Politics

PM works with ministries, sectors to facilitate enterprises

Prime Minister Nguyen Xuan Phuc hosted a meeting with ministries and sectors to seek ways to address problems facing businesses on May 17.
PM works with ministries, sectors to facilitate enterprises ảnh 1Prime Minister Nguyen Xuan Phuc (Source: VNA)

Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hosted a meeting with ministriesand sectors to seek ways to address problems facing businesses on May 17.

Theevent took place shortly after the second conference between the Prime Ministerand businesses.

Participantsdiscussed draft instruction on the effective implementation of ResolutionNo.35/NQ-CP in 2016 on “Supporting and developing enterprises by 2020”, statingsolutions, tasks and time to consult ministries and business associations.

Concludingthe event, the Prime Minister requested Cabinet members to continue studyingand giving feedback to draft instruction based on proposals made by thebusiness community during their conference with the PM.

The solutionsand tasks need to address shortcomings to better implementing the Resolutionwhich was issued after the first conference between the Prime Minister andbusinesses.

Heunderlined 14 contents needed to be included in the draft instruction,including electronic invoices, technology application and start-ups, amongothers.

The PMemphasised measures, including taxation, to carry out the policy on turning fivemillion business households into the enterprise model, thus raising the numberof the country’s total enterprises to 1.4 million by 2020.

Theyare important measures to promote socio-economic development increase statebudget collection and the GDP.

He highlighted credit policy and legal assistance for businesses, facilitatingtheir operations.

In April this year alone, 13,102 newenterprises were established, the highest figure in the past 12 months,representing a month-on-month rise of 8.9 percent, according to the GeneralStatistics Office (GSO).

The total registered capital of the firms set up in April was 98.4 trillion VND(4.3 billion USD), a fall of 17.1 percent from the previous month.

In the first four months of this year,39,580 enterprises were established with combined capital of 369.6 trillion VND(16.25 billion USD), up 14 percent and 48.9 percent year on year,respectively.-VNA
VNA
#Prime Minister #Nguyen Xuan Phuc #Resolution No.35 #GDP #dialogues with enterprises
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