Dear GBA members,
Our Co-Chairman Mr. Torben Minko and EuroCham Delegate Mr. Alexander Ziehe are attending the conference with the Prime Minister Pham Minh Chinh together with the leaders of ministries and localities on this Saturday, 22nd April 2023 at the Government Office Headquarters in Hanoi. In collaboration with the Ministry of Planning and Investment, we would like to invite you to attend this high-level dialogue to share the common difficulties and discuss solutions to improve the efficiency of investment cooperation in Vietnam in the upcoming time.
– Date: Saturday, 22 April, 2023
– Time: 8:00 am – 11.30 am
– Hybrid format: (In-person) Government Office Headquarters, 1 Hoang Hoa Tham Street, Ba Dinh District, Ha Noi & (Online) Webex Online Platform
– Language: English and Vietnamese
– Participation:
+ Chairman: Prime Minister Pham Minh Chinh
+ Leaders of ministries and localities; associations and foreign-invested enterprises in Vietnam and large foreign corporations and investors.
Click here>>> to join the meeting online | Click here>>> for the log-in instruction
Click here>>> for the updated agenda
During the conference, we will address the current trigger points that many of our members are stressing to us and propose the following solutions directly to the Prime Minister to improve the local investment environment in the upcoming time to boost the Vietnamese economy:
1) Simplifying, digitalizing and streamlining administrative procedures, in particular in the areas of customs, cross border finance and operations. Our members face daily challenges in these areas resulting in delays, avoidable costs and slow down of business activities. Some examples are red tapes on promotions that involve discounts, VAT refunds, customs clearance.
2) Eliminate local testing requirements for European Certified products along all sectors to foster free trade with the European Union and easier imports of needed goods and machinery. This would include the end of conformity declarations for EU certified products.
3) Further easing licensing, work permits and visa. More specifically we recommend revising Article 17. Point 20 and Appendix 1. Item A of Decree No 31/2021/NĐ-CP dated Mar 26, 2021 on Elaboration of the Law on Investment, by opening prohibited sectors for foreign investments, including cross-border trading and temporary import-export trading to enable foreign businesses in further expanding in Vietnam.
4) Create further tax incentives and consumption stimulus packages in preferred sectors in line with the long term strategies of the Vietnamese government, for example in the area of green economy.
For any inquiries please contact Anna at anna@gba-vietnam.org