Prime Minister Nguyen Xuan Phuc meets with Dutch investors

Tuesday, 2017-07-11 22:31:00
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PM Nguyen Xuan Phuc (centre) meets with leading Dutch investors. (Photo: VGP)
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NDO/VNA – The Vietnamese Government will create the best possible conditions for investors from the Netherlands to conduct business in Vietnam, said Prime Minister Nguyen Xuan Phuc.

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PM Phuc made the statement at a meeting with Dutch enterprises and investors, which are seeking investment opportunities in Vietnam, in The Hague on July 10, as part of activities in his official visit to the Netherlands.

The Vietnamese government leader briefed the participants on key development indexes and the main characteristics of the national economy – which has a total export value of US$400 billion and a GDP worth approximately US$160 billion.

PM Phuc affirmed that Vietnam will facilitate the development of private investment funds, adding that the Netherlands is a strategic partner of Vietnam in dealing with climate change.

The Vietnamese Government also pays great attention to protecting the legitimate rights and interests of foreign investors in the country, he noted.

According to the PM, thanks to efforts in improving its legal system for foreign investment, Vietnam attracted 23,600 foreign direct investment (FDI) projects worth over US$320 billion.

Vietnam signed 12 free trade agreements (FTA) with member countries of the G20, and is going to sign a FTA with the European Union, he said.

Meanwhile, investors from the Netherlands stressed that Vietnam boasts great potential for development and the Vietnamese Government’s policies and priorities, related to sustainable development, are key factors in helping to promote the country’s growth.

They fielded questions regarding Vietnam’s policies and directions for developing key fields of its economy such as energy, finance, small and medium-sized enterprises, and investment funds.

They also shared their intention to invest or expand operations in Vietnam, hoping to receive support from the PM, Government and relevant agencies.

Representatives from Vietnam’s ministries and sectors replied to questions relating to policies on how to develop small- and medium-sized enterprises, renewable energy, and directions to promote science-technology development, in response to the 4th Industrial Revolution.