Vietnam welcome more and more investment

 Vietnam has been more and more reliable partner in ASEAN and the world. With developing economy into an entire part of the global market. Vietnam joined to full and rigorous implementation of our commitments to the WTO, ASEAN FTAs with Japan, India, the Republic of Korea, Australia and New Zealand, especially Vietnam – Japan Agreement is signed on Economic Partnership and our contribution in the ASEAN Community development.

 Today, Vietnam is concentrating on restructuring the economy and our growth model, with emphasis in reforming of the investment environment, restructure economic model with a well-built banking system, and reduce the number of state owned enterprises. Beside Vietnam also have a priority to maintain social welfare and fight against the corruption.

In long term, Vietnam focus on 3 goals, detailed in the Social and Economic Strategy for 2011 – 2020:

• Building market economy institutions and mechanism with emphasis on fair, transparent, efficient business.
• Developing human resources, especially high skilled resources.
• Building integrated infrastructure to support economic growth.

 Relationship with the United States is very important in Vietnam’s development strategy, especially in economy and trading cooperation. Vietnam welcome US investment and trade, especially high technique areas. Vietnam also hope that there more and more Vietnamese products, cash crops are reaching to American consumers. Economic cooperation in the framework of TTP negotiation will be passed as well as other aspects of trade and investment.

 As a nation characterized by old-aged history and culture, diversified natural resources, young, dynamic and skillful labor force, and political and social stability, Vietnam will continue to be a market full of potentials and an ideal destination for international investors and businesses.

Followed: Vietnam Economic News

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Visa team of Vietnam-evisa.org