VAFIE commits to accompanying member enterprises

The fifth congress of VAFIE outlining the association's goals for the 2019-2023 term

On April 19, VAFIE successfully organised the fifth congress for the 2019-2023 term and re-elected professor Nguyen Mai, former vice chairman of the State Committee for Co-operation and Investment (now the Ministry of Planning and Investment) as chairman and Nguyen Anh Tuan as permanent vice chairman. Besides, the editor-in-chief of Vietnam Investment Review Le Trong Minh was elected onto the association’s executive committee.

Speaking at the congress, Nguyen Mai said that during the fourth congress, the association was involved in building policies on foreign investment attraction, while simultaneously advising and protecting their legal benefits.

Notably, VAFIE submitted numerous proposals to the Ministry of Planning and Investment (MPI) and other authorities of the government and the National Assembly to complete laws and decrees.

Besides, the association proposed the Minister of Planning and Investment to organise the national conference on 30 years of FDI attraction in Vietnam, as well as proposed the orientation on attracting foreign-invested capital. Furthermore, VAFIE co-operated with the Foreign Investment Agency and other authorities in building the scheme to increase the quality of foreign-invested capital.

During the fourth congress, VAFIE made an effort to expand its relations with units under the MPI and other ministries as well as departments in cities and provinces. Especially, the association set up the international co-operation board to connect with foreign associations like AmCham and KorCham to organise investment promotion programmes and conferences.

In the fifth congress, the association will continue connecting members with each other, paying special focus on provincial member associations and organise more investment promotion programmes to be a bridge between enterprises and locals.