Investors’ recommendations welcomed to improve business climate: PM

09:50 | 19/12/2017 Society

The government of Vietnam welcomes all feedback and recommendations of domestic and foreign investors in order to improve local policies for a better business climate, said Prime Minister Nguyen Xuan Phuc on December 18.

At the reception - Credit: VGP

He made the remarks at a meeting with representatives of local and foreign enterprises and investors in Cao Lanh City, the Mekong Delta province of Dong Thap, where he attended the Expanding Market for Fruits – Vegetables and Improving Logistics for Agriculture and Rural Development Forum shortly before.

Meanwhile, the firms and investors gathered in Dong Thap for the forum and the province’s 2017 investment promotion conference on December 19.

Vietnam’s business environment has been improved but legal shortcomings have remained, requiring continued amendments, he said.

The PM noted that he, the government and the relevant agencies always look forward to receiving feedback and recommendations from investors both at home and abroad to improve the legal framework in this area.

The Government leader welcomed all of the ideas and business plans that the firms and investors proposed during the meeting and, furthermore, urged them to ensure product safety and quality, protect the environment and have plans to encourage made-in-Vietnam goods.

According to PM Phuc, more than 24,000 foreign projects, worth over US$320 billion, are operating in Vietnam. This year, the country’s FDI inflows hit a record US$35 billion.

Several leaders of foreign firms, such as Chairman and President of the China-based Greenland Holdings Group Zhang Yuliang, Central Group Vietnam CEO Philippe Broianigo and Richard Courey, President and CEO of the Vision Transportation Group from Canada, voiced their hope to expand their business in Vietnam in multiple areas and informed the PM that they will soon carry out projects in Vietnam, including the Mekong Delta.