The Hanoi authorities will create the most favourable conditions for investors to do business in the city, contributing to making Hanoi a city of peace, friendship and dynamic development.

Addressing a meeting held by the European businesses community in Hanoi on Sept. 9, Chairman of the Hanoi People’s Committee Nguyen The Thao affirmed the authorities will unceasingly create a transparent investment climate and further carry out administrative reform.

He briefed the Hanoi socio-economic development master plan till 2020 and orientation to 2030, saying that the city will promote attraction of foreign investment with focus on high-tech, health, education.

For the European Union, the city calls for investment in fields of its strength such as development of high-quality services, financial-banking and trade centres, electronics, informatics industries, high-tech industrial and supporting industry zones, tourism and resort projects, education, health and environment, he added.

Hanoi is home to 2,100 foreign invested projects with a total registered capital of 19.9 billion USD. The projects mainly involve in real estate worth 8.1 billion USD, processing and manufacturing worth 1.6 billion USD, and entertainment worth 930 million USD.

The EU alone with 14 countries investing in Hanoi has 226 projects with registered capital of 1.5 billion USD. France is leading the bloc with 58 projects, followed by Germany with 35 projects and Denmark with 34 projects./.