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Vietnam’s economic reform well on track: Incham (27/4)
27/04/2011 - 14 Lượt xem
New sets of regulations and new modern equipment and technology at Vietnamese ports and management agencies show that the country’s economic reform to boost trade and production is well on track, said the Indian Business Chamber in Vietnam.
Those new changes have been very helpful to foreign businesses, especially Indian firms, said Mohan Kumar, Incham chairman.
But more are in need, including more simplified procedures and more transparencies in state management mechanism, to speed up the reform, said Kumar.
We are expecting more favorable economic policies and their adoption from now to the end of this year so that the Indian-Vietnam bilateral trade target this year will be fulfilled and more Indian investors will see their opportunities here in Vietnam, Kumar added.
Indian business community in Vietnam is also calling for the opening of a direct air route between the two countries.
The ideas have been given on the sideline of a recent seminar, Vietnam latest regulations 2011, organized by Incham in Ho Chi Minh City.
The event focused on informing Indian business and their Vietnamese partners about new regulations and updates from HCMC state management agencies including the Department of Labor, Invalids and Social Affairs, Department of Planning and Investment, Customs Department and Tax Department.
Guest speakers of the seminar included Ho Chuong Duong from the Labor-Salary-Wage Department, Lai Tuan Phuong from Department of Planning and Investment, Nguyen Huu Nghiep, vice director of Customs Department, and Nguyen Trong Hanh vice director of Tax Department.
Source: TuoitreNews.
