PM Pham Minh Chinh speaks at the forum (Photo: VNA) Reviewing the country’s socio-economic recovery anddevelopment achievements in 2022, the PM said the macro economy remainedstable, major economic balances were ensured, and notably the domesticinvestment and business environment was improved significantly.
During the post-COVID-19 period, the foreigninvestment disbursement went up 13.5% as compared with 2021, which reflected Vietnam’sattractiveness in the regional and global investment maps, he said.
Chinh stressed that the Vietnamese Party and State advocategreen growth in order to ensure rapid, effective and sustainable economic development,contributing to implementing the 2021-2030 socio-economic development strategy.
However, green growth needs a suitable roadmap, withconditions and capacity of each region, locality and business taken intoconsideration, he noted, encouraging the engagement of all, particularlybusinesses and people, in this regard.
The Government will work to consolidate institutions,mechanisms and policies to create a favourable, equal business environment,while raising national competitiveness, he pledged.
More attention will be paid to removing difficulties facingenterprises, promoting transparency in resources access, protecting legal rightsand interests of businesses, employers, employees and relevant sides, and rollingout concertedly and effectively policies supporting firms in terms of capital,technical transfer, and personnel development, the PM continued.
Vietnam will concertedly develop goods and services, financial-monetary,and stock markets, he said, assigning specific tasks to the Ministry ofPlanning and Investment, ministers and heads of concern agencies.
The Government will instruct ministries, agencies and localitiesto make the strongest determination to reap more achievements this year,recover and spur the national economy, ensure harmony in cultural and socialdevelopment, maintain national sovereignty and political stability, and ensurepeace and happiness for people, he pledged.
Lauding the business forum’s important contributionsto national socio-economic development and business environment improvementover the past 25 years, Chinh expressed his hope that it will continue servingas a crucial, effective policy dialogue between the Government and the businesscommunity.
The annual forum, co-organised by the VietnameseMinistry of Planning and Investment, the World Bank, the International FinanceCorporation and the Vietnam Business Forum Alliance, has served as anuninterrupted and close dialogue mechanism between the Government and thedomestic and foreign business communities in order to improve businessconditions to promote the development of the domestic private sector andfacilitate the investment environment, thus contributing to Vietnam's sustainableeconomic growth.
At the event, Minister of Planning and InvestmentNguyen Chi Dung reported that Vietnam’s economic scale exceeded 400 billion USDfor the first time last year, with a growth rate of 8.02%.
The export-import revenue hit a record of 732 billionUSD, making Vietnam enter the list of the top 20 in terms of trade growth worldwide.
At the forum, representatives from the WB,international financial organisations and business associations from Europe,the US, the Republic of Korea, the UK and Japan expressed their admiration for socio-economicachievements Vietnam has recorded, especially those made during the pandemiccombat, and praised the country’s efforts in improving the domestic investment andbusiness environment.
Hailing Vietnam’s net zero emission commitment by 2050and the Government’s efforts in fulfilling the target, they committed to supportingthe Government in promoting green growth.
They also suggested Vietnam speeding up energytransition, maximising its potential for digital economy and innovation,perfecting institutions, making procedures transparent, and simplifying immigrationprocedures, among others.
Following the forum, PM Chinh attended a ceremonymarking its 25th anniversary./.
VNA
