Viện Nghiên cứu Chính sách và Chiến lược

CỔNG THÔNG TIN KINH TẾ VIỆT NAM

Strengthening inspection and monitoring of FDI activities (05/11)

05/11/2012 - 18 Lượt xem

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.