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Strong entrepreneur circle serves powerful country, says PM

22:37 - 10/08/2022

The Government vows to create favorable ways and create a fair playground for enterprises which serve as the driving force for national development, said PM Nguyen Xuan Phuc on April 29 in HCMC.
 

PM Nguyen Xuan Phuc: Strong entrepreneur circle, powerful country. Photo: VGP

In the new development era, the domestic business and investment environment has yet actually facilitated business operation and development, said Mr. Phuc.
 
He directly pointed out weaknesses, including slow issuance of guiding documents; lack of effective encouraging mechanisms in favor of large trade brands; weak privatization process; poor business performance; overlapping investigations, negative behaviors, and cumbersome administrative procedures.
 
The PM asked each enterprise to map out its own integration strategy, build integration and business culture, and stay honest in operations.
 
Pursuing consistent policies
 
The PM underscored that the State promises to protect legitimate rights of enterprises. All economic components (excluding security and national defense enterprises) are equal to access capital, natural resources, land, market, and business opportunities.
 
The State guarantees long-term policies for investors to do long-term business.
 
The PM went on to say that the Government also pledges to ensure macro-economic stability and peaceful environment for enterprises to flourish.  
 
However, SMEs play an important role in job generation and income growth for society, and promote innovation and creation. Thus, it is necessary to apply separate policies for them in the integration period, said PM Phuc. The Party and State always consider the private sector as the impetus for economic growth, he affirmed.
 
The Government does not intend to criminalize economic relations but strictly punishes infringements such as discharging of contaminated substances to the environment and damaging people’s health and lives.
 
The State will apply appropriate mechanisms for activities serving the public, and high-risk, security, and national defense activities, the Government chief noted.
 
He also promised to reduce and eliminate small licenses and unreasonable fees.  
 
Each locality was asked to open its hotline and website to guide administrative procedures for enterprises.
 
The Government chief also stressed the importance of strengthening the fight against corruption and bureaucratic behaviors and seriously implementing Resolution 19-2016/NQ-CP on major tasks and solutions for improving the business environment and national competitiveness in 2016-2017 with a vision towards 2020./.

source: chinhphu.vn

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