Vietnam government pledges stable investment climate

(VOVworld)- Prime Minister Nguyen Xuan Phuc says the Vietnamese government pledges to ensure a stable and open investment climate for investors, including those who are investing in the South Hoi An resort complex.

Vietnam government pledges stable investment climate - ảnh 1

Prime Minister Nguyen Xuan Phuc at the groundbreaking ceremony (Photo: VGP)

Mr. Phuc made statement at a groundbreaking ceremony for the 4 billion USD project of South Hoi An resort in Quang Nam province on Sunday. The project, whose investors are VinaCapital group and Gold Yield Enterprises group, covers an area of 1,000 ha and will be completed by 2035. Prime Minister Phuc said the formation of a large recreational and resort complex will help the region restructure its economy and implement the national strategy for spearhead tourist-economic development.

The PM also urged Quang Nam province to improve its business environment, provide vocational training, and the local workforce for the project, while ensuring resettlement and livelihood for the people whose land is taken for the project. 

Also on Sunday morning, PM Phuc attended a ceremony to begin construction of the expanded Chu Lai-Truong Hai automobile industrial zone and the two roads that will link the Tam Hiep port and the zone.