Prime Minister Nguyen Xuan Phuc welcomed Hong Kong investors to the Vietnamese market during a meeting on September 14 with the chief executives of several major firms in the territory, including Sunwah, Chow Tai Fook, New World, Geleximco, IGG Hong Kong, TAL Roger, among others. 




The PM said his visit to Hong Kong aims to promote economic and investment between the two business communities, and called on Hong Kong businesses to invest in fields of Vietnam’s demand such as road, railway and maritime transport, and other infrastructure. 

Vietnam boasts a good business climate and needs more flows of capital, he said, adding that the country has amended the Law on Investment to ensure the interests and assets of investors and businesses to the fullest while hastening reform in administrative procedures, including in taxation and customs clearance. 

The PM made it clear that the Vietnamese government considers the private sector a driver of national development, and wishes that investors would pay attention to vocational training and abide by Vietnam’s environment protection law. 

Sunwah Chairman Jonathan Choi, who is also Permanent Honorary President of the Chinese General Chamber of Commerce in Hong Kong and Chairman of the Hong Kong – Vietnam Chamber of Commerce, appreciated the investment promotion event and the PM’s dialogue with Hong Kong investors during the visit. 

He hailed Vietnam’s socio-economic achievements in recent years and the government’s determination to fine-tune legal regulations and strengthen investors’ trust, and pledged to encourage Hong Kong investors to explore opportunities in Vietnam. 

Participants shared the view that Vietnam boasts a stable business environment and abundant workforce. The country is also a gateway to the 600-million ASEAN market. 

The executives said they are ready to invest big in Vietnam, especially in energy, infrastructure, industrial parks, welfare facilities, health care, resort property, tourism, finance-banking, education, garment, among others.

VNA