09:41 | 14/12/2016 Events
Vietnam pursues a consistent policy of treating all investors, both domestic and foreign ones, equally, President Tran Dai Quang told Sultan Ahmed Bin Sulayem – Group Chairman and CEO of the UAE’s DP World, on December 13.
|President Tran Dai Quang (R) receives Sultan Ahmed Bin Sulayem – Group Chairman and CEO of the UAE’s DP World in Hanoi on December 13 (Photo: VNA)|
During the meeting at the Presidential Palace in Hanoi, he renewed Vietnam’s pledge to create the best possible conditions for foreign enterprises to do business in the country. He appreciated efforts by DP World, which specialises in marine terminal and services and infrastructure investment, to promote its projects in Vietnam, including major ones on transport and real estate like the Saigon Premier Container Terminal (SPCT) in Ho Chi Minh City and Halong Star Hotel in Quang Ninh province.
Vietnam’s consistent viewpoint is considering foreign investors’ success as its own, he reiterated, noting that local authorised agencies are actively seeking solutions to problems facing the SPCT project. The country will continue overhauling legal framework and relevant mechanisms to provide the most favourable environment for investors to contribute to its development, he added.
Meanwhile, Sultan Ahmed Bin Sulayem noted the UAE Government always highly values the friendship with Vietnam and encourages UAE businesses to invest in the Southeast Asian nation. After eight years of operating in Vietnam, DP World has realised the country’s sustainable development potential, and that’s why it is expanding investment here, he said.
He elaborated that aside from seaport projects, the firm is considering the possibility of pouring money in transport, industrial park and free trade area projects. He also raised proposals pertaining to DP World’s activities in Vietnam such as the issues of shipping lanes and port service fees.