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He made the remark while receiving Li Linzhi, Chairwoman of Kaidi Ecological and Environmental Technology Co. Ltd, and Li Huaizhen, CEO of China Minsheng Investment Co. Ltd, in Hanoi on December 5.

Welcoming the entrepreneurs’ visit to Vietnam to seek investment opportunities, PM Phuc highlighted the growing comprehensive strategic cooperative partnership between the two countries, especially in economic cooperation.

Prime Minister Nguyen Xuan Phuc (front, centre) and Chinese ​entrepreneurs at the meeting on December 5 (Photo: VNA)

The Vietnamese Government has continually made efforts to improve the business climate. As a result, the country has climbed nine places in the World Bank’s 2016 Doing Business report, he noted.

The Government leader applauded the plans of Kaidi and Minsheng, which boast capital and technological potentials, to invest in infrastructure and environment, and reminded them to use modern and environmentally friendly technologies.

For her part, Li Linzhi said, since her meeting with the PM during his official visit to China three months ago, Kaidi has deployed activities to boost cooperation with Vietnam, expressed her belief that there are many good investment chances in the country.

Meanwhile, Li Huaizhen noted that the Minsheng company has set up a working group in charge of investment in Vietnam and conducted a market survey since the meeting with the Vietnamese leader in China.

Vietnam is growing rapidly, and it needs a large sum of foreign investment during development, he added.