Vietnam at World Economic Forum promotes investment
(VOV) - A delegation led by Deputy Prime Minister and Foreign Minister Pham Binh Minh are actively touting Vietnam’s attractiveness as a good investment destination at the ongoing World Economic Forum (WEF) in Davos, Switzerland.
The Deputy PM has participated in six working sessions and has held bilateral meetings with Swiss Vice President Schneider Amman, WEF Executive Director Philip Roesler, Prince Andrew, Duke of York and President of Japan External Trade Organisation (JETRO) Hyroyuki Ishige.
At these events, the Deputy PM highlighted the recovery of Vietnam’s economy in recent years, especially singling out the nation’s administrative and economic reforms and active international integration process.
He affirmed the Vietnamese Government’s commitment to improving the business climate and underscored the importance of investment opportunities when Free Trade Agreement (FTA) negotiations conclude in the coming time.
At a high-level dialogue on Global Agenda for Food Security, the Deputy PM shared Vietnam’s experience in sustainable agricultural development to ensure national food security and contribute to global food security.
At a working session on ASEAN, security and politics, the Vietnamese diplomat emphasized Vietnam’s responsible role in the regional grouping as well as its consistent stance on the East Sea issue.
Delegates highlighted increased ASEAN’s opportunities when the ASEAN Community is officially established in late 2015 with a single market and free transition of goods, services, capital and highly-skilled labourers.
ASEAN leaders affirmed their determination to speed up regional integration, narrow the development gap and improve the region’s competitive edge to facilitate investment from foreign businesses.
Many partners and leaders from international groups said they attached high importance to cooperating with Vietnam and showed their optimism about the Vietnamese economy and business opportunities. Some groups unveiled plans to expand investment in the country.
Representatives from a number of Vietnam’s leading businesses- Vinacapital, Vingroup and FPT- have also actively engaged in activities under the WEF Davos 2015 framework and have voiced their resolve to integrate and secure a foothold in the international market.