PM
Dung highlighted that the legal and business environment would be
dramatically improved following the upcoming conclusion of 14 free trade
agreements between Viet Nam and her partners.
Viet Nam would become an important chain of
an economic network that covers 55 partners including 15 members of G20,
said PM Dung.
He hoped that the ongoing 25th ASEAN-RoK
Commemorative Summit would serve to spur economic, trade and investment
linkages between the RoK and ASEAN member states.
According to the speaker, Viet Nam became a medium-income country since 2010 with an average GDP per capita of over US$ 2,000.
In 2014, the domestic economy continued recovering with an expected GDP growth rate of around 6%.
So far, over 100 countries and territories partook
in over 17,000 investment projects worth around US$ 250 billion in Viet
Nam. Especially, over 100 corporate groups in the list of the
world's 500 largest corporations, including RoK giants, have also set
foot in Viet Nam.
The Vietnamese National Assembly recently adopted
two important laws on investment and enterprises in a bid to
significantly bettering the domestic investment and business climate in
an opener and more transparent manner in accordance with
market-based economic regulations and international practices.
Meanwhile, the Vietnamese Government has persisted
in restructuring the macro-economy and transforming growth model
towards higher efficiency and competitiveness.
During the development period, Viet Nam, said PM
Dung seeks huge investments for projects on infrastructure on
electricity, renewable energy, urban transport, seaports and airports.
These are expected to create good opportunities for foreign enterprises
to participate in through the PPP model, including RoK ones.
PM Dung also hoped that the conclusion of
negotiations on the Viet Nam-RoK Free Trade Agreement would open up vast
opportunities for both Vietnamese and Korean businesses.
Finally, Mr. Dung affirmed that the Vietnamese
Government and local authorities would pave the favorable way for
foreign investors, including RoK ones to do long-term and successful
business in Viet Nam./.
Source: Vietnamnet