“Fostering institutional reforms and strengthening local management capacity are essential to overcoming the persistent challenge of foreign investment being concentrated in just a few key locations.
That was the message from Nguyễn Văn Toàn, Vice President of the Việt Nam’s Association of Foreign Invested Enterprises (VAFIE).
These steps are also vital for attracting foreign investment to less developed regions, Toàn told thoibaotaichinhvietnam.vn.
The nationwide rollout of the two-tier local administration model presents a key opportunity to advance decentralisation, streamline administrative procedures and enhance transparency, Toàn said. “- Việt Nam News
Source: Institutional Reform Key For Disadvantaged Localities
Institutional Reform Key For Disadvantaged Localities
