The government of Vietnam has outlined six urgent measures to help the country attract, manage and absorb foreign investment more effectively during the economic recession, the local newspaper People's Army reported on Friday.

Accordingly, the first step is to review, adjust and improve policies for investment and business activities with an aim to provide preferential incentives for several industries and to boost disbursement.

The second measure is to publicly announce the approved master plans of development by the 4th quarter of this year to speed up the site clearance.

The third way is to review and announce the infrastructure investment goals by 2020 to mobile capital resources for the completion of sea ports.

The government mentioned the fourth step about training staff skilled at granting licenses for foreign-invested projects.

The government also suggested the central and local authorities to closely coordinate in the licensing and supervision of foreign-invested projects as the fifth step to ensure the effective implementation of those projects.

Finally, it is necessary to map out specific policies to call foreign investment in particular field.

(Xinhua News Agency April 10, 2009)