Dr. Nguyen Dinh Cung, former Director of the Central Institute for Economic Management, member of the Prime Minister's Economic Advisory Group set up a special working group negotiate with corporations and businesses intending to move production lines attract quality FDI after translation.
After the positive results in Vietnam's anti-epidemic, many opinions believe that high-quality FDI will enter Vietnam. Nguyen Van Be, Chairman of the Ho Chi Minh City Industrial Park Enterprises Association, assessed that Vietnam is being considered a safe destination for investors thanks to the Government's efforts in controlling and repelling the Covid-19 epidemic. . Besides, Vietnam is also a bright spot in Southeast Asia when US, European and Japanese investors are determined to move factories out of China. Dr. Nguyen Dinh Cung also forecast that there will certainly be a wave of investment capital movement. However, if we wait passively, this capital flow may not come or may come to Vietnam, but it is not a quality capital flow. In fact, over the past decades, FDI enterprises have had certain inadequacies such as exploiting natural resources, exploiting cheap labor, exploiting Vietnam's incentives, and even suppressing foreign investment. domestic company. This is the time when we need to select and receive quality FDI inflows. To do that, we have to be proactive, to act, to find investors!
Accordingly, he proposed specific actions as follows:
Set up a special working group, taking the authority of the Prime Minister to negotiate with corporations and businesses intending to move production lines.
Such action will help Vietnam know what multinational corporations are doing and what they need. At that time, Vietnam also set its own goals on how to attract capital and what it needed from investors. Mr. Cung pointed out specific actions, divided into many groups to act, some groups will invite, greet, welcome, go to meet to pull the capital they need. Can't wait, if you wait, other countries will skim the best ones. The rest just ran to Vietnam. (According to Zing News)
He also proposed more, to simplify administrative procedures, investment procedures, business ..., how to make it most convenient and fastest so as not to waste time of the business.
