President assures investors of favourable conditions

19/03/2007 -- 10:26 PM

Ha Noi (VNA) - President Nguyen Minh Triet has affirmed that Viet Nam has always given the most favourable conditions for foreign investors to cooperate with their local partners and do business in the country. The state leader made the statement while receiving a delegation of entrepreneurs, who are participating in the second Viet Nam Investment Forum held by the State Capital Investment Corporation and the UK-based Euromoney Conferences. The president said that although Viet Nam's national economy is changing into a market economy, the country has consistently pursued its goal of advancing towards socialism. He continued that Viet Nam has learned about economic development from other countries but what's noteworthy in its economic development is that it attributes more attention to the development of education and health care, as well as the improvement of living conditions for the people. According to the president, to ensure that economic benefits are given to people from all strata, Viet Nam has always created favourable conditions for businesses to develop. These businesses will then make more contributions to the state budget for the poor. Alongside, he said, the Party and the State have launched various campaigns to call for the assistance of the poor, and its poverty reduction programme has been praised by the United Nations. Regarding the country's policies for investment in education, President Triet affirmed it is is the nation's top priority. Viet Nam spends almost 20 percent of its State budget on education and this proportion he noted, is notably high in the world. Explaining a regular dialogue mechanism between investors and relevant Vietnamese agencies, President Triet said that if facing any difficulties, investors in localities can contact their local authorities or to relevant ministries and departments. For much more important issues, investors can propose meetings with the Prime Minister or the President. Viet Nam respects investors and leaders at all levels are willing to share and solve difficulties to help investors better operate, thus contributing to the country's development. Regarding the State's policy on Vietnamese expatriates, the President affirmed that the Vietnamese Party and State always highly value the role of overseas Vietnamese and consider them an inseparable part of the Vietnamese community. The Vietnamese Party and State call for Vietnamese expatriates to contribute to building the homeland, he said. Investors expressed their admiration at Viet Nam's economic growth rate as well as their affirmation of the Vietnamese leaders' sound policy.-Enditem
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