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Action plan approved to implement foreign investment cooperation strategy

Deputy Prime Minister Tran Luu Quang has freshly signed a decision to approve an action plan for implementing the 2021-2030 national foreign investment cooperation strategy.
Action plan approved to implement foreign investment cooperation strategy ảnh 1At the Japanese-funded NMS Vietnam Co., Ltd. (Photo: VNA)
Hanoi (VNA) – Deputy Prime Minister Tran Luu Quanghas freshly signed a decision to approve an action plan for implementing the 2021-2030national foreign investment cooperation strategy.

As per the plan, the Ministry of Planning and Investment (MoPI)is assigned to submit to competent authorities a draft revised law on biddingwithin the 2022-2023 period; and the Ministry of Finance a governmental decree amendingand supplementing Decree 08/2015/ND-CP concerning the implementation of the customs law in2023. 

The Ministry of Industry and Trade, meanwhile, isresponsible for drafting the Prime Minister's Decision on building a supportingindustry development programme for 2026-2030, which should be submitted to authorised agencies by 2025.

Reports by agencies and localities involved on theimplementation of the strategy are set to be sent to the MoPI before October 30annually.

The decade-long strategy aims to raise the proportion ofregistered foreign investment flows from certain countries and territories toover 70% in the 2021 - 2025 period and 75% in 2026 - 2030. The certain countries and territories comprise those from Asia, Europe and the US.

It also targets toincrease the number of multinationals listed in Fortune Global 500 doingbusiness in Vietnam by 50 percent by 2030./.

VNA

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