For more open business climate in VN
VGP – Though being optimistic about Việt Nam’s economic prospects, the business circle are proposing the Government to untie "knots" in order to create a more open investment environment and promote sustainable growth.
At the Việt Nam Business
Forum held in Hà Nội on Tuesday as part of the Consultative Group Meeting, the
business community highly praised the Government’s successful efforts in
curbing inflation and navigating the national economy through the recent global
financial crisis.
The Việt Nam Business Forum is held in Hà Nội,
December 1, 2009 – Photo: VGP
According to a survey jointly
conducted by the Ministry of Planning and Investment and the World Bank in 291
domestic and FDI enterprises in Việt
President Alain Cany of
EuroCham Việt
Meanwhile, Mrs. Victoria
Kwakwa, WB Country Director in Việt
Troublesome administrative
procedures, poor infrastructure and unskilled human resource are challenges to
many enterprises now.
So, many delegates
suggested the Government perfect the legal mechanisms and offer more chances
for private investors to engage in upgrading infrastructure.
Minister of Planning and
Investment Võ Hồng Phúc reiterated that the Government will review such fields
as education, investment cooperation and infrastructure.
"We
resolve to untie "knots” to create more open and favorable business
environment, so as to boost sustainable economic growth," said Minister
Phúc.