A delegation of 22 Swiss businesses headed by Baumgartner from Credit Suisse AG, one of the world’s leading banking and financial service providers, met with the Hanoi People’s Committee on October 18 with the aim to seek out investment opportunities in the capital city.

The businesses mainly operate in finance, banking, import-export, investment management, tourism, industrial production and real estate.

Nguyen Huy Tuong, Vice Chairman of the Hanoi People’s Committee, briefed the guests on the city’s potentials and strengths after it was expanded in 2008, saying the city’s investment policies have reaped positive outcomes.

According to the municipal leader, Hanoi encourages investors in banking, finance, tourism, clean technology and brain-intensive industries.

The aforementioned areas are of Switzerland ’s strengths, he said, stressing that Hanoi will create favourable conditions for Swiss business to invest in the city.

During the meeting, the Swiss businesses said they are impressed by the rapid development of Hanoi and the capital’s 1,000 year-old culture.

Baumgartner said through the gathering, the Swiss businesses get useful information regarding investment and other areas of their interest./.