The Vietnamese Government will create favourable conditions forPortuguese enterprises to launch sustainable long-term investments andoperations in the country, Prime Minister Nguyen Tan Dung highlightedwhile engaging in a dialogue between Vietnamese and Portugueseenterprises held in Lisbon, Portugal on June 3.

ThePM shared that Vietnam has risen from a poor country to a developingnation with middle income and an average 7.5 percent growth rate from1991-2010.

Presenting Vietnam’s stable politicalenvironment and growing socio-economy, PM Dung declared his nation isstriving to complete the market economy mechanism, innovate growthmodels and improve competitiveness.

Vietnam is actively integrating globally with a focus on economics, he claimed.

He went on to note that Vietnam is on course to conclude pending freetrade agreements with 55 trade partners, including 15 members of theG-20.

Given the significant cooperation potentialbased on flourishing economic and political affiliation between Vietnamand Portugal, PM Dung said Vietnam welcomes the investment of Portugueseenterprises in a number of projects in cultivation, fisheries, foodprocessing, IT and tourism, among others.

As theVietnam-EU free trade agreement is expected to be signed soon, he urgedVietnamese businesses to boost the volume of key commodities—such asagricultural produce, woodwork products, electronic devices andapparel—exported to Portugal, while seeking opportunities to importhigh-quality goods from the country, including agricultural products andindustrial materials.

At the dialogue, enterprisesfrom both sides discussed trade and investment policies with Vietnamesesenior officials, particularly investment incentives to form businesslinks and stimulate collaboration.

They also exchanged information on their markets and sought cooperation opportunities.-VNA