Prime Minister Nguyen Xuan Phuc received President Shen Tianqing of Hongkong's Jiayuan Group in Hanoi on December 7th, 2017.

Mr. Phuc hailed the group’s investment in Vietnam urging it to take part in the equitisation process of Vietnamese businesses. He underscored that China and Vietnam are strategic partners and Hongkong is one of Vietnam’s important partners and markets, noting that both sides enjoy many advantages to develop ties.

Jiayuan’s President Shen Tianqing said his group wants to expand its investment in Southeast Asia, especially in Vietnam, in major projects on real estate for smart cities. Mr. Shen added that the group wants to invest in Hanoi’s infrastructure development, calling for support from the Vietnamese government, the Prime Minister and related ministries and sectors.