Reforming to attract more FDI

This is a major accomplishment for Vietnam. However, fundamental changes in policy are necessary to attract more foreign investment. At a conference on institutional reforms to attract FDI in Binh Duong province on Thursday, Deputy Prime Minister Vuong Dinh Hue said that the opinions and suggestions of localities, ministries, and enterprises will be the foundation to develop new FDI attraction policies in the future.

The Deputy Prime Minister said in the future more power needs to be allocated to local governments in order to attract more multinational companies.