VIETNAM: Hanoi Enhances Conditions to Attract Major Corporations

On July 19, 2024, the Hanoi People's Committee issued a directive to improve the quality and efficiency of foreign direct investment (FDI) management. The directive instructs relevant agencies to enhance infrastructure, streamline administrative procedures, and support investors to attract high-quality, large-scale projects. It emphasizes improving industrial park infrastructure and expediting investment capital disbursement, while also assigning the Department of Planning and Investment to oversee and evaluate these efforts.

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