High-quality personnel is an important factor to attract FDI

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Speaking at the “Connections for Development Forum 2021” which was organized by the Vietnam Economic Review and the Ministry of Foreign Affairs on April 26, Dr. Vu Tien Loc, President of Vietnam Chamber of Commerce and Industry (VCCI) , said that the preparation of high-quality human resources needs to be more active. Specifically, Dr. Loc said that FDI enterprises are extremely interested in high-quality human resource which is still limited in many localities. Even when they accept the imported personnel from third country like China, the procedure is also extremely difficult, which hinders businesses and needs to be resolved.

Sharing with Dr. Loc, Mr. Nguyen Hai Minh – EuroCham’s Vice Chairman and CEEC’s Executive Committee Member – said that many European businesses are planning to invest in Vietnam. In addition to big cities like Hanoi and HCMC, few localities have met the requirements to receive the capital such as Hai Phong, Quang Ninh and Bac Ninh; where high-quality personnel is a key factor apart from policy. In terms of human resource, Mr. Minh shared that European enterprises are characterized by using high technology and having high industrialization, so they do not aim for cheap human resources. The locality that meets this quality will be the place they we aim to.

Regarding investment capital, according to Mr. Minh, the resource from Europe is an advanced capital and environment friendly. Therefore, the focus will be on the PPP sector in terms of infrastructure investment.

 

 

**Source:
Article 1: https://vneconomy.vn/nhan-luc-chat-luong-cao-la-yeu-to-quan-trong-de-hut-von-fdi-646502.htm
Article 2: https://vneconomy.vn/suc-manh-cua-viet-nam-la-kho-khan-nhung-doanh-nghiep-fdi-khong-rut-lui-thoai-von.htm