PM expects more Vietnamese multinationals to emerge by 2045
Dialogue 2045 aims to realize the country’s desire for prosperity by 2045 as set out in the Resolution of the 13th National Party Congress.
Dialogue 2045 aims to realize the country’s desire for prosperity by 2045 as set out in the Resolution of the 13th National Party Congress.
One third of such number would be able to take part in global supply chains of multinationals in Vietnam.
Prime Minister Nguyen Xuan Phuc wants the MoF to continue its reform process and set up a development strategy for the next five to ten years, which is essential during a strong volatile world with high risk of financial crisis.
Hanoi would take this crisis as an opportunity to reshuffle economic activities and attract investment from multinationals, said a city leader.
Hanoi holds numerous advantages in attracting foreign direct investment (FDI), but the important issue would not be the quantity, but the quality of investment.
In contrast to a wide range of investment incentives for multinationals, investment procedures for local enterprises, especially small and medium ones, remain complicated.
The main objective of the task force is to approach potential investors looking for new destinations and support those that are having difficulties during their operations in Vietnam.
The Vietnamese government is committed to preparing all necessary conditions to meet demands of multinationals, stressed Prime Minister Nguyen Xuan Phuc.