Vietnam fine-tunes mechanism to improve management capacity
(VOVWORLD) - Despite the COVID-19 pandemic, newly-registered capital in Vietnam by foreign investors reached more than 22 billion USD in the first nine months, up 4.4% from last year, according to an online conference on the Government Portal on Monday.
 The online conference themed "COVID-19 and FDI: Impact and Prospect" takes place on the Government Portal on September 27, 2021. (Photo: VOV) |
Deputy Minister of Planning and Investment Nguyen Thi Bich Ngoc said the figures reflect the Government’s special attention to improving the business climate for investors.
"The COVID-19 pandemic gives us an opportunity to improve our institutions, governance capacity, and business investment environment to promote e-Government," Ngoc said.
Ministries and agencies should continue to review business investment conditions and help investors gain market access, she said, adding that the pandemic is also an opportunity to develop our digital economy and pharmaceutical industry and drawing more foreign investors to Vietnam.
In recent years, the Government has paid special attention to creating a healthy, fair, and transparent business investment environment.