Domestic enterprises face difficulties not only in investment and business activities but also in seeking investment capital. So, what are the chances for Vietnamese enterprises to evolve and rise to become the leaders, capable of ushering the supply chain of Vietnamese enterprises to spread farther?
The total foreign investment capital in Vietnam in the first three months of this year was US$10.13 billion. According to many foreign enterprises, Vietnam is still the country with the safest and most attractive investment environment in Asia in the coming years. Meanwhile, many domestic enterprises complained that “there were still many thumbtacks under the red carpet".
Mr. Nguyen Thanh Phong, Member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on March 19, chaired a conference to preliminarily summarize the activities of the working group on investment and collect opinion on the plan to improve the investment environment in 2021, with the attendance of Vice Chairman of the People's Committee of HCMC Le Hoa Binh and 15 enterprises from various sectors.
Mr. Nguyen Thanh Phong, Member of the Party Central Committee, Deputy Secretary of HCMC Party Committee, Chairman of the city People's Committee, on the afternoon of March 4, chaired the conference to approve the contents to implement the tasks in 2021 of the Department of Planning and Investment of HCMC.
Chairman of Ho Chi Minh City (HCMC) People’s Committee Nguyen Thanh Phong in yesterday’s online conference to summarize state work for Tet holiday requested that state departments must speed up processing documents for businesses to provide a better investment environment in the city.
The year 2021 is the first year to implement the socio-economic-cultural development plan in Ho Chi Minh City from 2021 to 2025, at the same time, it is the year that the industry and trade will carry out many important projects approved by the People’s Committee of HCMC.
Many domestic enterprises participating in the Forum on Linkage and Investment Opportunities for Small and Medium-sized Enterprises, held by the US Agency for International Development (USAID), in association with the Department of Industry and Trade, and the Saigon High-Tech Park (SHTP) on December 9, affirmed that joining the global supply chain of supporting industry products is not difficult. The remaining problem is weak internal resources, so they cannot supply any high value-added product.
Prime Minister Nguyen Xuan Phuc asked the Mekong Delta province of An Giang to continuously improve its investment environment, with attention paid to human resources quality and infrastructure, while addressing an investment promotion conference held by the province on December 15.
Over 70 percent of Japanese businesses in a recent survey affirmed that they will expand investment, trading and production scale in Vietnam, said representative head of Japan External Trade Organization (Jetro) Takimoto Koji in HCMC at a meeting yesterday.