Review Category : Top News

Prime Minister Nguyen Xuan Phuc pledged to create a level playing field for enterprises from all economic sectors given the business community’s concerns over discrimination between the State and private sectors. At a meeting held in HCMC Apr 29, Minister of Planning and Investment Nguyen Chi Dung said all enterprises would have access to the Government’s support policies in an equal and transparent way.

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Over 50 US companies attended the “Meet the USA” conference held by Vietnam’s Ministry of Foreign Affairs and the US Embassy to Vietnam. US Ambassador to Vietnam Ted Osius said that he “would like to see the US become the number one investor in Vietnam,” but stressed that US firms were seeking more improvements in the local business climate.

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Vietnam plays an important role in the apparel and footwear sector, and it is the second-largest country of production for FLA Participating Companies. In 2011, 355 suppliers employing more than 800,000 workers manufactured products for FLA Participating Companies in Vietnam. On April 11, 2012, FLA and the Vietnam Chamber of Commerce and Industry (VCCI) launched an initiative funded by the U.S. Department of State to provide technical assistance and guidance to improve working conditions and social compliance programs at 50 apparel and footwear factories in Vietnam.

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NA Secretary General Nguyen Hanh Phuc said that the 11th, and final, meeting of the 13th session is scheduled to take place from March 21 to April 9.

Seven draft laws are expected to be approved during the event, including the Law on Information Access; the revised Law on Signing, Joining and Implementing International Treaties; the revised Press Law; the Law on Child Protection, Care and Education (revised); the Pharmacy Law (revised); the draft Law on Amendments and Supplements to articles of Law on Value Added Tax, Law on Special Consumption Tax, Law on Tax Management; and the revised Law on Import and Export Tariffs.

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