On April 23, 2025, in Hanoi, Mr. Tran Luu Quang, Secretary of the Party Central Committee and Chairman of the Commission for Policies and Strategies, held a meeting and working session with a delegation of leading foreign direct investment (FDI) enterprises and investors in Vietnam.

Honored as a prominent FDI investor invited to attend and speak at this important meeting, Mr. Olivier Langlet, Group CEO of Central Retail Vietnam, shared insights into the retail sector, noting its strong growth in Vietnam while acknowledging the numerous challenges businesses face. He emphasized that the most significant current obstacles are accessing land for commercial infrastructure development, particularly in major urban areas.

Furthermore, Mr. Langlet pointed out that the procedures for obtaining business licenses in the retail sector remain complex and time-consuming.

He also highlighted the significant upfront investment required by FDI enterprises, often amounting to tens of millions of dollars, for project development in Vietnam, without a clear timeline for receiving the necessary business permits. This uncertainty severely impacts the progress and efficiency of their operations in the country.

“Central Retail is committed to long-term investment in Vietnam,” Mr. Olivier Langlet emphasized. “We believe that through open dialogue, effective cooperation, and a shared vision for sustainable development, the FDI business community and the Vietnamese government will jointly build a prosperous future. We are proud to be a partner with Vietnam and aspire to continue growing for a ‘Better Vietnam’.”

Head of the Central Policy and Strategy Commission Tran Luu Quang highly valued the role of FDI enterprises, including Central Retail, in Vietnam’s economic development. He stated that the contributions made at the meeting would serve as a foundation for the government to formulate policies more aligned with the new development context.

“We take note of these issues to develop policies, and I can affirm that Vietnam is adopting a new and more suitable approach to the development context. The government will continue to support and create favorable conditions for FDI enterprises in Vietnam,” Mr. Tran Luu Quang affirmed.

The meeting took place ahead of the Vietnam Connect Forum 2025 – Vietnam Connect Forum 2025.