The government is optimistic that the policy to sell out incentives offered through the XVI Economic Policy Package is quite interesting to attract foreign investors. But the government realized that it would not be easy. At present, the government sees a large momentum in the entry of foreign investment because investors are starting to get hot in China due to trade wars with the United States. But a number of other countries also see the same thing. "We must be realistic, other countries must have the same effort, they certainly offer more," said Secretary of the Coordinating Ministry for Economic Affairs Susiwijono Moegiarso, Jakarta, Thursday (11/29/2018). He also called Vietnam as one of the countries that competed with Indonesia in fighting for the escape of investors from China.
"Yes, actually we are quite interesting, there is competition with other countries. If it is with Vietnam, they are more aggressive," he said. Vietnam said he was brave enough to open up many fields of business so that the opportunities for foreign investors to enter were increasingly wide open. As for Indonesia, through the XVI Economic Policy Package, the government issued fiscal incentives in the form of tax holidays. With the new policy, investors can even not pay corporate income tax up to 20 years. However, said Susiwijono, several countries have also offered the same thing, even more insane namely 15-30 years tax exemption. Meanwhile economist Faisal Basri said that Vietnam was indeed a country that foreign investors were looking to invest in. The Vietnamese government said, creating toll roads for products produced to Vietnam was marketed throughout the world with a 0 percent import duty. "If Indonesia gets a normal import duty. Because Vietnam dares to join the Trans-Pacific Partnership (TPP). Vietnam dares to sign a free trade agreement with the European Union. This is a toll road," he said in the 2018 Indonesian Economic Projection seminar, Jakarta, Wednesday (28 / 11/2018). "While we are stuck, I think that is the most important and also the consistency of policy. So it does not often change like in Indonesia. DNI does not change until a week," he continued.
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