THE SOCIALIST REPUBLIC OF VIET NAM
Government News
Overseas Vietnamese investors want to do business at home
VGP – Attending the Trade Promotion Forum held in Hà Nội on Monday as a part of the First Congress of the Association of Vietnamese Businessmen in Foreign Countries (AVBFC), many overseas Vietnamese entrepreneurs highly spoke of the Government’s incentives and preferential policies for them to do business fruitfully at home.
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The Trade Promotion Forum is held in Hà Nội as a part of the First Congress of the Association of Vietnamese Businessmen in Foreign Countries, August 10 – Photo: VGP |
Many enterprises asserted that, thanks to incentives stipulated in laws and regulations on investment, trade, and taxation, they have been able to stand firm on their feet in the domestic market, export a large volume of products to foreign markets, and generate more jobs.
The Government has opened the market in many trade and service fields in line with Việt Nam’s commitments to WTO. Ministries and local authorities have simplified administrative procedures while issuing many legal documents to facilitate enterprises’ operations.
Consistent policies on land, taxation, import, export and customs and proper procedures have strengthened overseas Vietnamese investors’ confidence in the domestic business climate.
At the forum, many enterprises suggested the Government continue upgrading transport works, seaports and telecommunication services to make their activities more effective.
By Hoàng Phương