Hanoi creates optimal conditions for foreign investors

February 27, 2020 | 15:58

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Hanoi has been working to enhance administrative reform and address difficulties in an effort to create an optimal investment climate for investors, Politburo member and Secretary of the Hanoi Party Committee Vuong Dinh Hue has said.

hanoi creates optimal conditions for foreign investors

Hanoi officials and delegates of Sumitomo Corporation pose for a group photo (Photo: www.hanoimoi.com.vn)

He made the remark at a recent reception in Hanoi for Keigo Shiomi, President and CEO of Sumitomo Corporation Asia and Oceania.

At the meeting, Hue underlined that Vietnam and Japan boast a sound relationship with cooperation in various fields, as the countries have upgraded ties to an extensive strategic partnership.

Speaking highly of the ongoing smart urban project jointly launched by Sumitomo Corporation and BRG Group of Vietnam, he said it will be a driving force for Nhat Tan-Noi Bai axis in the north of Hanoi, which is among the city’s most important areas of development.

The municipal leader asked the two firms to ensure progress of the project.

In reply, Shiomi informed his host on the progress of the project and others being implemented in collaboration with BRG Group.

He voiced his hope that Hanoi authorities will continue to facilitate investment projects for the Japanese corporation in the city.

VNA

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investment climate Hanoi japan Sumitomo Corporation BRG Group Smart Urban Project Politburo Member And Secretary Of The Hanoi Party Committee Vuong Dinh Hue