With an increasingly open business environment, and continuing international integration, Vietnam has long been regarded as a promising destination for foreign investment.
The Satisfaction Index of Public Administration Services (SIPAS) 2019 is scheduled to be released this April, according to the Ministry of Home Affairs (MoHA).
Corruption increases the cost of doing business, distorts the competitive environment, limits opportunities for investment and widens the growing social inequality, according to a UNDP expert.
New-generation Free Trade Agreements (FTAs) are expected to help Viet Nam become more competitive if the country reduces trading costs and improves its business environment, experts said on Tuesday at a conference in HCM City.
The Law on Enterprises has undergone amendments since the first incarnation 20 years ago, which impacted the change in business freedom and contributed to a fair, and non-discriminatory business environment.
The number of expats in Vietnam rose from 72,172 in 2013 to 88,845 in 2018, the majority of whom are holding key positions, including manager, CEO and technician.