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Official Gazette

Monday, August 21, 2017

Government vows to back local and foreign businesses

Updated: 11:45’ - 18/08/2015
The Vietnamese Government plans to continue its market orientation with the aim of facilitating domestic and foreign investment and business activities, Deputy Prime Minister Vu Van Ninh said at a Business Forum organized by Forbes magazine on August 17 in Ho Chi Minh City.

Entitled “Taking the Lead”, the forum discussed the competitiveness of enterprises, opportunities to take the lead in the most dynamic economic sectors, and the sharing of ideas and vision of how to get to the top.

The Vietnamese Government has also pledged to bring benefits to local businesses by joining international trade agreements, Ninh said, adding that the prospect of joining the Trans-Pacific Partnership and other international trade pacts is presenting a unique opportunity for businesses to grow.

Business representatives said the State needed more time to revise laws and issue more specific investment policies so that businesses could then map out detailed development strategies to take full advantage of international trade agreements to which Vietnam had acceded.-
 

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