The statement was delivered by Michael Chai, Chairman of the LegalCommittee under the Kuala Lumpur Chinese Chamber of Commerce andIndustry (KLCCCI) at a seminar on investment promotion that took placein the Malaysian capital city of Kuala Lumpur on October 21.
The event, co-organised by the Vietnamese Embassy, the KLCCCI andthe Hong Kong and Shanghai Banking Corporation (HSBC) , drewrepresentatives of Vietnamese relevant ministries along with 450representatives from Malaysian agencies, economic organisations andbusinesses.
The seminar aims to help Malaysianagencies and businesses understand more about Vietnam ’s policies,thus seeking out investment opportunities in the country.
Malaysian investors considered Vietnam an attractive investment destination after China .
Addressing the event, Le Thi Hoang Cuc, Vietnamese Embassy’s chargéd'affaires , expressed her belief that the seminar would provideparticipants with useful information regarding investment and businessin Vietnam , contributing to boosting trade and investmentcooperation between the two countries.
Nguyen BaCuong, Head of the Investment Promotion under the Foreign InvestmentAgency of the Ministry of Planning and Investment, said that areasregarding manufacturing of new materials, renewable energy and high-techproducts; and the development of bio-technology, information andtechnology, agriculture-fishery, labour-intensive industries andinfrastructure are in need of investment in Vietnam .
Education and health care are also included in the top priorities asVietnam has many large-scale hospitals but lacks modern facilities,he added./.