Domestic and foreign businesses have all wished for incentives from the Vietnamese Government and local authorities for better operations, according to a recent survey released at a seminar in Hanoi on June 26.
Nearly 1,500 responded firms have expressed hopes to receive tax incentive, financial support, and opportunities to access loans, according to Patrick Gilabert, a representative from the United Nations Industrial Development Organisation (UNIDO).
The findings revealed that with incentives foreign businesses have operated more productively, tended to use a large number of workers, achieved higher productivity and had greater investment than local peers.
In the survey, foreign businesses gave high estimations to Vietnam’s political stability and better business environment, saying these were important factors for them to carry out investment projects there.
Deputy head of the Foreign Investment Agency under the Ministry of Planning and Investment, Dang Xuan Quang, called for relevant agencies to work together to introduce incentives suitable for international practices as well as reality in Vietnam to attract more foreign investors.-VNA
Nearly 1,500 responded firms have expressed hopes to receive tax incentive, financial support, and opportunities to access loans, according to Patrick Gilabert, a representative from the United Nations Industrial Development Organisation (UNIDO).
The findings revealed that with incentives foreign businesses have operated more productively, tended to use a large number of workers, achieved higher productivity and had greater investment than local peers.
In the survey, foreign businesses gave high estimations to Vietnam’s political stability and better business environment, saying these were important factors for them to carry out investment projects there.
Deputy head of the Foreign Investment Agency under the Ministry of Planning and Investment, Dang Xuan Quang, called for relevant agencies to work together to introduce incentives suitable for international practices as well as reality in Vietnam to attract more foreign investors.-VNA
