Prime Minister pledges continued support for business community

Update: 20:30 | 13/10/2017
Prime Minister Nguyen Xuan Phuc has affirmed that the Government will continue to protect the business community and their legitimate rights and interests, while working harder to reduce costs and interest rates to help enhance domestic firms’ competitiveness in international integration.
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The Government leader made the pledge during his meeting in Hanoi on October 13 with more than 100 delegates representing the Central Council of Vietnamese Business Associations and major enterprises on the occasion of the Vietnam Entrepreneurs’ Day. 

prime minister pledges continued support for business community
Prime Minister Nguyen Xuan Phuc and the delegates. (Photo: VNA)

The Government remains steadfast in its policy of facilitating and accompanying businesses, towards fulfilling socio-economic targets of the 2016-2021 period, Prime Minister Phuc said.  

He acknowledged that domestic businesses have unceasingly grown in terms of both scale and quality of operation, and asked that business associations become more involved in the policy making process through proposing suitable mechanisms and policies, and informing the Government on arising problems for timely settlement. 

The associations should serve as an important information channel helping the Government assess the efficiency of policies, thus making suitable adjustment and revision, Prime Minister Phuc said. 

Mentioning the goal of having 1 million enterprises, the PM requested agencies and administrations at all levels to continue listen to the business community, remove difficulties and accompany with the community in socio-economic development. 

Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc expressed high expectations of the Government’s action programme to implement the 12th Party Central Committee’s Resolution 10 on developing the private economic sector into an important driving force of the socialist-oriented market economy. 

Representatives from business associations urged the Government to push forward with efforts to improve the business environment towards more transparency and safety with suitable business cost and low risk, thus facilitating investment, production and business activities.

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(Source: VNA)