The Deputy PM was hosting a working session with the theme of “Vietnam’s Economy”, co-chaired by Sushant P Rao, head of the WEF’s East Asia region. Hai said he highly appreciated the role of foreign investors in the development of Vietnam and was confident that the country would remain a favourite destination for investors.

Vietnam’s sustainable economic growth in the mid-to long-term, its stable political and social environment, abundant potential sources of labour and nearly untapped local market have been Vietnam’s strong points, Hai said.

The Deputy PM said Viet Nam was on its way to integrating into the world economy and was fully aware that it was not immune to the global economic crisis. Strong and effective measures by the Government to boost investment and consumption had seen visible results.

He told the meeting about Vietnam’s economic strategies in the long run, especially in infrastructure development, exports, food security and preparations for climate change.

Hai visited Samsung Electronics headquarters in Seoul in 19th June. He reiterated the Vietnamese Government’s consistent policy on providing foreign investors with favourable conditions to expand hi-tech and high value added industries in Vietnam.

The Deputy PM also attended a business meeting for major Vietnamese enterprises and their foreign partners to discuss opportunities for business co-operation and share information and experience about engaging in WEF activities.

On this occasion, Hai also met Vice President of the RoK’s Kumho Asiana group, which has expressed interest in doing business in Viet Nam.