Politics

PM calls for Hong Kong investment in hi-tech agriculture, industry

Prime Minister Nguyen Xuan Phuc has called on Hong Kong-based Sunwah Group and VinaCapital Fund to make stronger investment in Vietnam in the fields of hi-tech agriculture and industry.
PM calls for Hong Kong investment in hi-tech agriculture, industry ảnh 1Prime Minister Nguyen Xuan Phuc (R) receives Chairman of the Hong Kong-Vietnam Chamber of Commerce and Chairman of Sunwah Group Jonathan Choi (Photo: VNA)
Hanoi (VNA) – Prime Minister NguyenXuan Phuc has called on Hong Kong-based Sunwah Group and VinaCapital Fund tomake stronger investment in Vietnam in the fields of hi-tech agriculture andindustry.

He made the call at a reception for Chairman ofthe Hong Kong-Vietnam Chamber of Commerce and Chairman of Sunwah Group JonathanChoi in Hanoi on April 19.

The PM noted that two-way trade between Vietnamand Hong Kong reached 7.5 billion USD in 2016, and 2 billion USD in the firstquarter of 2017, and urged the Chairman to work to raise the figure to 8billion USD this year.

He confirmed that the Vietnamese Government willcontinue developing the market economy and creating favourable conditions forforeign investors, including Sunwah, to do business in Vietnam.

In addition to economics, the PM hopes thatChairman Choi will support Vietnam to develop culture and education.

The Vietnamese Government pledged to enable Sunwahto actively and effectively participate in the equitisation of State-run enterprisesin Vietnam, he said, asking the group to help with the building of a culturalcentre for students at the Vietnam National University-Ho Chi Minh City.

J.Choi said as Chairman of the Hong Kong-VietnamChamber of Commerce, he wants to help more partners to do successful businessin Vietnam, adding that his group is implementing a number of projects in HCMCity.

Sunwah is also interested in the State businessequitisation and infrastructure construction in Vietnam, he said.

According to Choi, Sunwah has poured nearly 7billion USD in Vietnam over the past 47 years.

He added that the group is also keen to supportVietnam in culture and educational reform.-VNA

VNA
#Sunwah Group#VinaCapital Fund#investment#hi-tech agriculture
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