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Authorities must make bigger strides this year in improving the country’s business environment, said Minister of Planning and Investment Bui Quang Vinh.
The building, operation and transfer project of a 51 kilometre modern highway in the Mekong Delta, the first of its kind in the region, was re-started last week after more than five years facing an impasse.
Do Nhat Hoang, director of the Ministry of Planning and Investment’s Foreign Investment Agency spoke to VIR about new points in the investment promotion strategy this year to improve the country’s foreign direct investment attraction.
Ho Chi Minh City commits to guaranteeing socio-political stability, strengthening the realization of signed Free Trade Agreements, hastening administrative reform, and creating an open investment environment to attract more foreign investment.
Foreign direct investment (FDI) in Vietnam is forecast to increase significantly this year, as many large FDI projects are expected to be issued licences in the next few months.
Africa is thought to be more underdeveloped than Vietnam and Asia, but some countries have better industrial policies than Vietnam, according to Professor Kenichi Ohno, a Japanese expert.
Foreign direct investment accelerated in Vietnam in January both in commitment and disbursement capital, highlighting the growing momentum of inward investment inflows into the country.
14 companies from eight countries in Europe paid a visit to Vietnam recently to map the country’s export and investment opportunities.
PM Nguyen Tan Dung on Sunday attended the launching ceremony of the Ho Chi Minh City-Long Thanh-Dau Giay expressway, about one year ahead of the planned duration.
Vietnam will try its best to further improve market economy institutions and strengthen its integration into the world economy, Deputy Prime Minister Pham Binh Minh has said.
Prime Minister Nguyen Tan Dung has assured the nation that Viet Nam’s gross domestic product (GDP) and inflation are still under control and are expected to hit their targeted 6.2 per cent and 5 per cent for 2015.
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