Vietnam encourages businesses to establish int'l integration development funds

HANOI, Nov. 19 (Xinhua) -- Vietnam is moving to encourage domestic enterprises to establish international integration development funds under a proposed resolution aimed at enhancing the country's international integration, Vietnam News Agency reported Wednesday.

The proposal was delivered during the 10th session of the 15th National Assembly, aiming to deepen international partnerships and strengthen multilateral diplomacy, according to the report.

According to the proposal, the funds are expected to strengthen competitiveness and support Vietnamese businesses abroad.

The draft resolution also allows the government to resolve legal hurdles in strategic cooperation projects and enables localities to open overseas representative offices in key regions. Personnel may also be deployed to support reconstruction in conflict and disaster zones.

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