Ho Chi Minh City focuses on removing difficulties for foreign businesses

Friday, 24/02/2023 10:15
A seminar has been hosted by the Ho Chi Minh (HCM) City People’s Committee with representatives of 18 foreign business associations in the city discussed ways to create a more attractive environment for foreign investors.
Overview of the seminar. (Photo: nhandan.vn)

Mr. Phan Van Mai, PCC member, Standing Deputy Secretary of the City Party Committee, and Chairman of the City People’s Committee, chaired the seminar.

Speaking at the seminar, representatives of a number of foreign businesses and associations reflected many difficulties and problems related to administrative procedures, mechanisms, and policies in investment and business activities, as well as inadequacies and limitations on living environment, transport infrastructure, health care and social security of the city.

In particular, many comments suggested that the city should consider simplifying the visa policy, creating more favorable conditions in extending visas for foreigners with quick processing and longer stay time. Along with that, it is necessary to be open in dealing with the issuance of permits for foreign workers.

Foreign businesses and associations expected that the city would further develop the public transport system and create favorable conditions for foreign enterprises to invest in high-quality medical, educational and healthcare services. At the same time, they also suggested that the city should further accelerate the digital transformation process, digitize administrative procedures, and focus on training a highly qualified workforce. 

Many questions and problems of foreign businesses were answered by Chairman of the City People’s Committee Phan Van Mai and leaders of relevant departments and agencies at the seminar.

Deputy Director of the City Department of Planning and Investment Dao Minh Chanh said that the city aims to become a smart city by 2025, a service and industrial city in the direction of modernity, maintaining its role as the economic locomotive of the country. It strives to achieve a GRDP per capita of 8,500 USD a year.

Chairman Phan Van Mai said that the city recognized the great contribution of the foreign business community to the goals that the city has achieved in 2022, while affirming that the City Government will always create the best conditions, within the framework of the law, for foreign businesses and associations in Vietnam to operate more and more effectively.

The city will also organize more meetings and direct dialogues with foreign business associations, he added./.