Impact of Vietnam Railway Connection Project

(NLDO) - Vietnam has issued regulations to simplify investment procedures in a more favorable direction, creating conditions for foreign enterprises to do business long-term.

On the afternoon of February 13, at the regular press conference of the Ministry of Foreign Affairs , reporters raised questions about railway projects connecting Vietnam with China and the impact of these projects on relations between the two countries.

Promote development not only of the two countries but also of the region

Spokesperson of the Ministry of Foreign Affairs Pham Thu Hang said that investing in and building railway lines contributes to the implementation of strategic breakthroughs in building a modern infrastructure system and is one of the three strategic breakthroughs in the spirit of the Resolution of the 13th National Party Congress; strengthening economic connectivity, including connectivity of road and railway infrastructure, and logistics connectivity, meeting the country's development and integration needs, in line with development trends in the new era.

According to the Spokesperson of the Ministry of Foreign Affairs, the railway lines connecting Vietnam and China, once completed, will contribute to further facilitating people's exchange and travel activities, promoting economic, trade, investment and tourism cooperation not only between Vietnam and China but also in the region.

State apparatus restructuring does not affect the business investment environment in Vietnam

Responding to a question about the current restructuring of Vietnam's state apparatus, Foreign Ministry Spokesperson Pham Thu Hang stated: Restructuring the state apparatus is a regular activity of countries, in line with the context of the functions and tasks of the new period. The policy of streamlining the state apparatus towards effective capacity was proposed in 2017, carefully prepared and implemented with a suitable roadmap.

Ms. Pham Thu Hang affirmed: "The process of restructuring the state apparatus does not affect the investment and business environment in Vietnam. At the same time, Vietnam has also issued regulations on simplifying investment procedures in a more favorable direction, creating conditions for foreign enterprises to invest and do business long-term in Vietnam."

Source: https://nld.com.vn/tac-dong-cua-du-an-duong-sat-ket-noi-viet-nam-trung-quoc-196250213214655089.htm