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Welcoming the investors to Vietnam, the Government leader said Vietnam boasts great potential for developing tourism, considering it a spearhead economic sector.

Prime Minister Nguyen Xuan Phuc (C) takes photo with international tourism investors.

However, he noted despite good growth, Vietnam’s tourism development is yet to match potential with a smaller scale than those in regional countries. He also highlighted limitations such as unsustainable tourism development and weak management capacity.

Speaking at the event, the investors appreciated Vietnam’s tourism development potential and suggested that the country expand those eligible for visa exemption, boost innovation, and raising public awareness of providing tourism services.

Agreeing with the guests, the PM mentioned a number of measures to boost Vietnam’s tourism such as the continued implementation of an open visa policy and improvement of aviation infrastructure.

He emphasized the need to increase tourism promotion, train tourism human resources, and develop accommodation and entertainment facilities.

The leader also praised the outcomes of the Vietnam Tourism Forum 2018 on the same day, where five trade deals worth nearly 2 billion USD were signed between Vietnamese firms and international partners.

Ethiopia pledges attractive preferential policies for Vietnamese investors

Ethiopian authorities have affirmed that the country welcomes Vietnamese businesses to invest in trade and production and will give them attractive preferential policies.

 

Russia ranks 22nd among foreign investors in Vietnam

Russia currently ranks 22nd among countries and territories investing in Vietnam with a total registered capital of nearly 1 billion USD.

 

NA pledges favourable conditions for RoK investors

The Vietnamese National Assembly has always paid attention to building suitable policies and laws, and ensuring a favorable investment environment for foreign businesses in general and those from the Republic of Korea (RoK) in particular, said NA Chairwoman Nguyen Thi Kim Ngan.

 

Vietnam pledges favourable conditions for Japanese investors: PM

Prime Minister Nguyen Xuan Phuc has affirmed the Vietnamese Government’s pledge to create favorable conditions for foreign firms, including those from Japan, suggesting that both sides strengthen bilateral cooperation in labor, education, and human resource training, including vocational training and high-quality human resource training.

 

Prime Minister welcomes foreign investors

Prime Minister Nguyen Xuan Phuc hosted receptions for Mike Spanos, CEO of Asia, Middle East, and North Africa unit of the US-based PepsiCo, Inc.; and Sarath Ratanavadi, founder and CEO of Thailand’s Gulf Energy Development, in Hanoi on August 14.

 

Source: VNA