The central province of Thua Thien-Hue has been urged to continue supporting local businesses in order to anticipate opportunities and challenges, facilitating their integration into the global market.

Domestic and foreign economic specialists made the suggestion at a conference in the province on April 14, aiming to enable the locality to adjust its investment mechanisms and policies as well as measures on supporting its investors.

They added that the locality should heighten the role of businesses and consider their development as a boost to the province’s fast and sustainable growth in the coming time.

Participants also discussed reports presented by some ambassadors and consuls general to Vietnam on their countries’ experience in developing support industries, technical facilities and tourism, suggesting measures to boost local enterprises’ integration and development.

Vice Chairman of the provincial People’s Committee Phan Ngoc Tho declared his province has seen a stable growth while the local firms’ business and production have recovered.

In spite of a lack of key products and decreased purchasing power, the province’s GDP growth in the first quarter of this year was estimated to see a year-on-year surge of 7.57 percent, noted Tho.

This year, the province targets of a 9-percent GDP growth, granting business permits to around 600 enterprises and generating jobs for some 16,000 labourers.-VNA