Hanoi is capable of building knowledge-based economy: PM

Prime Minister Nguyen XuanPhuc attended a conference on Hanoi's cooperation for investment and development in the capital city on Sunday, which saw the participation of more than 1,500 delegates.

He said Hanoi with its existing advantages is fully capable of building a strong knowledge-based economy with universities of international standards and high-tech research centers and laboratories. PM Phuc also called for efforts to adopt a long-term master plan to make Hanoi green, clean, disciplined, and rich in traditional culture.

At the conference, delegates discussed measures to attract more investment projects which will lead and coordinate the development of Hanoi and regional linkage. The municipal authorities pledged an open, transparent, and favorable investment environment to create linkage with the key northern region, the Red River delta region, and the capital region.

PM Phuc witnessed the Hanoi People's Committee handing over investment licenses to more than 70 projects worth a total of 17 billion USD. Chairman of the Committee Nguyen Duc Chung announced that Hanoi will support all costs and amenity services during the business establishment process.

Source: VOV5