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PM stresses foreign-invested enterprises’ role in Vietnam economy
Vietnam always considers foreign-invested enterprises an integrated part of the country’s economy, affirmed Prime Minister Nguyen Tan Dung.
The Prime Minister made the affirmation at the Vietnam Global Investment Forum at Grand Hyatt Hong Kong on April 20 with the participation of over 300 leaders of Hong Kong and foreign business groups
The forum, which was jointly organised by Credit Suisse, the Hong Kong Trade Development Council and the Vietnam Chamber of Commerce and Industry, was linked through live TV broadcast with London, Tokyo, Geneva, Singapore, and Hanoi and Ho Chi Minh City in Vietnam.
PM Dung said to cope with the global economic crisis and prevent economic decline, the Vietnamese Government has carried out comprehensive measures to accelerate production, and boost exports, investment and consumption, as well as conducted an active, flexible and suitable financial-monetary policy and ensured social welfare and poverty reduction.
As a result, in the first quarter of this year, the country’s GDP growth was 3.1 percent, export turnover increased by 2.4 percent, and the trade balance and payment balance was maintained with surplus.
The country attracted 6 billion USD in foreign investment in the period. The stock market also recovered with the VN-Index up 37 percent in March. The trading volume and value jumped more than four folds over the average level in January and February.
The PM told the investors Vietnam is doing its best to turn difficulties into opportunities, thus creating a premise for sustainable development in the coming years by completing the market economy mechanism, boosting integration into the international economy, and restructuring the economy for a higher proportion of modern technology and high effectiveness.
The country is also making efforts to speed up essential infrastructure construction, especially transport, healthcare and education; accelerate administrative reform, raise the capacity of state management; develop human resources, protecte the environment and effectively cope with climate change and control natural disasters are also carrying out, Dung said.
He answered questions on the equitisation of State-owned enterprises, the mobilisation of investment development capital and implementation of stimulus packages.
He affirmed that Vietnam will continue implementing international commitments and boosting relations with other countries to overcome the current difficulties.
At the forum, the Credit Suisse bank announced a 500 million USD contract with the Vietnam Coal and Mineral Industries Group and another with the Vietnam Shipping Lines Corporation worth 600 million USD.
The same day, the PM received leaders of Hong Kong large financial groups, including Credit Suisse, Lai Sun and Hutchinson./.
Vietnamplus
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