越南拟减少30%行政手续以吸引外资

Group 1 - Vietnam aims to become a more attractive investment destination in Southeast Asia by committing to reduce paperwork by 30% to optimize the business environment and attract more foreign companies [1] - The Vietnamese government plans to shorten the approval time for certain business applications from 10 days to 5 days and has prohibited officials from requiring paper forms when online processing is available [1] - The Foreign Direct Investment (FDI) sector significantly contributes to Vietnam's economy, accounting for over 70% of total exports and more than 20% of GDP, while directly creating jobs for over 5 million workers [1] Group 2 - Bureaucratic administrative procedures are a major obstacle for investors in Vietnam, with some approval processes taking 3 to 5 years or longer, which can lead to missed opportunities and discourage investment [2] - To maintain strong economic growth and attract foreign direct investment, the Vietnamese government is implementing significant reforms in tax, investment, planning, and approval processes, including the recent passage of a revised Investment Law [2] - Recent challenges to Vietnam's economic growth include severe storms disrupting food production and business activities, as well as U.S. tariff policies affecting exports, leading to a downward revision of growth forecasts by the Asian Development Bank to 6.4% [2]