PM pledges continued support for business community

PM Nguyen Xuan Phuc affirms that the Government will continue to protect the business community and their legitimate rights and interests, while working harder to reduce costs and interest rates to help enhance domestic firms’ competitiveness.
PM pledges continued support for business community ảnh 1Prime Minister Nguyen Xuan Phuc and the delegates (Source: VNA)
Hanoi (VNA) – Prime MinisterNguyen Xuan Phuc has affirmed that the Government will continue to protect thebusiness community and their legitimate rights and interests, while workingharder to reduce costs and interest rates to help enhance domestic firms’competitiveness in international integration.

The Government leader made thepledge during his meeting in Hanoi on October 13 with more than 100 delegatesrepresenting the Central Council of Vietnamese Business Associations and majorenterprises on the occasion of the Vietnam Entrepreneurs’ Day.

The Government remains steadfastin its policy of facilitating and accompanying businesses, towards fulfillingsocio-economic targets of the 2016-2021 period, PM Phuc said.  

He acknowledged that domesticbusinesses have unceasingly grown in terms of both scale and quality ofoperation, and asked that business associations become more involved in thepolicy making process through proposing suitable mechanisms and policies, andinforming the Government on arising problems for timely settlement.

The associations should serve asan important information channel helping the Government assess the efficiencyof policies, thus making suitable adjustment and revision, PM Phuc said.

Mentioning the goal of having 1million enterprises, the PM requested agencies and administrations at alllevels to continue listen to the business community, remove difficulties andaccompany with the community in socio-economic development.

Chairman of the Vietnam Chamberof Commerce and Industry (VCCI) Vu Tien Loc expressed high expectations of theGovernment’s action programme to implement the 12th Party Central Committee’sResolution 10 on developing the private economic sector into an important drivingforce of the socialist-oriented market economy.

Representatives from businessassociations urged the Government to push forward with efforts to improve thebusiness environment towards more transparency and safety with suitablebusiness cost and low risk, thus facilitating investment, production andbusiness activities.-VNA
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