MPI Minister Nguyen Chi Dung, said that over the last 25 years of development of IZ, EPZ, hi-tech zone and EZ models, problems have surfaced — incentives are not sufficiently competitive; administrative procedures are not simple enough; and infrastructure and labor force cannot satisfy requirements.
Meanwhile, Vietnam economy has shown signs of a slowdown. Competitiveness is low and exploitation of natural advantages and resources is reaching a critical level. Vietnam’s investment climate is losing some of its attractiveness due to strong international competition. Continue reading “VN’s hopes three SEZs to attract billions of USD in investment”