Vietnam remains a country with a competitive advantage in attracting foreign investment, according to Chairman of the Vietnam Association of Foreign Invested Enterprises.
The program targets to cut and simplify at least 30% of unnecessary investment conditions, and at least 30% of time required for processing administrative procedures, and reduce compliance costs by 30% in 2025.
The Thanh Cong Viet Hung plant mainly producing and assembling commercial vehicles under the Skoda brand - one of the oldest automobile manufacturers from the Czech Republic.