A Vietnam Business Insights forum was held by Singaporean broadcasterChanel NewsAsia in Ho Chi Minh City on May 22 to redefine sustainablebusiness growth for the country.
Nearly 400 executives ofdomestic and foreign enterprises discussed economic growth models inVietnam, focusing particularly on the restructuring of State-runenterprises.
They also discussed challenges to the business circle amid the fluctuating global economy.
Atthe forum, Deputy Minister of Planning and Development Dang Huy Dongsaid that Vietnam is accelerating economic restructuring and switchingto a sustainable growth model.
To that end, it prioritisesmaking three strategic breakthroughs, namely completing the marketeconomic mechanism and creating an equal and competitive environment;developing a high quality workforce; and building comprehensiveinfrastructure, he said.
The Vietnamese Government has beenadopting various solutions to improve its business environment andcompetitiveness, for example by amending laws on enterprises, corporateincome tax and investment.
Dong noted that in the coming time,the country targets stabilising the macro-economy, curbing inflation andremoving hindrances for the business circle.
It will also speedup administrative reform, corruption and wastefulness prevention, alongwith ensuring defence, political security and social order, he added.-VNA
Nearly 400 executives ofdomestic and foreign enterprises discussed economic growth models inVietnam, focusing particularly on the restructuring of State-runenterprises.
They also discussed challenges to the business circle amid the fluctuating global economy.
Atthe forum, Deputy Minister of Planning and Development Dang Huy Dongsaid that Vietnam is accelerating economic restructuring and switchingto a sustainable growth model.
To that end, it prioritisesmaking three strategic breakthroughs, namely completing the marketeconomic mechanism and creating an equal and competitive environment;developing a high quality workforce; and building comprehensiveinfrastructure, he said.
The Vietnamese Government has beenadopting various solutions to improve its business environment andcompetitiveness, for example by amending laws on enterprises, corporateincome tax and investment.
Dong noted that in the coming time,the country targets stabilising the macro-economy, curbing inflation andremoving hindrances for the business circle.
It will also speedup administrative reform, corruption and wastefulness prevention, alongwith ensuring defence, political security and social order, he added.-VNA
