Vietnam to simplify visa procedures for foreign investors and experts: PM
Vietnam will continue to keep borders closed to foreign tourists for now, stated Prime Minister Nguyen Xuan Phuc.
Vietnam will continue to keep borders closed to foreign tourists for now, stated Prime Minister Nguyen Xuan Phuc.
Vietnam’s molding and precision engineering industries generate revenue of over US$1 billion per year with annual growth of 18%.
TTI wants to attract 180 – 200 local firms to join its supply chains to generate a combined revenue of US$2.5 billion per year.
In contrast to a wide range of investment incentives for multinationals, investment procedures for local enterprises, especially small and medium ones, remain complicated.
Being among the first countries in the region to reopen its economy, Vietnam should take the advantage to build upon the foundations for proactive resilience, stated PwC Vietnam.
Vietnam’s National Assembly is set to ratify the deal at the upcoming gathering on June 8.
Following 48 straight day period without new cases of Covid-19 infection, the majority of social activities have returned to normal, said Prime Minister Nguyen Xuan Phuc.
The quality of state management and administrative procedures are the top concerns of the business community, not only the progress of cutting red tape, said an expert.
Hanoi is an essential part in Vietnam – Japan relations, partly due to a growing number of Japanese nationals and enterprises in the city, said the Japanese ambassador to Vietnam.
The coronavirus pandemic had bluntly revealed the vulnerability and fragility of the existing global supply chain, especially the overreliance on China.