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On February 22, EuroCham Chairman Alain Cany addressed the leaders of Ho Chi Minh City and foreign business associations to discuss the city’s economic prosperity. EuroCham, along with other foreign business chambers, had a meeting with the HCMC People’s Committee and the city’s departments to discuss the city’s socio-economic development vision and orientation for 2023, and the difficulties and problems faced by the foreign business community.
During the meeting, Chairman Alain Cany delivered a speech with actionable recommendations to ensure HCMC’s enduring success. He proposed several measures, including extending visa exemptions to 30 days and expanding it to citizens of all EU member countries, speeding up processes at Tan Son Nhat International Airport, and implementing the “in principle approval” procedure only for foreign investors falling under Article 26.2 of the Investment Law. He also suggested the city have a policy to support the adoption of electric vehicles, urging HCMC to utilize technology to streamline administrative procedures, and introducing green building certificates. In his concluding remarks, Mr. Cany expressed optimism about HCMC’s future and stressed the need for closer communication between the business community and city authorities. Click here to read his full speech.
Photo credit: Vietnam Investment Review
During his speech, Chairman Phan Van Mai emphasized the city’s commitment to economic development by inviting suggestions from businesses to improve current procedures. He further explained that Ho Chi Minh City aims to become a smart, modern, and industrial city, while maintaining its position as the economic center of Vietnam.
EuroCham is honored to have played a pivotal role in these essential discussions, helping shape the future of Ho Chi Minh City. As a committed partner to the city’s leaders and business community, we eagerly anticipate the opportunity to continue working together towards a shared goal of promoting sustainable economic growth and development in the region.
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