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Hanoi – attractive destination for Malaysian investors
The capital city of Hanoi is becoming more attractive to foreign investors, especially those from Malaysia, affirmed Malaysian Ambassador to Vietnam Lim Kim Eng.
The Malaysian diplomat made the statement while granting an interview to the Ha Noi Moi daily about the result of a recent working visit to Malaysia by Secretary of the Hanoi Party Committee Pham Quang Nghi.
During the visit, Mr Nghi and the Malaysian Health Minister witnessed s signing ceremony of a memorandum of understanding between Hanoi ’s Viet Ha Company and Malaysia’s Berjaya Group on building a 500-bed International Hospital at a cost of around 80 million USD in Hanoi .
She went on to affirm that Malaysia is ready to share its experiences with the freshly-expanded Hanoi in building new administrative cities like Putrajaya in Malaysia .
The Ambassador said she was happy that the visit has opened new chances for investment and cooperation between the two capitals and the two countries as a whole.
According to Ambassador Lim, Malaysia ’s combined registered investment capital in Vietnam rose from around 1.8 billion USD last year to 7.9 billion USD by July 2008. By July 2008, Malaysia ranked second after Singapore in the Association of Southeast Asian Nations (ASEAN) and sixth among countries and territories investing in Vietnam.
“This proved the investment environment of Vietnam in general and of Hanoi in particular is becoming more attractive to foreign investors, including Malaysian,” she said.
Malaysian investors want to invest in banking, real estate and building hospitals, hotels and factories in Vietnam, the Malaysian diplomat added.
Ambassador Kim took the occasion to express her optimistic view about the future development of Hanoi , especially in economic and cultural domains as well as the living conditions of the city’s people.
VNA
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