Vietnam will continue to try and improve its business climate and legal framework to benefit foreign investors, Prime Mister Nguyen Tan Dung has said.

Speaking at the opening ceremony of the 10th ASEAN-China Expo and the 2013 ASEAN-China Business and Investment Summit, which opened Tuesday in Nanning, China, he said his government would create favorable conditions and a level playing field for investors and transparent investment procedures.

Vietnam always supports and appreciates the relationship between the Association of Southeast Asian Nations and China, the bloc's primary and most important partner, he said.

It would encourage and create favorable conditions for companies from China and other countries in the region to invest in the country, and help improve free trade agreements between ASEAN member countries and China, he said.

Despite the global economic turmoil, Vietnam's economy has been stable and expanding at 5.6 percent on average in 2011-13, and the country has political and social stability, ideal geographic location, abundant natural resources, and a young, low-cost workforce, he said.

China and other countries in the region should put aside all conflicts and together build trust and deal with all tensions by peaceful means on the basis of international law, he added.

Source StoxPlus.