The conference attracted the participation of leaders of many Vietnamese ministries and representatives from domestic and foreign economic groups, including BP, HSBC, Nokia, Siemens Networks, Posco, and Jardine Matheson Việt Nam.
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PM Nguyễn Tấn Dũng at the conference – Photo: VNGOP
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PM Nguyễn Tấn Dũng confirmed that Việt Nam is now a dynamic market economy and a safe and attractive destination for investors.
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In the 20-year renovation, the Vietnamese economy has maintained an average growth rate of 7.5% per year, and over 8% in 2005, 2006 and 2007. Export increased by 18% annually on average. Technical and economic infrastructure and people’s life have been improved. GDP per capita in 2007 was ten times higher than 1988; the rate of poor households was reduced below 15%.
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He stated that, in 2008, the Vietnamese Government will strive for an economic growth rate of 9%, effectively control prices, stabilize macro-economy, improve people’s living standards, especially those in remote and ethnic minority areas, and reduce the poverty rate to 11-12%.
At the conference, the PM directly answered many questions from foreign investors. Mentioning the strategy on infrastructure development in Việt Nam, PM Dũng stressed that Việt Nam places importance on building all kinds of socio-economic infrastructure, especially transport and electricity. The development of information technology, education, health will be prioritized.
The Government is proactively investing in this work and encourages all investors to engage in the field, said the PM.
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Investors to the conference – Photo: VNGOP
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Speaking of the Government’s determination to eradiate corruption, PM Dũng confirmed that Việt Nam considers corruption a barricade for development, so the Vietnamese state and people will resolutely fight against it.
“Việt Nam’s political stability, market economy, administrative reforms, open-door policy, and international commitments are good conditions to secure investors’ interests”, concluded the PM.
By Xuân Hồng