Eurocham Moves to Boost European Investment in Vietnam
The European Chamber of Commerce and Industry (EuroCham) has published the 2nd White Book on trade and investment issues and European businesses’ recommendations to promote European investment in Vietnam.
The book which collects opinions from more than 650 Eurocham members is considered as the chamber’s constructive contribution to the Vietnamese economic development.
The book focuses on the proposals relating to “hot issues” in Vietnam, including offering more incentives for European firms in the areas of telecom, energy, medicine and retail.
The Vietnamese government is also urged to boost the privatization and fight against corruption, which is a great barrier for the investment inflow from Europe.
EuroCham also said Vietnam’s early and full implementation of the commitments with the World Trade Organization (WTO) in 2010 will be a key factor to attract more European investors.
The publication will be introduced on November 26 prior to the Consultative Group (CG) Meeting which is slated to open in Hanoi on December 3-4.
On this occasion, Eurocham will join hands with the Vietnam Chamber of Commerce and Industry (VCCI) to hold a roundtable with representatives from eight local ministries and agencies in Hanoi on November 25. (VNA)
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