Vietnamese Government always creates best possible conditions for foreign firms, investors

The Vietnamese Government always listens to and creates the best possible conditions for foreign enterprises and investors to clear hurdles, set up a new normal environment, and recover their production and businesses at the earliest possible.

  • Hanoi removes 28 administrative procedures regarding investment
  • Vietnam’s outbound investment increased 32,4% year-on-year
  • Vietnam remains attractive investment destination forforeign businesses

Vietnamese Government always creates best possible conditions for foreign firms, investors ảnh 1

 

The statement was made by Foreign Ministry Spokeswoman Le Thi Thu Hang at the ministry's regular conference held virtually on October 21. "With COVID-19 prevention and control measures implemented in the past time, the pandemic situation in Vietnam is gradually being controlled and the country is step by step transitioning to a new normal", Hang said.

She noted that the Government has issued Resolution No. 128/NQ-CP on temporary regulations for safe, flexible adaptation to and effective control of COVID-19 to bring the entire country into the new normal as soon as possible within 2021, unite anti-epidemic policies nationwide, and to break the freeze in socio-economic activities.

The Government is also taking drastic measures to contain and repel the pandemic, with a special working group set up to deal with problems and difficulties facing businesses, and many resolutions and policies promulgated in support of firms, cooperatives and business societies.

The Government has requests that localities issue no more additional regulations and remove inappropriate ones, Hang underscored.

The spokesperson informed that this year to September 20, Vietnam had attracted US$22.15 billion in foreign investment, up 4.1% over the same period last year. Of the sum, US$12.5 billion were registered for 1,200 new FDI projects, down 3.78% in the number of projects but up 20.6% in capital on-year.

The result has confirmed the confidence of foreign investors in Vietnam’s business climate, she concluded

By L.B

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