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Infrastructure investment needed (17/04)
06/08/2010 - 27 Lượt xem
By the end of 2008, Thang has called for authority support on administrative procedures, land compensation and ground clearance to help boost project implementation, particularly for large projects licensed over the past two years.
He encouraged agencies to settle foreign investor disputes, chiefly related to taxes, customs and land use so as to improve the overall investment environment.
He also emphasised the need to establish investment promotion offices in key areas and to upgrade websites allowing foreign investors to more easily access information on the Vietnamese investment environment.
Frequent dialogues between Government leaders, ministries, sectors and investors was crucial to addressing investors’ difficulties, boosting their confidence and improving the investment climate in a timely manner, he added.
Viet Nam attracted around US$5.44 billion in foreign direct investment (FDI) in the first quarter of the year, a 31 per cent increase over the same period last year, according to Thang. He noted that FIA expected that number to reach $14.5 billion by year’s end.
(Source: VNS
