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UK’s former PM ready to help Vietnam attract high-quality investment

Updated: 16:28, 28/10/2020
Deputy Prime Minister and Foreign Minister Pham Binh Minh held phone talks on October 27 with the UK’s former Prime Minister Tony Blair, who is now Executive Chairman of the Tony Blair Institute for Global Change.

Deputy PM Minh appreciated the former PM’s contributions to the two countries’ relations and provision of policy advice for Vietnam in some areas like FDI attraction and implementation of the public-private partnership model.

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Deputy Prime Minister and Foreign Minister Pham Binh Minh.

The deputy PM affirmed that attracting high-quality foreign investment and cooperating in technological development are among Vietnam’s priorities in socio-economic development in the time ahead.

He voiced his hope that the two sides will enhance collaboration in attracting high-quality foreign investment, including FDI projects applying high technology, and setting up innovation and R&D centres that are connected with Vietnamese businesses via human resources training and support industry facilitation.

For his part, Blair spoke highly of Vietnam’s achievements in the Covid-19 fight and being among the few economies with positive growth in 2020.

Hailing Vietnam’s continually improved investment and business climate, Blair also expressed his readiness to assist Vietnam in attracting high-quality investment in the time ahead.

Bac Giang draws over 100 investment projects in first 9 months
(BGO) – Amid the common difficulties, Bac Giang province has recently achieved positive result in investment attraction. Since early this year, the province has attracted 941 million USD of invested capital, accounting for 95.3 percent of the same period last year.
Bac Giang strives to improve business environment to draw investment
(BGO) – In the period 2015 – 2020, the average Gross Regional Domestic Product (GRDP) in Bac Giang province hits 14 percent per year in the group of provinces with highest growth rate across the nation. The prominent result was gained thanks to the active contribution of the Department of Planning and Investment (DoPI) with great effort in consulting the local authority to create clear, transparent and attractive investment environment.
Vietnam facilitates investment of EU firms
Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors who want to pour capital into a seaport logistics project worth nearly US$1 billion in Vietnam.
Bac Giang grants new investment registration certificate to 23 projects at industrial parks
(BGO) – According to the Management Board of industrial parks (MBIP) in Bac Giang province, the MBIP has granted new investment registration certificate to 23 projects, including 15 foreign direct investment (FDI) and 8 domestic investment projects with total registered capital of over 296 million USD and 273 billion VND (11.7 million USD) respectively.
Vietnamese market is large enough for ambitious investment plans
It is the message from Prime Minister Nguyen Xuan Phuc during a recent dialogue with Japanese economic groups and businesses that are interested in expanding their investment in Vietnam.

Source: NDO/VNA

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