Minister of Industry and Trade Tran Tuan Anh on May 15 talked on the phone with Romanian Minister of Economy, Energy and the Business Environment Virgil - Daniel Popescu.
Although Vietnam has made strides in bettering the business environment and competitiveness capacity, there’s still room for improvement, heard participants at a meeting held in Hanoi on December 6.
Vietnam was placed 67th out of the 141 countries in the Global Competitiveness Report 2019, up 10 places compared to its 2018 ranking and also up 3.5 points, which are the fastest increases in the world.
The Vietnamese Government will create optimal conditions for US enterprises to invest successfully in Vietnam and is willing to listen to their recommendations to improve the local business environment, said Prime Minister Nguyen Xuan Phuc.
The Vietnamese Government has issued a resolution on continuing with solutions and tasks to improve the business environment and increase national competitiveness in 2018 and beyond.
The banking sector will enjoy another strong year in 2018, experts told a seminar in Ho Chi Minh City this week.
Over the past two years, Vietnam has focused on increasing competitiveness and improving the local business environment to develop a sustainable economy.
According to the World Bank Group’s annual ease of doing business report, Vietnam ranked 82 out of 190 economies.
Hanoi - Local enterprises face barriers in doing business, and they expect the State to improve the domestic business environment in order to encourage the development of enterprises.