HCM City works to become trustworthy business destination
11:39, 2015/03/05
Ho Chi Minh City has pledged to improve its business climate and become a trustworthy and promising investment destination for foreign investors, Secretary of the municipal Party Committee Le Thanh Hai told investors during a meeting in the city on March 4.
To that end, he asked the agencies concerned to accelerate the reform of administrative procedures, partly by adopting technological advances to speed up processing time, while simultaneously holding additional dialogues with the business community and suggesting possible incentives.
The southern metropolis is set to launch a business licensing e-platform, cutting processing times to 5-10 days, and the delivery of investment certificates by postal service, according to Director of the municipal Department of Planning and Investment Thai Van Re.
Participants asked for further incentives in infrastructure, taxation, customs, human resources, land and accommodation.
Vo Quang Hue, a representative from the European Chamber of Commerce, vowed to assist the city in upgrading its infrastructure and training a high-calibre workforce.
In 2014, the city attracted 3.26 billion USD of FDI capital, including 2.88 billion USD poured into 457 new projects.
The FDI sector exported 11.2 billion USD worth of goods, or 38.4 percent of the city’s total shipment, during the year.
By late 2014, the city recorded 5,310 valid FDI projects with 36.28 billion USD in capital.
The southern metropolis is set to launch a business licensing e-platform, cutting processing times to 5-10 days, and the delivery of investment certificates by postal service, according to Director of the municipal Department of Planning and Investment Thai Van Re.
Illustrative image
|
Vo Quang Hue, a representative from the European Chamber of Commerce, vowed to assist the city in upgrading its infrastructure and training a high-calibre workforce.
In 2014, the city attracted 3.26 billion USD of FDI capital, including 2.88 billion USD poured into 457 new projects.
The FDI sector exported 11.2 billion USD worth of goods, or 38.4 percent of the city’s total shipment, during the year.
By late 2014, the city recorded 5,310 valid FDI projects with 36.28 billion USD in capital.
14:43, 2024/11/18
Aircraft manufacturer Embraer seeks comprehensive aviation partnership with Vietnam
The Vietnamese leader urges the aircraft manufacturer to collaborate on technology transfer, airport construction and operation, research, and investment in Vietnam.
21:55, 2024/10/22
Better links with FDI firms to support Hanoi businesses
Hanoi will continue to focus on quality projects, especially with partners such as Japan, the United States, and Europe to boost technology transfer.
15:24, 2024/09/24
Vietnam calls for more US investment in innovation, hi-tech
The Vietnamese leader called on relevant agencies to resolve any challenges faced by investors and enhance the investment climate to encourage greater US investment in Vietnam.
14:13, 2024/09/23
Vietnamese leader urges Boeing to build production facility in Vietnam
Boeing is committed to continuing to support the development of Vietnam's aviation ecosystem, focusing on aviation infrastructure, human resources training, airport construction, and aircraft maintenance facilities.
14:38, 2024/09/17
Foreign capital pouring into Vietnam's real estate market
Experts are optimistic that the 2024 Land Law, once enacted, will help resolve legal bottlenecks and attract more FDI.