A Vietnam Business Insights forum was held by Singaporean broadcaster Chanel NewsAsia in Ho Chi Minh City on May 22 to redefine sustainable business growth for the country.
Nearly 400 executives of domestic and foreign enterprises discussed economic growth models in Vietnam, focusing particularly on the restructuring of State-run enterprises.
They also discussed challenges to the business circle amid the fluctuating global economy.
At the forum, Deputy Minister of Planning and Development Dang Huy Dong said that Vietnam is accelerating economic restructuring and switching to a sustainable growth model.
To that end, it prioritises making three strategic breakthroughs, namely completing the market economic mechanism and creating an equal and competitive environment; developing a high quality workforce; and building comprehensive infrastructure, he said.
The Vietnamese Government has been adopting various solutions to improve its business environment and competitiveness, for example by amending laws on enterprises, corporate income tax and investment.
Dong noted that in the coming time, the country targets stabilising the macro-economy, curbing inflation and removing hindrances for the business circle.
It will also speed up administrative reform, corruption and wastefulness prevention, along with ensuring defence, political security and social order, he added.-VNA
Nearly 400 executives of domestic and foreign enterprises discussed economic growth models in Vietnam, focusing particularly on the restructuring of State-run enterprises.
They also discussed challenges to the business circle amid the fluctuating global economy.
At the forum, Deputy Minister of Planning and Development Dang Huy Dong said that Vietnam is accelerating economic restructuring and switching to a sustainable growth model.
To that end, it prioritises making three strategic breakthroughs, namely completing the market economic mechanism and creating an equal and competitive environment; developing a high quality workforce; and building comprehensive infrastructure, he said.
The Vietnamese Government has been adopting various solutions to improve its business environment and competitiveness, for example by amending laws on enterprises, corporate income tax and investment.
Dong noted that in the coming time, the country targets stabilising the macro-economy, curbing inflation and removing hindrances for the business circle.
It will also speed up administrative reform, corruption and wastefulness prevention, along with ensuring defence, political security and social order, he added.-VNA
