PM Phuc briefed his guest on Vietnam’s ongoing industrialization and modernization process, which focuses on economic restructuring and growth model reform.
He said Vietnam prioritises economic relations with ASEAN countries, including Malaysia, amidst the newly-formed ASEAN Community.
The government leader pledged favourable conditions for Malaysian investors and expressed his hope for cooperation and assistance from the Malaysian banking sector as Vietnam is speeding up its bank restructuring.
Vietnam is keen to attract foreign investment with high value added for national sustainable development, Phuc said.
Cheng Wing Sum, in turn said he hopes the Vietnamese government will continue supporting Malaysian businesses in the country.
Regarding the central city of Danang’s economic prospects, Cheng Wing Sum showed keen interests in launching urban development projects in the city and becoming a partner of Vietnam as well as Danang.