Business

PM conference with businesses seeks development measures

Enterprises across Vietnam contributed their ideas to making breakthrough policies in service of the efficient enforcement of the Government’s resolution on supporting and developing businesses until 2020 during the ongoing conference between the Prime Minister and businesses in Hanoi on May 17.
PM conference with businesses seeks development measures ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Enterprises across Vietnam contributed their ideas to makingbreakthrough policies in service of the efficient enforcement of theGovernment’s resolution on supporting and developing businesses until 2020during the ongoing conference between the Prime Minister and businesses inHanoi on May 17.

PhamHong Hai, Hongkong and Shanghai Banking Corporation Ltd. (HSBC) ManagingDirector, said that in the context of a changing world economy, Vietnam isemerging as a spotlight in the region with its advantageous competitive labourcost, and political and macro-economic stability.

Thecountry has become a production centre with a number of big projects andbillion-USD contracts, he stated, adding that the Government’s commitment tobecoming an incorruptible, active and constructive Government also helpsinspire the business community.

Haisuggested the Government pay attention to connecting domestic andforeign-invested enterprises as well as to the fields that Vietnam hascompetitive advantages.

Businessesshould invest in technology in order to develop and compete sustainably, whilethe nation should intensify educational reform in order to increase labourproductivity and speed up the national renewal, especially in the context thatVietnam is integrating into the global economy, he added.

Representingconstruction businesses, Le Van Kiem, Chairman of the Board of Directors of theLong Thanh Golf Investment and Trading Joint Stock Company, expressed concernover the financial matter.

Heproposed the Government act as a guarantee for interest rates to facilitate theimplementation of long-term projects.

Meanwhile,Pham Van Son, member of the directors’ board of BMJ Group, requested theGovernment to seek ways to help livestock breeders, and veterinary medicine andcattle-feed companies and distributors deal with difficulties by rescheduling debtpayment for them.

NguyenDuu De, Chairman of the Hop Luc Joint Stock Company cum President of theBusiness Association of Thanh Hoa province and President of the VietnamesePrivate Hospital Association, emphasised the need to rearrange the publicservant staff in order to raise the efficiency of the Government resolution.

Itis also necessary to attract the involvement of private enterprises in thehealth sector to share overloads of state-owned hospitals.

Inthe real estate sector, President of the Ho Chi Minh City Real EstateAssociation Le Hoang Chau showed his hope that the Government will considersolutions to tackling hidden risks of the real estate market, including permittingland use and land-related asset rights mortgaged at foreign banks and revising thelaw on investment and businesses.-VNA
VNA
#enterprises #breakthrough policies #service #Government #Resolution #support #develop #conference #HSBC #competitive #labour cost #political stability #macro economy #production #trade #interest rates #projects #livestock #real estate
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