Government committed to slash business costsThis year, the Vietnamese Government intends to further slash business costs and regulations as well as fostering co-operation between domestic enterprises and their foreign direct investment (FDI) counterparts. According to the Government, there have been promising gains made from ties between FDI enterprises and domestic companies. Some FDI enterprises have put in place plans to co-operate and support Vietnamese enterprises to develop supporting industries. In 2014, there were only four Vietnamese suppliers to Samsung, now there have been 29 direct suppliers and still counting. Domestic enterprises showed insufficient efforts to upgrade their infrastructure, technology, and improve their capacity to produce higher quality products and services.