European business leaders in Vietnam are more optimistic about the country’s business environment following the ending of lockdowns and the ‘new normal’ of post-pandemic trade and investment.
With 70.36 out of 100 points in the provincial competitiveness index, Quang Ninh shows the best business environment in Vietnam, followed by Dong Thap, Long An and Ben Tre.
Although getting a higher score compared to that of last year, Vietnam drops one place in ease of doing business ranking.
Vu Tien Loc affirmed that over the past years, the reform of Vietnam business environment and the implementation of free trade agreements have created breakthroughs but the spillover of foreign direct investment (FDI) is still very low.
The sentiment of European and Europe-linked companies in Vietnam when it comes to theconditions for business in the Vietnamese market is moderately positive, according to EuroCham.
The Australian $6.5 million program is expected to assist Vietnam’s government in achieving business environment and bringing Vietnam closer to the market economy.
'SOEs reform will be the key in driving the evolution of the Vietnam economy', according to a high-calibre officer of Japan headquartered Sumimoto Mitsui Banking Corporation.
Publication permit No. 348/GP-BTTTT dated July 19, 2017, granted by the Ministry of Information and Communications of the Socialist Republic of Vietnam
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