In 2017, to enhance the role and the responsibility of private enterprises, the Government issued Resolution 98/NQ-CP dated October 3, 2017 on the action program to implement the Party’s Central Committee’s Resolution 10-NQ/TW dated June 3, 2017 on the development of the private sector economy to an important driver of the socialist oriented market economy. Later, the Politburo issued Resolution 50-NQ/TW dated August 20, 2019 on foreign investment. These are two important documents, which need coordination for synchronous implementation to rectify the shortcomings in FDI attraction and to develop the private sector economy for alliance with FDI to bring about the best benefit for the country. … [Read more...] about Private sector development to enhance FDI efficiency
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Netherlands ready to support HCMC in projects against flooding
At the meeting, the city leader expressed his pleasure at good friendly and cooperative relations between Vietnam and the Netherlands, especially since the establishment of the diplomatic ties in 1973 and strategic partnership relations in water management and climate change adaptation in 2010. The Netherlands is currently the major trading partner and the eighth largest foreign investor of Ho Chi Minh City with 153 projects having the total investment capital of nearly US$2 billion. On the base of the desire to strengthen the mutual cooperation in the fields of climate change adaptation and sustainable agricultural development, HCMC has made efforts to materialize the potential cooperation, notably the public-private partnerships (PPP) initiative for the Sustainable Greater Ho Chi Minh City Flood Protection Scheme. As for Mr. Elsbeth Akkerman, she highly appreciated achievements of Ho Chi Minh City in the fields of urban infrastructure and public transport development. … [Read more...] about Netherlands ready to support HCMC in projects against flooding