The Vietnam Global Investment Conference was opened at Hong Kong’s Grand Hayatt Hotel this afternoon and was telecasted to Ha Noi, Ho Chi Minh City, London, Geneva, Tokyo, and Singapore.
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PM Nguyen Tan Dung at the Conference
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Attending the conference, PM Nguyen Tan Dung gave answers to many international investors’ questions.
Answering the Japan External Trade Organization (Jetro) representative’s question about Vietnam’s policies to accelerate industrialization, PM Dung revealed that Vietnam places importance on applying new and advanced technologies, mobilizing both external and internal investment sources, nurturing high-quality human resource, and perfecting its market mechanism.
About Vietnam’s foreign currency reserve, the PM affirmed that the source is strong enough to fuel import activities for at least 20 weeks and that the country feels no difficulty in this field.
He believed that, the recover of stock markets in Vietnam in the first quarter is a good sign for quickening the equitization of State-owned enterprises.
To investors’ concerns over the ownership held by foreigners, the leader said that Vietnam allows foreign investors to keep 49% in maximum of shares in a public joint-stock company.
Finally, PM Dung stated that Vietnam is welcoming all investors to engage in infrastructure development, with many incentives.
Concluding the Vietnamese PM’s online talks to investors throughout the world, Mr. Jonathan Choi, President of the Hong Kong–Vietnam Chamber of Commerce, stressed that the PM’s message encourages foreign investors to enter Vietnam.
He urged enterprises in Hong Kong and other parts of the world to quickly grasp all business opportunities in Vietnam.