Vietnam Expects many Singaporean Businesses to Invest

Vietnam Expects many Singaporean Businesses to Invest

Chairman of National Assembly, Nguyen Thi Kim Ngan expects more and more Singapore businesses to invest in Vietnam.

In the morning on November 27, at the reception of leaders of a number of corporations and enterprises of Singapore investing in Vietnam, National Assembly Chairman Nguyen Thi Kim Ngan confirmed that the Vietnam's National Assembly will develop policies to create the most favorable conditions for foreign businesses in general and Singapore businesses operating effectively in Vietnam, in particular.

Leaders of large corporations in Singapore wish to continue expanding investment in Vietnam in the field of infrastructure, urban renewal, smart city building, hi-tech industrial parks, recycled energy, education, agriculture, aviation connectivity, high-end resorts development. At the same time, we hopes Vietnam to create favorable conditions on mechanisms, policies and open business environment.

Recognizing the recommendations, Ngan said: Vietnam encourages foreign direct investment enterprises in general and Singapore businesses in particular to continue promoting investment and business cooperation with Vietnam in the manufacturing sector, especially in the field of supporting industries, electronics, renewable energy, medical, biotechnology, precision engineering, tourism, start-ups .... Vietnam has many potentialities, the National Assembly Chairman wishes, more and more Singapore businesses to invest in Vietnam.

Source: VTV.vn

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