VN ‘open’ for US, Canada business
(10-05-2007)
HA NOI — The Government will create favourable conditions to help US and Canadian businesses invest in Viet Nam, Prime Minister Nguyen Tan Dung said at a meeting with corporate officials in Ha Noi yesterday.
At the meeting, the Dung asked the corporations to work with ministries, industries, cities and provinces to explore investment opportunities.
Dung said Viet Nam’s Government had always encouraged US and Canadian businesses and investors to come to Viet Nam to study, co-operate, and invest long term in the country. He also encouraged them to invest in the Hoa Lac hi-tech zone.
Dung said he was pleased with the developing relations between Viet Nam, the US and Canada.
Bilateral trade between Viet Nam and the US and Canada reached more than US$11 billion last year. US and Canadian businesses have invested more than $1 billion in Viet Nam.
Dung told US and Canadian businesses and investors "Viet Nam is a nation with a market-oriented economy". "With stable politics, Viet Nam has signed bilateral co-operation agreements with many countries in the world. The country has become a destination for many international investors in high technology, finance, and tourism," he said.
The PM was told that the corporations will study investment opportunities in telecommunications, roads and bridge building, hotels, resorts, financial services and on-line games. They said they also wanted to invest in the Hoa Lac hi-tech zone.
These corporations said they intended to invest about $2 billion in Viet Nam. — VNS
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