Hanoi offers opportunities for Eropean investors

The Hanoi authorities will create the most favourable conditions for investors to do business in the city, contributing to making Hanoi a city of peace, friendship and dynamic development.

Saturday, September 10, 2011 20:21

The Hanoi authorities will create the most favourable conditions forinvestors to do business in the city, contributing to making Hanoi acity of peace, friendship and dynamic development.

Addressing ameeting held by the European businesses community in Hanoi on Sept.9, Chairman of the Hanoi People’s Committee Nguyen The Thao affirmed theauthorities will unceasingly create a transparent investment climateand further carry out administrative reform.

He briefed theHanoi socio-economic development master plan till 2020 and orientationto 2030, saying that the city will promote attraction of foreigninvestment with focus on high-tech, health, education.

For theEuropean Union, the city calls for investment in fields of its strengthsuch as development of high-quality services, financial-banking andtrade centres, electronics, informatics industries, high-tech industrialand supporting industry zones, tourism and resort projects, education,health and environment, he added.

Hanoi is home to 2,100foreign invested projects with a total registered capital of 19.9billion USD. The projects mainly involve in real estate worth 8.1billion USD, processing and manufacturing worth 1.6 billion USD, andentertainment worth 930 million USD.

The EU alone with 14countries investing in Hanoi has 226 projects with registeredcapital of 1.5 billion USD. France is leading the bloc with 58projects, followed by Germany with 35 projects and Denmark with 34projects./.

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A truck completes customs clearance at the Huu Nghị international border gate in Lang Son province. (Photo: VNA)

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