from domestic companies and 13 from foreignenterprises and organisations.
At the conference, the capital city will call on investment for 116 projectswith a total capital of more than 339 trillion VND (14.6 billion USD). Theseprojects are mainly in urban housing, office buildings, tourism-services andindustry, technical infrastructure and finance and banking sector.
The conference expects to draw more than 1,200 domestic and foreign investorsand businesses.
Through the conference, Hanoi wishes to show the determination of becoming apioneer in post-COVID-19 economic recovery and development./.