(VOV) – Minister of Planning and Investment Bui Quang Vinh who is on a working visit to Singapore from November 3 to 5 met with representatives from the Singaporean government and business community to discuss measures to bolster investment.
At the meeting, Vinh assured those in attendance that the Vietnam government would ensure the safety and security of their foreign investments and strive to simplify administrative procedures to create a business climate more conducive to their desires.
In particular, Vinh pledged to speed up the construction of the sixth VSIP in the central province of Nghe An, which is a favoured investment location for Singaporean businesses.
During the visit, both sides examined ways to remove obstacles in such fields as trade, investment, banking, aviation and others to further promote economic connectivity and mutually benefit both nations.
At the working session with representatives from International Enterprise (IE) Singapore, Vinh reviewed cooperative ties of businesses in recent times and discussed future cooperation.During a talk to promote investment in Phu Quoc, Vinh answered queries regarding the recent incidents in Binh Duong, Dong Nai, Ha Tinh and HCM City in May regarding China’s illegal placement of Haiyang Shiyou-981 oil rig in Vietnam’s exclusive economic zone (EEZ).
He also expressed his wish that Singaporean investors will continue to create a new wave of investment in Vietnam. He said the MPI is compiling a draft law on Special Economic Zones (SEZ) to facilitate investment in Phu Quoc, Van Don and Bac Van Phong.
Vice Chairman of Kien Giang province’s People’s Committee Le Khac Ghi in turn committed to providing the best conditions and incentive investment policies for foreign investors keen toinvest in Phu Quoc.
Vietnam will establish a Phu Quoc Special Economic Zone and transform the island into a major centre for tourism and service in Vietnam and South East Asia, Ghi said.
The future economic potential of Phu Quoc island was discussed and various opinions on future plans were exchanged. Representatives from three leading Singaporean groups in the maritime transport and tourism sector expressed their wish for Phu Quoc to become a leading tourist destination.
At a meeting with Sembcorp Development Group, Minister Vinh reviewed its investment projects in Vietnam-Singapore Industrial Park (VSIP) and discussed ways to speed up the sixth VSIP in Nghe An province.
Notably, at present, five VSIPs have taken shape in Vietnam’s key economic regions and currently generate more than 140,000 jobs.
Đăng ký: VietNam News