Prime Minister Pham Minh Chinh on October 28 morning said he hopes the United Arab Emirate (UAE), with its experience in developing the Dubai and Abu Dhabi financial centres, will support Vietnam in forming a suitable policy framework and model.

Vietnam will continue to build a safe, transparent and highly competitive business and investment environment, enabling businesses and investors, including foreign ones to operate for a long term in the country, stated Prime Minister Pham Minh Chinh while chairing a conference with foreign direct investment (FDI) firms in Hanoi on October 16.

Semiconductor chip shortage has caused a crisis for major automobile producers in the world, forcing them to suspend production and extend the time to deliver their products, but for Vietnamese ones, the impacts are quite minor as they still can ensure normal production and business activities, according to insiders.