Hanoi (VNA) – The ongoing state apparatus restructuring will not affect Vietnam’s business and investment environment, affirmed Spokeswoman of the Ministry of Foreign Affairs Pham Thu Hang.
During the ministry’s regular press conference in Hanoi on February 13, Hang said restructuring is a regular practice of countries to make the state apparatus aligned with its functions and duties in the new era. The policy of streamlining the state apparatus for increased efficiency and capacity was introduced in 2017, carefully prepared, and implemented with a suitable roadmap.
Vietnam has introduced regulations to simplify investment procedures, making it easier for foreign firms to establish long-term operations in the country, she noted.
Addressing queries about railway projects linking Vietnam and China and their impact on bilateral ties, she said they are part of efforts to implement the strategic breakthrough in building a modern infrastructure system - one of the three strategic breakthroughs outlined in the Resolution of the 13th National Party Congress. These projects also aim to enhance connectivity among economies, including road, rail, and logistics infrastructure, to meet the country’s development and integration needs, and aligning with the development trends of the new era, she added.
Once completed, the rail lines between Vietnam and China will further facilitate their travel and exchanges, while boosting economic, trade, investment and tourism cooperation, not only between the two countries but also within the broader region, she stated./.
