Business

Developing private sector a correct policy: top legislator

National Assembly Chairman Vuong Dinh Hue affirmed that developing the private sector is a correct policy during his visit to Truong Hai Group (THACO) as part of a working trip to the central province of Quang Nam on July 27.
Developing private sector a correct policy: top legislator ảnh 1National Assembly Chairman Vuong Dinh Hue visits Truong Hai Group (Photo: VNA)
Quang Nam (VNA) – National Assembly Chairman Vuong Dinh Hue affirmedthat developing the private sector is a correct policy during his visit toTruong Hai Group (THACO) as part of a working trip to the central province ofQuang Nam on July 27.

Describing THACO as a success story of Vietnamese enterprises, Hue said thesuccess testifies to the correctness of the Party and State’s policy to developthe private sector.

Thegroup’s total revenue topped 60 trillion VND (2.6 billion USD) in 2021,including 239 million USD from exports. THACO paid over 20.5 trillion VND tothe State coffer last year, and over 17.9 trillion VND in the first half ofthis year.  

Developing private sector a correct policy: top legislator ảnh 2The NA leader presents gifts to THACO’s trade union organization and THACO employees who are family members of war invalids, war martyrs and Heroic Mothers (Photo: VNA) 

The NA Chairman suggested THACO intensify research anddevelopment (R&D) and participate deeper in regional and world value chains.

Responding to the group’s proposals, Chairman Hue asked NA agencies to reviewpolicies and regulations on taxation and consider the issuance of a thematicresolution on industrialization.

On the occasion, the NA leader presented gifts to THACO’s tradeunion organization and THACO employees who are family members of war invalids,war martyrs and Heroic Mothers./.
VNA
#National Assembly Chairman Vuong Dinh Hue #THACO #Truong Hai Group #private sector #Vietnamplus #Vietnam news #Vietnam News Agency
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