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Viet Nam welcomes Canadian firms

Update: June, 15/2016 - 09:00

HÀ NỘI — The Vietnamese Government creates the most favourable conditions for foreign businesses and investors to operate in Việt Nam, including those from Canada, affirmed Deputy Prime Minister Vương Đình Huệ.

Receiving a group of Canadian businesses yesterday, who are on a visit to Việt Nam to seek investment opportunities, Huệ said the Vietnamese Government has strived to increase macro-economic stability, restructure key sectors such as finance and banking, State-owned businesses, industrial production, agriculture and public investment, and determined to improve the business and investment environment to improve national competitiveness.

Appraising and encouraging Canadian businesses operating in the fields of consultancy, finance and credit to support small- and medium-sized businesses, Huệ said he wished that foreign private risk investment funds would fund start-up activities in Việt Nam.

President and CEO of Northstar Financial Group Scott Shepherd said Northstar was active in providing finance for small- and medium-sized businesses and wished to co-operate and share experience with Việt Nam in the context the two countries implementing new free trade agreements.

He expressed willingness to support and create conditions for Việt Nam in importing spare parts and machine products from developed countries.

The group planned to set up a credit agency on export to support Vietnamese businesses in their export activities, he said. — VNS  


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