Prime Minister Nguyen Xuan Phuc (Photo: VNA)
Hanoi (VNA) - Many investors have considered Vietnam as a safe investment destination with a lot of advantages after the COVID-19 pandemic is pushed back, heard a meeting of permanent government members chaired by Prime Minister Nguyen Xuan Phuc in Hanoi on May 22.
The meeting also saw the attendance of leaders from several ministries, sectors and provinces and cities which have attracted large sums of foreign direct investment (FDI), and economic experts.
According to experts, the investment flow is expected to be poured into four industries: information technology and high technology, electronic equipment, e-commerce and logistics, consumer goods and retail. Therefore, localities should recognise and seize this opportunity to draw investment.
PM Phuc said Vietnam has achieved initial successes in fighting COVID-19, but it isnecessary to focus on developing the country to realise the dual target ofpreventing the pandemic and boosting socio-economic development.
ThePM asked the participants to deliberate concrete measures to optimise theinvestment flow shifted to Vietnam, especially from major multinational groupsand high-tech firms.
Hesuggested attracting selective projects, aiming at big multinational groupsutilising new cutting-edge and environmentally friendly technologies.
The Government leader requested building aproject to address bottlenecks for investors such as land clearance and humanresources.
Heagreed on the establishment of a working group in charge of this matter, which is headed by the Minister of Planning and Investment.
Emphasisingthe role of the communication work, PM Phuc suggested promoting Vietnam as anattractive investment for investors and tourists.
TheGovernment, localities and sectors must create optimal conditions in terms ofproduction premises, necessary and attractive incentives, administrative procedures, and humanresources, he said.
Attracting foreign investment with high-tech and high addedvalue projects is an essential trend, the PM said, adding that authorities should make it easier for alleconomic sectors, particularly the private one, to successfully do business in Vietnam./.
