FDI businesses confident in Vietnam’s investment environment
(VOV) - Foreign enterprises remain confident the Vietnam Government is fully capable and will maintain security and safety for investors. Many have confirmed that they will continue investing in Vietnam.
The view was shared by representatives of FDI businesses in a meeting with the Vietnam Chamber of Commerce and Industry (VCCI) in HCM City on May 30.
The event aimed to exchange information and identify challenges FDI enterprises faces following recent social disturbances in the south, to help them stabilise operation.
Liu Mei Teh, Chairwoman of the Council of the Taiwanese Chambers of Commerce in Vietnam, recommended that the Vietnamese State should urge insurance companies to quickly value damages caused by extremists and compensate businesses because it directly affects their production.
Phua Koon Kee, vice president of the Singapore Business Group, suggested a more rapid response from relevant agencies to such future social disorders, and said the government should take more active steps to restore business confidence.
Other representatives asked the government to share financial burdens FDI businesses are shouldering in paying employees during day-offs. In Dong Nai, some companies required employees to work extra time to make up unpaid day-offs.
Vu Tien Loc, Chairman of the VCCI said that the chamber will cooperate with trade unions and authorities to provide sufficient information and guidance for employees. He assured FDI businesses that they believe in political stability in Vietnam and that they are provided with the best possible conditions to operate in the country.