(VOVWORLD) -Prime Minister Pham Minh Chinh said on Friday that Vietnam will continue to support and facilitate foreign businesses, including SYRE of Sweden, in investing and doing business in Vietnam.
 Prime Minister Pham Minh Chinh and Swedish Ambassador to Vietnam Johan Ndisi. Photo: VGP/Nhat Bac |
Prime Minister Chinh received Swedish Ambassador to Vietnam Johan Ndisi and Dennis Nobelius, CEO of SYRE, a subsidiary of H&M Group, the world-renowned Swedish fashion brand, in Hanoi. During the meeting, he emphasized that Vietnam values its traditional friendship with Sweden, one of Vietnam’s leading partners in Northern Europe.
PM Chinh welcomed SYRE’s planned investment in Vietnam and instructed relevant ministries, sectors, and localities to closely coordinate with the firm on specific issues such as technology and environmental appraisal and procedures, and to determine an appropriate investment roadmap.
The Prime Minister stressed the requirements that projects must not adversely affect the environment, that technology must be modern and highly efficient, and that cooperation should be mutually beneficial. He also underscored the importance of supporting Vietnamese companies’ participation in the company’s global supply chain, creating more jobs, and contributing to the development of a circular economy.
The Swedish guests said that they will continue to ramp up cooperation activities as mentioned by the Prime Minister and work with ministries, sectors, and localities to implement projects in line with Vietnam's development orientation according to the Resolution of the 14th National Congress of the Communist Party of Vietnam, contributing to promoting relations between Vietnam and the European Union (EU) and Vietnam and Sweden.