Prime Minister Nguyen Xuan Phuc (R) and Chairman of Japan’s Maruhan Corporation Han Chang-woo (Source: VNA) Hanoi (VNA) – Vietnam always createsfavourable conditions for foreign investors, including those with financialpotential and modern management strength from Japan and the Republic of Korea, todo business in the country, said Prime Minister Nguyen Xuan Phuc.
PM Phuc made the affirmation at a reception for Chairman of Japan’s Maruhan CorporationHan Chang-woo in Hanoi on April 1, during which he thanked Han for his effortsto promote Maruhan’s investment in Vietnam.
The Vietnamese leader congratulated Maruhan on its investment and business achievementsin many fields such as banking, insurance, construction, food production, and entertainmentservices, saying that Vietnam has devised a strategy on banking developmenttill 2025 with a vision to 2030, towards serving the country’s economicdevelopment.
He stressed that Vietnam attaches great importance to foreign investors andwishes to attract more foreign investment in the fields of Vietnam’s need, suchas finance, banking, infrastructure, high-tech agriculture, and innovation.
For his part, Han congratulated Vietnam on its socio-economicachievements in recent times, and the successful organisation of the second DPRK-USAsummit which, he said, helped increase Vietnam’s prestige on the internationalarena.
He expressed his belief that Vietnam’s economy will continue to develop withgreater strength in the future, adding that Maruhan wants to enhance investmentin Vietnam and contribute to the country’s development.
PM Phuc noted that Vietnam’s economy has recorded stable growth in recent timesand that this presents a good opportunity for investors as Vietnam is anattractive market for foreign firms, with some 40 billion USD worth of foreigninvestment poured into the country each year.
The total foreign investment in Vietnam in the first quarter of 2019 was 1.5times higher than that of the same period last year, he said.
Vietnam will develop faster on a larger scale, striving to reach higher economicgrowth with a stable macro-economy, thus creating a secure and attractiveinvestment environment for foreign investors, including Maruhan, PM Phuc said. –VNA
VNA
