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Vietnam calls for more Southeast Asian investors
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17:53, August 23, 2007

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Vietnam pledges to improve its business environment to lure more Southeast Asian investors, Vietnamese Prime Minister Nguyen Tan Dung said on Thursday.

Vietnam will well implement its commitments to the international community, and accelerate the institution improvement and administrative reform, he said at a business forum for 100 firms in Southeast Asia.

The forum also discussed issues related to Vietnam's investment and export strategy and plan on equalizing state-owned enterprises.

Firms from the Association of Southeast Asian Nations (ASEAN), which comprises of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam, now have nearly 1,000 operational projects with investment of over 13 billion U.S. dollars in Vietnam.

Trade between Vietnam and other ASEAN members reached 20 billion dollars in 2006, up 40 percent over 2005.

Source: Xinhua

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