PM Khai assures S. Africa of competitive business environment
(VNA)- Prime Minister Phan Van Khai promised the most favourable conditions to South African businesses before 257 local industrial executives at a business forum in
Also present at the event was the Minister of the Presidential Palace of South Africa.
The PM said the Vietnamese Government was working for a solid, long-term and transparent legal system and endeavouring to speed up its renewal process with a focus on transparent and firm administration in the interest of both the ordinary people and businesses.
Great efforts have been made to improve the operation of State-owned enterprises while boosting private businesses, the family economy, and foreign investments, the Government leader said.
In order to make the country appealing to foreign investors, PM Khai unveiled
He also pledged to comply with its commitments to the international community, especially in a bid to fully join the World Trade Organisation.
The two countries are to set up a joint trade committee to promote their commercial potential.
The participants at the forum shared a view that the two countries may boost cooperation in transport, infrastructural construction, steel production, mechanical engineering and chemistry, in addition to garments and footwear, of which
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