Foreign investors affirm confidence in Vietnam

Representatives from the biggest foreign business associations in Vietnam gathered at the bi-annual Vietnam Business Forum this morning in Hanoi

>> PM asks for quick support for affected foreign 
>> Further solutions to help businesses overcome 
>> PM urges ministries to support enterprises
>> MoF launches measures to help businesses 
>> PM asks for more efforts in ensuring security, order
>> MPI underlines investors’ security 
>> PM orders urgent measures to maintain security, order

Prime Minister Nguyen Tan Dung and members of his cabinet also attended the event to dialogue with foreign investors.

Virginia B. Foote, co-chairwoman of the forum, said the timing of the event was particularly important and meaningful given the context that foreign investors “are saddened and worried about the events that occurred in mid-May.”

“I want to speak for all of us in saying that we support Vietnam’s economic growth and its role in increasingly complicated global supply chains. We all work with, hire, and count on people and technologies from Vietnam and many nations to make business, tourism and supply chains work,” she said, while reiterating foreign investors’ commitment to Vietnam.

Addressing the event, Dung committed the Vietnamese government to ensuring safety and stability for foreign investors in Vietnam, including Chinese companies.

Dung said the Vietnamese government and local authorities would establish special task forces to help riot-hit firms resume full production as soon as possible. He also said the government would further support foreign investors in Vietnam and enhance the competitiveness of Vietnam’s investment climate.

The prime minister’s announcement in front of hundreds of foreign investors today once again affirmed the government’s determination to maintain Vietnam as an ideal investment destination for foreign companies, which play a vital role in the nation’s economic growth.

“We believe the Vietnamese government needs to make a public announcement to foreign investors all over the world that it is making its best efforts and taking measures to re-stabilise the business environment for foreign invested companies in the country,” said Kim Jung In, chairman of the Korea Chamber of Business in Vietnam.