Action Plan for Better Investment Environment

9:03:13 AM | 3/8/2020

The Vinh Phuc Industrial Parks Authority recently announced an action plan to fulfil its tasks to improve the local investment environment, focusing on raising the fair competition index to lift the Provincial Competitiveness Index (PCI) in 2020.

The action plan aims to further enhance the business investment environment in local industrial parks, ensure openness, publicity, transparency, friendliness, attractiveness, convenience and equality for all economic sectors, improve local competitiveness, flexibly apply legal provisions to reduce time costs and informal costs for investors, increase investment promotion effectiveness, and create motivation to attract investors and develop businesses.

The plan also specifies the implementation of the plan of the Vinh Phuc Provincial People’s Committee on raising the PCI in 2020 and Resolution 02/NQ-CP of the Government dated January 1, 2020, on continued implementation of key tasks and solutions for better business environment and higher national competitiveness in 2020. This is considered a priority task to focus on.

By Thanh Loan, Vietnam Business Forum