Prime Minister Nguyen Xuan Phuc calls for more Chinese investment in infrastructure
(VOVWORLD) - Prime Minister Nguyen Xuan Phuc on Thursday held meetings with leading Chinese and foreign economic groups. During the meetings, Chinese enterprises praised Vietnam’s socio-economic development in recent years, especially in infrastructure, energy, finance, technology and telecommunications saying Vietnam is becoming more attractive to Chinese investors.
 Prime Minister Nguyen Xuan Phuc meets representatives of Chinese infrastructure businesses (Photo: VGP/Quang Hieu) |
Prime Minister Phuc said Vietnam has great demand for developing its infrastructure, energy, technology, finance and banking. He said: “The scale of the Vietnamese economy remains small and faces numerous difficulties. We need more resources from the private sector, as well as Vietnamese and foreign enterprises to cooperate in the public-private mode and other investment forms as well as projects under the frameworks of “Two corridors, one belt” and “Belt and Road”. The mechanisms create opportunities for Chinese enterprises to invest in Vietnam. The Vietnamese government always creates favorable conditions for foreign enterprises including those from China and those with financial and technological potential. Vietnam needs more resources to develop its infrastructure including roads, railways, and airways.”
Prime Minister Phuc also called for further investment in clean energy under Public-Private Partnership model.