3:26:37 PM | 7/8/2005
The Vietnamese government will try its best to work out effective measures to make the local investment environment more attractive and competitive so that foreign investors operating in
The meeting, held in
“The government will amend the policies on tax, import and export and land rent and will speed up administrative reform and offer more investment incentives to foreign investors,” Khoan said.
At the meeting, leaders of the Ministries of Planning & Investment, Finance and Industry and the State Bank of
“What both domestic and foreign investors are concerned about is to be able to operate in a transparent and equal opportunity investment environment,” said Alain Cany, chairman of the European Chamber of Commerce (Eurocham) in
“The Vietnamese government has made great efforts to improve the local investment environment. Over the last 15 years, some 5,000 FDI projects capitalized at US$50 billion have become operational in the country,” Alain.
Deputy Chairman of the American Chamber of Commerce Walter Blocker said that the Vietnamese government should consult FDI enterprises before it issues any new investment policies.
“The government should also reduce corporate income tax, remove the regulation that limits the salary of workers in FDI enterprises and improve the customs pricing system to facilitate the operations of FDI firms,” Walter said.
By March 20,
T.V