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Hanoi hosts biggest investment promotion conference

by VTV405 June 2016 Last updated at 10:44 AM

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Hanoi hosts biggest investment promotion conference
VTV.vn - Hanoi 2016 - Cooperation, Investment, and Development. This is the theme of the biggest investment promotion event ever held in Hanoi on June 4th.

This significant event was attended by Prime Minister Nguyễn Xuân Phúc, cabinet members, authorities from northern provinces, and both foreign and domestic investors. Let’s take a closer look in the following.

In his speech, PM Phuc urged Hanoi to take the lead and become a center for start-ups and creativity of the nation, adding local authorities need to introduce initiatives to support star-up models, promote the IT application, and keep its commitments with enterprises. 

The cabinet leader also suggested the capital city develop inter-regional connectivity and expand development spaces. On the occasion, Hanoi calls for investment in 52 projects with total capital of more than VND338 trillion. 

Also at the event, Secretary of Hanoi’s Municipal Party Committee Hoàng Trung Hải affirmed the city’s commitment to creating more favourable business conditions, and called for more effort from enterprises to contribute to the city’s development. As estimated, Hanoi will need about 111.5 billion USD of investment capital to develop high-tech and high quality products.