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PM makes major commitments to FDI business operations in Vietnam

  • 17/10/2023
  • s 15:56

VOV.VN - Prime Minister Pham Minh Chinh delivered on three major commitments during his dialogue with foreign direct investment (FDI) businesses in Hanoi on October 16, in an effort to better their performance amid global economic uncertainties.

pm makes major commitments to fdi business operations in vietnam picture 1

Vietnamese Prime Minister Pham Minh Chinh talks to FDI businesses to address their concerns during a meeting in Hanoi on October 16.

Addressing FDI businesses, Chinh affirmed that the government always protects the legal and legitimate rights and interests of investors in any case.

He assured that the government always accompanies businesses to overcome difficulties and take advantage of opportunities to maintain long-term, efficient operations in Vietnam on the basis on interest harmony and risk sharing.

He also insisted that the government will not criminalize economic and civil relations, but handle any violations of the law to create a fair, healthy and transparent production and business environment for all economic sectors to operate on an equal footing.

The PM thanked investors for coming to Vietnam and expanding their investment in the country amid regional and global volatility, unpredictability and difficulty.

Vietnam continues to create favourable conditions and build a safe, transparent and highly competitive business and investment environment so that investors, including foreign investors, can feel secure to make a long-term investment in Vietnam, he said.

pm makes major commitments to fdi business operations in vietnam picture 2

Representatives of foreign businesses attending the dialogue with the Prime Minister in Hanoi on October 16.

He requested that relevant ministries, agencies and localities continue to review, amend, and complete investment policies, consider reducing costs for businesses, and effectively implement debt restructuring, tax and land lease policies to support businesses. At the same time, he also asked the designated agencies to listen to recommendations and proposals of businesses and investors, including foreign investors, to promptly address their concerns.

Despite global economic difficulties, Vietnam attracted US$20.21 billion in FDI capital over the past nine months of the year, representing a rise of 7.7% against the same period from last year. As of September 2023, businesses from as many as 144 countries and territories had pour investments into more than 38,300 projects worth US$455 billion in Vietnam.

VOV