To
overcome its shortcomings, the implementation and the reorganization of
state management tasks over FDI activities need to be strengthened.
According to the direction of the Prime Minister, the Ministry of
Planning and Investment adopted a draft circular focusing on
strengthening the inspection, monitoring and evaluation of FDI
activities to examine their compliance with the law provisions on
granting investment certification or implementation of FDI projects.
State
management authorities will implement inspections of FDI projects under
the plan to examine their compliance with the law. In addition, the
authorities will regularly monitor the implementation of FDI projects
to ensure the goal and effectiveness of projects. All these above
activities will be implemented in order to detect mistakes, violations
and weaknesses; make proposals to authorities in order to handle
difficulties and problems; and ensure the goals, progress and
effectiveness of FDI projects.
The
state authorities will conduct an analysis and determine the capacity
of investors; determine the progress of project implementation and the
effectiveness of each project in terms of socioeconomic development
from the inspection in order to rank them in descending order.
The
state management authorities will also inspect and monitor state
management tasks. These activities will be regularly implemented to
examine the granting of investment certifications and the compliance
with planning in order to detect and correct mistakes, weaknesses and
problems during the implementation period; and supervise the handling
and execution of measures in terms of existed problems. In addition,
the state management authorities will commend and reward organizations
and individuals recording achievements in the implementation of
policies and investment laws.
The
state management authorities can examine, monitor and evaluate not only
FDI projects in Vietnam but also authorities in the process of granting
or withdrawing investment certifications of FDI projects with its
circular. Pointing out the inadequacies of the policies needed to be
changed and mistakes in order to correct and improve the efficiency of
foreign investment activities is a solution to creating a healthy
investment environment in Vietnam and to making the Vietnamese
investment environment more attractive./.
Source: VEN.