Sunday, September 25 2016

VietNamNews

City reassures UK investors

Update: June, 23/2016 - 18:13
City authorities have assured local and foreign investors that they will continue to meet with them regularly to discuss obstacles impeding their business and possible solutions.— Photo thanhnien.vn

HCM CITY — City authorities have assured local and foreign investors that they will continue to meet with them regularly to discuss obstacles impeding their business and possible solutions.

The city’s Party Secretary Đinh La Thăng, speaking at a meeting with British Businesses Group in Việt Nam on Tuesday, praised the BBGV for its extensive market research which had helped UK investors get a better sense of the business environment. 

Kenneth Atkinson, chairman of the BBGV, asked the Government to develop more open policies on visa extensions for businesspeople, work permits and civil dispute settlements.

Many small- and medium-sized UK firms are interested in investing here, particularly in HCM City.

BBGV, which has 490 members, will continue to connect and bring more UK firms to Việt Nam.

The UK is the eighth largest investor in HCM City, with two-way trade hitting US$875 million last year, Thăng said, adding that he hoped BBGV would continue to pursue more UK investment. 

City authorities were also urged to improve the business environment and call for more foreign investment.

In addition to more regular meetings, local and foreign enterprises will also have more opportunities to talk directly with city leaders about business difficulties and propose solutions. – VNS

 

 

 

 

 

 

 

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