Hanoi pledges to support overseas Vietnamese investors
Hanoi will create the best possible conditions for overseas Vietnamese investors to run long-term business in the capital city, said Vice Chairman of the municipal People’s Committee Le Hong Son.
Hanoi (VNA) – Hanoi will create the best possible conditions for overseas Vietnamese investors to run long-term business in the capital city, said Vice Chairman of the muni𒁏cipal People’s Committee Le Hong Son.
The official made the pledge at a meeting with 120 overseas Vietnamese businesspeople from 17 countries worldwide in Hanoi on December 29.
The Hanoi authority promised an open and transparent environment suitable with the process of international integration and will take solutions to remove obstacles facing the investors, he said.
He affirmed that overseas Vietnamese (OVs) play an important role as a bridge for the friendship and cooperation between Vietnam and other nations across the world.
The Vietnamese Party and State in general and Hanoi in particular always consider OVs an integral part of the nation, Son noted.
He took the occasion to brief the OVs on marked achievements the capital attained in 2015 with all major economic sectors going on with recovery and people’s living standards improved significantly.
Such fruits in national construction and development saw the great contributions of Vietnamese abroad, the official stated.
Nguyen Duy Trung, Chairman of the Vietnamese General Association in Laos expressed his belief that more and more OVs and foreign businesses desire to invest in the capital.
At the event, the OVs and Hanoi leaders also discussed how to attract investment to the city.-VNA
Hanoi’s economy is beginning to show signs of stability, as its GDP for the first nine months of the year is estimated to have increased by 5.7 percent compared with the same period last year.
The Hanoi economy is picking up steam in almost areas with its gross domestic product for this year estimated at 8.8 percent, still within the target of 8.5-9 percent.
Hanoi economy is expected to grow at 7.8 percent during the first half of this year - the fastest pace in four years, reported the Ha Noi Moi (New Hanoi) daily newspaper.
The entire political system’s determination coupled with the people’s unity, consensus, material contributions, and brainpower have brought about significant socio-economic developments for Hanoi over
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
Hanoi city (Source: VNA)
