Foreign businesses in Viet Nam believe the economy can recover rapidly from COVID-19 if the country deals with the pandemic “flexibly,” lives safely with it and controls it well.
The opening of the domestic market as committed in the EU – Việt Nam Free Trade Agreement (EVFTA) will lead to the strong penetration of foreign businesses to expand their retail chains in the country.
HCM City has always taken on board suggestions from foreign businesses, including Japanese, for improving its investment environment and living conditions and adopting appropriate policies to enable foreign investors to operate here.
Viet Nam is committed to maintaining stability to ensure the rights and interests of foreign businesses investing in the country, said Deputy Prime Minister Truong Hoa Binh.
The Vietnamese Government always welcomes and commits to creating conditions for foreign businesses, including those from China’s Chongqing city, to land investment in high-tech projects in the country, said Vietnamese Ambassador to China Dang Minh Khoi.
The Vietnamese Government pledges to maintain the stable macro environment, continue improving the institutional quality and state government, and boosting the rule of law, for foreign businesses to land investment and expand operation in Viet Nam.
Several foreign businesses are attentive to recent developments and
want to shift their investments into Viet Nam as they see big
opportunities of big Trans-Pacific Partnership (TPP) and Free Trade
Agreements (FTAs) in the country.
Domestic and foreign businesses want incentives from the Government and
local authorities for better operations, according to a recent survey
released at a seminar in Ha Noi on Thursday.
Viet Nam is at a crucial juncture where it has to take decisions with
little room for error, representatives of foreign business associations
said at a conference on Friday.
Two foreign businesses have been licensed to increase investment capital
by nearly US$3.3 million in Can Tho, bringing the total registered
capital from 57 foreign direct investment (FDI) projects in the Mekong
Delta city to a record high of US$879 million since the...