Chinese economic groups say they want to expand investment in Vietnam
(VOVWORLD) -On Wednesday in Beijing, Prime Minister Pham Minh Chinh met leaders of several major economic groups of China that are investing in and wishing to expand production and business in Vietnam, including Texhong Group, Runergy Group, Energy China Group, Goertek Group, and TCL.
 Prime Minister Pham Minh Chinh receives leaders of China's Texhong Group. Photo: Duong Giang
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At the meetings, the business leaders said they believe in the dynamic development of Vietnam and expressed their desire to continue to expand investment in Vietnam in such fields as energy, industrial park infrastructure, social housing, inland waterway ports, automobile manufacturing, research and development, building a supply chain in Vietnam.
Prime Minister Chinh acknowledged the groups’ proposals and said that Vietnam is now strongly reforming administrative procedures; amending or adopting mechanisms and policies to remove some obstacles in the use of building materials, as well as policies on social housing development.
The Prime Minister suggested that in addition to expanding production investment and long-term stable business in Vietnam, the groups must pay attention to environmental protection and take care of the lives of workers. He said Vietnam encourages businesses, including Chinese ones, to invest in renewable energy, building power transmission system, and textile auxiliary industries.