Hanoi to attract investment through clear and transparent policy
Hanoi will create favourable conditions for businesses to access and carry out projects in the capital efficiently as scheduled.
This was confirmed by Chairman of Hanoi People's Committee Nguyen The Thao at the "Promoting investment in Hanoi in 2015" conference held in Hanoi on August 24.
In the 2010 - 2015 period, Hanoi's total investment growth reached 1,400 billion VND, up 2 times to the 2006-2010 period, in which foreign direct investment (FDI) has played an important role for its economy.
Hanoi has been in the list of leading provinces in attracting investment capital. As of July 2015, the city has attracted 3,209 projects with the total registered capital to 24.048 billion USD.
At the conference, Lee Kyuseon, General Manager of Korean business support Center in Hanoi (Hanoi Kotra) said that Hanoi's investment environment has been significantly improved, thus attracting more Korea's large enterprises.
Korean businesses highly appreciate Vietnamese market and consider the country in general, Hanoi in particular as an attractive investment destination, he added.
Speaking at the event, Deputy Chairman of Hanoi People's Committee Nguyen Ngoc Tuan said, the city has publicly called for its investment portfolio of 46 projects involving land use since 2014.
The meeting was the first time that Hanoi introduce to call for investment of 11 specific projects in industry, real estate, trade and services, and social infrastructure.
Addressing the conference, Chairman Nguyen The Thao said Hanoi will focus on attracting investment in sectors in order to promote technology transfer, especially in high-tech, resources technology, creating more jobs and increasing exports.
In addition, the city will develop infrastructure, support industry, high-quality services, while attaching the importance of attracting FDI in these sectors with the technology research, transfer and development.
For the service sector, Hanoi will have a strong incentive policies to attract investment in health sector, health care services, education - training, luxury resorts associated with healthcare.
Hanoi government vowes to constantly creating more transparent investment environment consistent with process of international integration and will create the most favourable conditions for investors to do business in the capital in long-term, the Chairman stressed.
In the 2010 - 2015 period, Hanoi's total investment growth reached 1,400 billion VND, up 2 times to the 2006-2010 period, in which foreign direct investment (FDI) has played an important role for its economy.
Hanoi has been in the list of leading provinces in attracting investment capital. As of July 2015, the city has attracted 3,209 projects with the total registered capital to 24.048 billion USD.
Chairman of Hanoi People's Committee Nguyen The Thao makes a speech at the conference.
|
Korean businesses highly appreciate Vietnamese market and consider the country in general, Hanoi in particular as an attractive investment destination, he added.
Speaking at the event, Deputy Chairman of Hanoi People's Committee Nguyen Ngoc Tuan said, the city has publicly called for its investment portfolio of 46 projects involving land use since 2014.
The meeting was the first time that Hanoi introduce to call for investment of 11 specific projects in industry, real estate, trade and services, and social infrastructure.
Addressing the conference, Chairman Nguyen The Thao said Hanoi will focus on attracting investment in sectors in order to promote technology transfer, especially in high-tech, resources technology, creating more jobs and increasing exports.
In addition, the city will develop infrastructure, support industry, high-quality services, while attaching the importance of attracting FDI in these sectors with the technology research, transfer and development.
For the service sector, Hanoi will have a strong incentive policies to attract investment in health sector, health care services, education - training, luxury resorts associated with healthcare.
Hanoi government vowes to constantly creating more transparent investment environment consistent with process of international integration and will create the most favourable conditions for investors to do business in the capital in long-term, the Chairman stressed.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.
16:27, 2024/08/24
Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years