Vietnam’s business environment is still good for investors to consider long-term investment projects despite the current economic hardships, an expert said.
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| Finance-banking expert Pham Nam Kim |
Pham Nam Kim, a Vietnamese finance-banking expert working in Switzerland, made the comment during a seminar to swap information on investment opportunities in trade, education, science – technology and tourism between Vietnam and Switzerland, which was held in Berne on December 18.
The Vietnamese Government has set out a series of priorities and incentives to attract foreign investment. Projects invested in remote areas are given preferential treatment regarding land-use and environment protection fees.
The Southeast Asian country also benefits from a stable politic system and Government’s commitment to reform.
Mr. Kim recommended that Vietnam should shield their economic achievements amid the global economic difficulties to reassure foreign investors in the long-term.
Minh Tri Amacher, General Director of the Switzerland – based TRISTAR Consulting Ltd, said that legal corridor, infrastructure and educational standards of local people including foreign language command are three crucial factors in boosting trade and attracting foreign investment.