Prime Minister Nguyen Tan Dung on May 31 (local time) chaired a Viet Nam-Algeria business dialogue in Algiers, which gathered nearly 300 enterprises from both countries.
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Prime Minister Nguyen Tan Dung chairs a Viet Nam-Algeria business dialogue in Algiers. — Photo VGP |
Addressing the event, the PM stated that investment and trade cooperation potential between the two sides is abundant, expressing his belief that the dialogue will provide a chance to realise joint projects between the two countries in the coming time.
He said that Viet Nam and Algeria have shared a sound traditional friendship and offered mutual support during the respective national struggles for independence and development. Progress has also been seen in their bilateral ties, he noted.
The Government leader also briefed participants on the socio-economic achievements of Viet Nam, highlighting that the country is an attractive investment destination for foreign investors. Currently, 101 countries and territories are investing in Viet Nam with 18,220 FDI projects worth about 260 billion USD.
According to a report by the UN Conference on Trade and Development last year, Viet Nam ranked ninth in the world in terms of investment attractiveness, said the PM, adding that Viet Nam is trying hard to improve its investment environment and design preferential policies that are more competitive than those of regional countries.
Viet Nam is actively implementing comprehensive international integration policies, with a focus on economic integration, said the leader, noting that Viet Nam is also working with other ASEAN countries in building an ASEAN Economic Community by the end of this year.
Viet Nam has signed free trade agreements with the Republic of Korea and the Eurasia Economic Union, and is expecting to sign a Trans-Pacific Partnership soon, he said.