Vietnam facilitates investment of EU firms: PM

News

Vietnam facilitates investment of EU firms: PM

Thursday, September 17, 2020

Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors who want to pour capital into a seaport logistics project worth nearly 1 billion USD in Vietnam.

Prime Minister Nguyen Xuan Phuc on September 16 hosted a reception for Dutch and Belgian Ambassadors, Elsbeth Akkerman and Paul Jansen, along with EU investors.

At the meeting, the leader stressed the Vietnamese Government always facilitates the investment of foreign firms, especially those from the EU that have potential and high technological capacity.

He also highlighted all-round developments of the relations between Vietnam and Belgium and the Netherlands, saying the two countries are Vietnam’s important trade partners.

However, PM Phuc said cooperation outcomes have yet to match potential and strength of the sides.

The Dutch Ambassador expressed her impression on Vietnam’s efforts in the COVID-19 combat and economic development.

The Dutch Government backs Cai Mep Ha Logistics Centre project in the southern province of Ba Ria-Vung Tau which the EU investors are interested in, she said, adding that the Dutch Development Bank has committed 10 percent of the project investment.

For his part, Ambassador Paul Jansen said that the Belgian Corporation for International Investment will also play a role in the investment.

Once operational, the Cai Mep Ha Logistics Centre can accommodate large container ships, helping to deliver Vietnamese goods abroad, investors said, expressing their hope that the project will soon be approved.

They also committed to ensuring the progress and quality of the project, and using "green transportation methods” for sustainable development once it is given the green light.

Ba Ria-Vung Tau has approved the 1/2000 project planning scheme and located the project, and now stands ready for site clearance.

PM Phuc spoke highly of the effective cooperation between Vietnam and the two countries at multilateral and international forums such as the UN, ASEM and ASEAN-EU.

He called on the two countries, together with the EU, to raise a stronger voice in protection of the respect for law at seas and oceans, as well as the East Sea stance of Vietnam and ASEAN.

The leader said he believes that the EU-Vietnam Free Trade Agreement (EVFTA) will bring about great opportunities to Vietnamese and EU businesses in operation and market expansion.

He suggested the Netherlands and Belgium help Vietnam improve its capacity for the enforcement of the deal.

VNA

Other news

Yen Bai: Over 1,800 Kilometers of Cement Concrete Roads Built, Surpassing Targets

Leaders of Yen Bai Province and Yen Binh District take part in concretizing rural roads in My Gia Commune, Yen Binh District.

As part of the implementation of the Rural Transport Development Scheme in Yen Bai Province for the 2021–2025 period, various levels of government, departments, and localities have actively coordinated efforts and integrated multiple funding sources to invest in the development of the rural transport system.

Nearly 40% of Ethnic Minority Students in Yen Bai Benefit from Boarding and Semi-Boarding Education Policies

Students of the Yên Bình District Ethnic Boarding Secondary School perform a cultural art program rich in the Tay ethnic group's cultural identity.

In recent years, Yen Bai Province has prioritized the development of education and training in ethnic minority and mountainous areas with the aim of raising intellectual standards, nurturing talent, promoting socio-economic development, and reducing poverty. As of now, nearly 40% of ethnic minority students across the province are benefiting from educational support policies through boarding and semi-boarding schools.

Mu Cang Chai Strives for 58% Workforce Trained by 2025

Women in Mu Cang Chai district have more opportunities and jobs thanks to vocational training in sewing.

By 2025, the mountainous district of Mu Cang Chai (MCC) aims to increase the percentage of its workforce with vocational training to 58%, focusing particularly on agriculture and tourism services.

Tran Yen Disburses Nearly VND 70 Billion for National Target Programs

Militia members of Cuong Thinh Commune, Tran Yen District participate in a rural road lighting project.

As part of the implementation of the 2021–2025 National Target Programs (NTPs), Tran Yen District has disbursed over VND 70 billion as of the end of March 2025. Of this amount, nearly VND 56 billion came from the central government budget, while more than VND 13.5 billion was sourced from the local budget.

News