The Vietnam Chamber of Commerce and Industry (VCCI) collected more than 300 recommendations from the business community and reported them to Prime Minister Nguyen Tan Dung during his conference with representatives of enterprises nationwide in Hanoi on April 28.
Speaking at the event, VCCI Chairman Vu Tien Loc said that the recommendations mainly relate to the legal obligations faced by businesses, which must be reformed in order to ensure business freedom and equal competitiveness.
Enterprises suggest the Government continue creating favourable conditions for them to operate, carry out investment activities and gain access to credit loans and advanced technologies.
The Government has also been asked to reschedule the planned raising of the minimum wage during at least two years of 2014-2015 to give them time to prepare their budgets accordingly.
The business community also wants administrative procedures to be simplified, especially in business registration, customs and construction work.
According to the VCCI leader, there are now more than 500,000 enterprises operating in Vietnam and contributing to the country’s economic growth, the State budget and employment rates. Despite their success, Loc said growth model renovation and restructuring are vital for the business community to develop further.-VNA