Administrators in Ho Chi Minh City look to improve the city’s investment climate and work alongside local enterprises to overcome hurdles.
Le Thanh Hai, Secretary of the municipal Party Committee, made the statement at a public meeting between top officials and businessmen in the southern hub on March 3.
Hai pointed out a number of measures, including stepping up official procedures and staff reform as well as boosting the application of advanced technology in local agencies. Particularly, the real estate sector will benefit from the implementation of a convenience procedure saving time and effort, he added.
According to the Secretary, the city has implemented several programmes to spur demand and establish strong links between the local enterprises and banks.
Regarding concerns and requests related to financial sources and preferential incentives from participant companies, Huynh Van Minh, Chairman of Ho Chi Minh Union of Business Association, underscored focus priorities for the city’s management board, such as removing barriers between enterprises and capital sources and devising initiatives to facilitate business operations, especially that of small- and medium-sized firms.
HCM City has thus far achieved positive outcomes from its efforts, including most of its official procedures consuming less time than the national average rates; establishing a new firm only takes up to three days.-VNA
Le Thanh Hai, Secretary of the municipal Party Committee, made the statement at a public meeting between top officials and businessmen in the southern hub on March 3.
Hai pointed out a number of measures, including stepping up official procedures and staff reform as well as boosting the application of advanced technology in local agencies. Particularly, the real estate sector will benefit from the implementation of a convenience procedure saving time and effort, he added.
According to the Secretary, the city has implemented several programmes to spur demand and establish strong links between the local enterprises and banks.
Regarding concerns and requests related to financial sources and preferential incentives from participant companies, Huynh Van Minh, Chairman of Ho Chi Minh Union of Business Association, underscored focus priorities for the city’s management board, such as removing barriers between enterprises and capital sources and devising initiatives to facilitate business operations, especially that of small- and medium-sized firms.
HCM City has thus far achieved positive outcomes from its efforts, including most of its official procedures consuming less time than the national average rates; establishing a new firm only takes up to three days.-VNA
