Chairman Phan Van Mai of the Ho Chi Minh City People's Committee has requested that the city focuses on implementing tasks and solutions to promote administrative reform, improve the business and investment environment, and enhance competitiveness.
The quick recovery of Ho Chi Minh City in 2022 after the 4th Covid-19 pandemic outbreak has formed a strong foundation to complete its 5-year plan from 2020 and to maintain its leading position in the national socio-economic development.
In the last decade, the fishery sector in Vietnam has been thoroughly restructuring to be more professional and modern via the use of IT and digital transformation. This has brought about great achievements and performance boost.
Deputy Prime Minister Le Minh Khai has just signed Resolution No.163/NQ-CP on promoting the synchronous implementation of key tasks and solutions to enhance competitiveness and boost the logistics industry in the country.
The effective adjustment of specialized inspection as well as the application of electronic customs procedures has made import-export activities smoother in Vietnam, greatly contributing to forming a more attractive trading environment for both domestic and foreign companies so that they can take better advantage of free trade agreements.
It is essential for Vietnam to promote investment in training for high-quality human resources, especially in hi-tech industries. This is the recommendation from foreign enterprises to the Government in the recent meeting between the Prime Minister and foreign-invested businesses.
Ho Chi Minh City is going to apply the new fee for the use of the infrastructure and public utility services at border gates and seaports in the city from this April 1. Many businesses have shown the inappropriateness of this new rate and the fee division method to Sai Gon Giai Phong Newspaper.
The total export turnovers of Vietnam since January 2022 has reached US$39,58 billion, an increase of 2.7 percent compared to last year, showing positive signals to the national economic recovery. However, many domestic enterprises are still concerned about the current dual pressure of fuel price rise and technical barriers to trade (TBT).
Vietnamese agricultural products are exported to many countries, with an average turnover of more than US$3 billion per year. However, Vietnamese agricultural products have not yet brought into play their strengths to compete with many other countries, due to high logistics costs. To reduce costs, each production region needs to build a logistics center to increase competitiveness and improve product quality.
The year 2021 is the first year to implement the socio-economic-cultural development plan in Ho Chi Minh City from 2021 to 2025, at the same time, it is the year that the industry and trade will carry out many important projects approved by the People’s Committee of HCMC.
Last year, Vietnam recorded many positive results in business environment improvement. However, in the context of the global and regional reforms, these results were quite modest, especially, competitiveness 4.0 of Vietnam still ranked sixth among countries in the ASEAN.