Minister – Chairman of the Government Office Mai Tien Dung speaks at the Government’s regular press briefing on May 5 (Photo: VNA) Hanoi (VNA) – Transnational businesses areconsidering shifting their facilities, which is a challenge but also a goodopportunity for Vietnam, and the country should prepare to welcome a wave ofinvestment, Minister – Chairman of the Government Office Mai Tien Dung said onMay 5.
At the Government’s regular press briefing, the officialsaid other countries have highly valued Vietnam’s achievements in the COVID-19prevention and control, thereby helping to promote the people, businesses andinternational community’s trust in the nation.
It’s the fact that Vietnam is one of the reliabledestinations with a safe and efficient investment environment, Dung noted.
He also quoted Prime Minister Nguyen Xuan Phuc as sayingthat the Cabinet’s meeting earlier the same day that sectors and localitiesneed to step up attracting foreign direct investment (FDI) as major partners are moving to change theirinvestment and business strategies so as to disperse risks, especially amidnegative impacts of the COVID-19 pandemic, and Vietnam has emerged as afavourable destination.
The PM also requested ministries, sectors and localities to continue drastically implementing the Government’s Resolution 35/NQ-CP andResolution 02/NQ-CP to strongly improve the business climate and enterprises’competitiveness, along with Directive 11/CT-TTg on urgent tasks and solutionsto tackle production and business difficulties and ensure social security inresponse to COVID-19.
Dung said under the PM’s directions, social restrictionswill be eased gradually so as to bring socio-economic activities back tonormal.
PM Phuc ordered achieving the dual target of pandemic control andsocio-economic development, noting that as the epidemic has beeninitially put under control, the focal task now is fostering production andbusiness activities, creating jobs, ensuring people’s lives and promotinggrowth.
He demanded that Vietnam must obtain a GDP growth ratehigher than the IMF’s forecast of 2.7 percent, the highest in SoutheastAsia, in 2020.
At the Government’s meeting, the PM also told sectors andlocalities to soon devise and carry out plans to recover socio-economic developmentthat match developments of the pandemic in the country and the world, resolutelyprevent another outbreak, ensure the supply of essential goods, protect farmers’interests, and guarantee food security in any circumstances, Dung added./.
VNA
