Vietnam hopes for more investment from Singaporean firm

09:34 | 28/03/2017 Economy

Vietnam will create favourable conditions for investors, including Singapore’s CapitaLand Group, to operate successfully in Vietnam, said  Prime Minister Nguyen Xuan Phuc told visiting President and CEO of CapitaLand Lim Ming Yan.

vietnam hopes for more investment from singaporean firm
PM Nguyen Xuan Phuc (R) and President and CEO of CapitaLand Lim Ming Yan (Source: VNA)

During a reception for Lim Ming Yan in Hanoi on March 27, the Vietnamese leader appreciated CapitaLand’s investment in building new urban development model in Vietnam, and wished the firm to consider developing new urban projects regarding the demand and long-term interests of local communities.

He suggested CapitaLand implement green, clean and beautiful urban projects in Vietnam like those carried out successfully by the firm in many areas in Asia, helping the country realise sustainable development goals and stabilise its real estate market.

The PM hoped the group will create different values and reap more successes in Vietnam, thus contributing to the country’s socio-economic development.

For his part, Lim Ming Yan said that his firm has invested in many great projects in Vietnam over the last 22 years and plans to build new urban development model in Hanoi and HCM City.

Projects implemented by CapitaLand in Vietnam will always be linked the community and ensure social responsibility with smart control systems towards sustainable development.

Theo VNA