Party chief urges Chinese firms to bring advanced technology to Vietnam

Saturday, 2017-01-14 16:59:55
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General Secretary Nguyen Phu Trong and Zhao Hongjing, Chairman of Huaxia Group
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NDO/VNA—General Secretary Nguyen Phu Trong has urged Chinese enterprises to further expand their investment in Vietnam, using modern and environmentally friendly technologies, for sustainable development.

The Vietnamese Party chief made the call at a meeting on January 14 with representatives from a number of big Chinese firms currently operating in Vietnam, including the Huaxia Group, China Construction Bank, the Sunshine Kaidi New Energy Group Co., Ltd., and the China Orient Asset Management Corporation.

Vietnam needs resources and capital as well as management experience during its industrialisation, modernisation and integration process, the Party leader said, asking Chinese investors to use local workers to help Vietnam train high-quality human resources.

He praised the companies for their strong development not only in China but also in international markets, affirming that Vietnam is willing to create the best possible conditions in which for foreign investors, including those from China, to do business in the country.

Zhao Hongjing, Chairman of the Huaxia Group, said his firm always gives priority to investment in high-tech fields in the form of public-private partnerships.

The group, which specialises in construction, industry and urban development, is investing in industrial city projects in the southern province of Dong Nai and Hanoi.

Meanwhile, Chairman of the China Construction Bank Wang Hongzhang said the bank wants to expand services at its office in Vietnam’s Ho Chi Minh City in order to make more contributions to Vietnam’s economic development, as well as trade and investment links between Vietnam and China.

He hoped Vietnam will facilitate the operations of businesses and investors in the country.