Nguyen chi dung

In many cases, the more regulations are issued, the more confusing, the more entangled they appear. Why? Although the Party, Government, and National Assembly have made great efforts, and the speed of promulgating laws is good, the quality of laws is not commensurate. Our mechanism is the executive builds the law, the legislature supplements and passes it. If the two agencies do not coordinate well, the quality of laws is not guaranteed. That is, there are problems in the legal building process. … [Read more...] about To catch up with other countries, Vietnam must run quickly and steadily

In the early stages of development, we have agreed on the efficient use of resources, reduction of recurrent expenditures, and increase of investment expenditures. We think that in the direction of development, making the GDP higher, having more powerful enterprises, and contributing more to the budget, then public debt will automatically decrease. However, there is also a view to keeping public debt and overspending at a low level without paying attention to development and GDP growth. This is a contradiction in development. … [Read more...] about There are many talented Vietnamese, but they have not become the country’s resources

Amid the Covid-19 pandemic, the global investment flow is likely to contract by 40% in 2020, but in Vietnam, newly registered capital has risen 6.6% and the number of new FDI projects inched up over 22% during the pandemic, Do Nhat Hoang, head of the ministry’s Foreign Investment Agency (FIA), said while addressing a dialogue on FDI attraction held today, September 4. … [Read more...] about VIETNAM’S BUSINESS NEWS HEADLINES SEPTEMBER 8

Meanwhile, C.K. Tong, CEO of BW Industrial Development JSC said that there are many promising areas for investment in Vietnam. "I believe that Vietnam could utilise its resources to develop well and mobilise more capital flows. Vietnam could be the most advanced economy in the region, even surpassing Thailand and Singapore," he said. … [Read more...] about Standard Chartered online forum highlights Vietnam as rising star in FDI

What Vietnam needs to do to attract quality FDI after Covid-19 Speeding up infrastructure development and improving ease of doing business and vocational training are among things Vietnam can do to make itself more attractive to foreign investors post-Covid-19, according to VinaCapital.   … [Read more...] about Vietnam urged to improve infrastructure to attract more FDI