Prime Minister calls for rapid investment promotion
Hanoi (VNA) – The Prime Minister has urged the Ministry of Planning and Investment to speed up investment promotion in order to create a breakthrough in drawing foreign direct investment (FDI) in key economic areas.
In a circular issued recently, the PM asked the ministry to analyse the competitive edge of Vietnam ’s investment environment in comparison with that of other countries in the region to clarify the advantages and challenges facing the country.
The ministry was also asked to speed up implementation of a blueprint on FDI disbursement.
Meanwhile, the Ministry of Industrial and Trade was given the responsibility to work with relevant ministries and agencies to beef up the planning and development of auxiliary industries.
It was also made responsible for proposing preferential policies to encourage the involvement of non-State enterprises in developing auxiliary industries.
The PM also urged the Ministry of Natural Resources and Environment to ensure proper land use when appraising proposals to replace agricultural land with industrial and economic zones, and even golf courses.
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