NA Chairman receives leaders of economic groups in Belgium
National Assembly (NA) Chairman Vuong Dinh Hue hosted separate receptions for representatives of several economic groups in Belgium on September 8 as part of his working trip to the European Parliament and Belgium.
At a meeting with Senior Director, International Government Relations at ExxonMobil (the US) Peter Lavoy, Hue appreciated the corporation’s efforts to implement and complete the signing of the agreement in principles on guarantee and commitments of the Government.
He said that Ca Voi Xanh (Blue Whale) project with a total investment of US$20 billion to produce offshore natural gas in central Vietnam is an important condition for Vietnam to build and operate gas-fired power plants in the central region, suggesting ExxonMobil and the Vietnam Oil and Gas Group (PetroVietnam) continue to work closely to maintain the schedule and bring the first gas flow ashore by 2024.
Vietnam's policy is to increase wind power, gradually reduce coal-fueled power, and increase liquefied petroleum gas, Hue said, asking the corporation to resume construction of refining and petrochemical projects in Vietnam, which are being delayed due to the COVID-19 pandemic.
The top legislator also asked Lavoy to urge the US government to donate more COVID-19 vaccines or transfer redundant vaccines to help Vietnam step up the fight against the pandemic, including in industrial parks, to ensure that supply chains are not disrupted.
Receiving Fabien De Jonge, member of the Board of Directors of Infra Asia Investment (IAI) which has invested US$1.2 billion in industrial zones in Hai Phong city and Quang Ninh province, the Vietnamese leader hailed the company’s intention to expand investment in Vietnam in the fields of renewable energy, wind and solar power.
During his meeting with Eddy Bruyninckx, a representative of International Port Engineering & Investments Limited (IPEI), Hue affirmed that Vietnam is paying special attention to developing the logistics industry. He spoke highly of the company’s activities in Vietnam, particularly investment projects in industrial zones in Hai Phong and Quang Ninh.
He suggested the company and other partners continue to study and share experience in the construction of industrial parks with international standards, in order to attract more ODA capital.
Vietnam is committed to accompanying and creating favourable conditions for firms to invest and do business in the country, the NA Chairman added.
At the meetings, foreign investors appreciated Vietnam's efforts in socio-economic development and COVID-19 prevention and control. They also acknowledged the Vietnamese legislature’s renovations in accompanying the Government, thus creating favourable conditions in terms of policies and laws for investors to invest and do business in Vietnam.
