(MPI) - Deputy Minister of Planning and Investment Do Thanh Trung received Executive Director of the China Communications Construction Company (CCCC) Wang Haihuai in Hanoi on August 29.

At the reception. Photo: MPI

Deputy Minister Trung emphasised the investment cooperation opportunities between Vietnam and China with the crucial role of enterprises in actualizing high-level agreements between the two parties and states.

He expressed his impression by the scale, strengths, and business investment achievements of the company. He noted that CCCC's projects in Vietnam are highly regarded and align well with the country’s development orientation for its sectors and fields.

The deputy minister mentioned that Vietnam is focusing on developing infrastructure in the energy sector, particularly renewable and green energy, concentrating on the highway system and railways, including the high-speed North-South railway line, the Lao Cai - Hanoi - Hai Phong, Hanoi - Dong Dang, Hai Phong - Ha Long - Mong Cai railways, and other lines connecting Vietnam’s economy with provinces in China. Vietnam plans to mobilize resources from both public and private investments, hoping that CCCC will study and participate in Vietnam's priority infrastructure development projects.

The Ministry of Planning and Investment (MPI) is committed to supporting and accompanying to address challenges and issues for foreign investors, including CCCC, in their investment and operation in Vietnam, Trung reaffirmed.

For his part, Wang expressed his impression of Vietnam's socio-economic development; he noted that his company has been building and developing in Vietnam for over 30 years and always considers Vietnam a significant market.

CCCC’s projects mainly focus on areas such as infrastructure, ports, highways, and wind power, thus he expressed his hope to engage in deeper discussions with various ministries about its areas of expertise.

Vietnam’s rapid internationalization and significantly reformed policies are increasingly refined, greatly supporting businesses, including CCCC. CCCC is looking for long-term business investments in Vietnam based on the stable political conditions, fast socio-economic growth and many potentials and advantages that Vietnam has, Wang noted./.

Bao Linh

Ministry of Planing and Investment