The central city of Da Nang has decided to select 2014 as its Entrepreneurship Year. This is one of the solutions to ease enterprises’ difficulties and also a key measure for the city to achieve GDP growth of 9 to 9.5 percent this year.

The decision, which was made by the municipal People’s Council at its year-end meeting in 2013, has received consideration from the business circle operating in the city. They expect 2014 will be a better year as the city will issue more policies to help enterprises maintain and develop production and business and offer stable jobs.

Nguyen Duc Tri, General Director of the Hoa Tho Garment Joint Stock Company, said that the decision shows the city’s consideration to the business circle.

It will help enterprises in their business restructuring as well as put forth solutions to remove their difficulties, thus contributing to the city’s development, he added.

Da Nang has implemented a combination of solutions to facilitate businesses’ operations, including creating a transparent and convenient legal corridor. The enterprises also recommend solutions to make the year successful.

The city should strengthen administrative procedure renovation and seek ways to improve its competitiveness index, said Phan Hai, Deputy Head of the Da Nang Young Entrepreneurs’ Association.

Meanwhile, Lam Quang Minh, Director of the Da Nang Investment Promotion Centre, suggested more favourable conditions for investors, such as incentives, infrastructure facilities, land, service and financial-banking support.

The 2014 Entrepreneurship Year is expected to create a momentum for the city’s business and production activities, contributing to making Da Nang a large socio-economic hub in the central region and an important driving force for development in the region and the Central Highlands.-VNA