 |
| A workshop of the Global Powersports Manufacturing Incorporation in Giang Dien industrial park, Dong Nai province__Photo: Hong Dat/VNA |
The Prime Minister on February 18 approved a set of 42 criteria to assess the efficiency of foreign investment in Vietnam, consisting of 29 economic criteria, eight social criteria, and five environmental criteria under Decision 315/QD-TTg.
Accordingly, based on impacts of foreign investment on economic development and such factors as capital amount, performance, technology, tax contribution, spillover effect and links with domestic enterprises, the 29 economic criteria are categorized into six groups: scale and contribution to national socio-economic development; operational efficiency of foreign-invested economic organizations; state budget contribution; spillover effect of foreign investment; technology application; and contribution to the country’s innovation potential.
Meanwhile, the eight social criteria focus on job creation and income for laborers, gender equality and law observance.
At the same time, the five environmental criteria will be used to assess environmental impacts of foreign direct investment projects on the environment as well as measures to be taken by enterprises to ensure environmental protection. They include: (i) proportion of foreign-invested enterprises applying energy-saving measures, (ii) proportion of production, trade and service provision establishments of foreign-invested economic organizations certified for environmental management according to national standard TCVN ISO 14001 or international standard ISO 14001, (iii) growth rate of production, trade and service provision establishments of foreign-invested economic organizations certified for environmental management according to national standard TCVN ISO 14001 or international standard ISO 14001, (iv) proportion of production and business establishments of foreign-invested economic organizations complying with the environmental protection law, and (v) ratio of greenhouse gas emission of foreign-invested economic organizations to the total of establishments required to conduct greenhouse gas inventories.- (VLLF)
