Mr. Phan Van Mai, Chairman of Ho Chi Minh City's People's Committee, affirmed that the city always accompanies domestic and foreign business communities.
The prominent issue is that Ho Chi Minh City must take more actions to improve the business and investment environment, reform, and shorten administrative procedures.
There are great opportunities and a bright future for US companies within sight in Vietnam despite the economic implications of the Covid-19 for the country, said Adam Sitkoff, executive director from the American Chamber of Commerce (AmCham) Hanoi, in a recent interview.
Ho Chi Minh City in the upcoming time is going to adopt a series of credit support measures such as restructuring debt repayment terms with reduction or exemption in interest and fees, maintain the same debt group in order to support bank clients negatively affected by Covid-19 pandemic.
Foreign investors maintained their trust in Vietnam despite countless difficulties last year and the country is viewed as a safe destination for development, a recent forum in Hanoi heard.
Mr. Nguyen Thanh Phong, Member of the Party Central Committee, Deputy Secretary of the City Party Committee, Chairman of the People's Committee of Ho Chi Minh City, on March 19, chaired a conference to preliminarily summarize the activities of the working group on investment and collect opinion on the plan to improve the investment environment in 2021, with the attendance of Vice Chairman of the People's Committee of HCMC Le Hoa Binh and 15 enterprises from various sectors.
Ho Chi Minh City Customs Department yesterday held a conference to talk to the community of US firms from American Chamber of Commerce in Vietnam (Amcham) to solve difficulties for them.
Value added tax increase and special consumption tax levy on soft drink might do more harm than good, small and medium firms in this field would suffer most and may stop operation, said Mr. Herbert Cochran, director of Vietnam Trade Facilitation Alliance (VTFA) in Hanoi this morning.