HANOI: The Vietnamese government is committed to creating favourable conditions for businesses to develop, Prime Minister Pham Minh Chinh says.
He said at the annual Vietnam Business Forum in Hanoi on Sunday that the country will continue to perfect mechanisms and policies to create a favourable and equal business environment, improve national competitiveness, remove difficulties for enterprises, and increase transparency and equality in access to resources.
Top priority will also be given to cutting costs for businesses and deploying policies to support firms in capital, technology transfer, training and human resource development.
Vietnam will also develop several key markets, including goods and services, finance, securities, real estate, science and technology, labour and public procurement, creating conditions for businesses to have equal access, he said.
The government is always focused on handling and solving difficulties faced by businesses in several areas, such as the global minimum corporate tax rate, visa regulations, work permits and others related to land and housing, investment and bidding.
Pham said he believed that the business community would work with the state to overcome difficulties and continue to cooperate effectively and sustainably in a world that was changing quickly and unpredictably, with increasing risk factors.
He also stressed that green growth was a global trend.
He added that green growth was a significant and important policy for Vietnam to pursue, fast and effectively, with sustainable economic development.
Pham said that this was an essential contribution to the implementation of the 10-year socio-economic development strategy from 2021 to 2030.
Facing sustainable development on all three pillars – economic, social and environmental – he said the national green growth strategy has been published, and its initial results have contributed to the international community’s efforts in responding to climate change.
But, Pham added, green growth should have a suitable roadmap, considering the different conditions and capacities of each region, locality and enterprise.
The response and participation of all stakeholders in society, especially businesses and the people, should be encouraged. At the same time, projects in the form of public-private partnerships in green growth should be promoted, he added.
Planning and Investment Minister Nguyen Chi Dung said that 2022 was when the world economy faced many challenges, fluctuations and unpredictable complications.
However, Vietnam still recorded important and comprehensive socioeconomic achievements in many fields during this period.
In 2022, Vietnam’s economy exceeded US$400bil (RM1.79bi) for the first time with a growth rate of 8.02% and gross domestic product per capita hit over US$4,000 (RM17,898).
Vietnam’s total import-export turnover reached a record of US$732bil (RM3.3 trillion) in 2022.
Last year, Vietnam maintained a trade surplus of US$11.2bil (RM50bil) for the seventh consecutive year.
At the same time, Vietnam’s business and investment environment was improving. Last year, the number of newly-established firms and enterprises reached 208,300, an annual increase of 30%.
Dung said economic recovery, green growth, and sustainable development were considered top priorities and goals that all countries aimed for.
“For Vietnam, green growth was not only an inevitable choice but also an opportunity to become a pioneer in the region, catching up with the development trend of the world,” he said.
“The business community has been identified as a critical factor, playing an important role in the process,” Dung added.
He said that the business community’s awareness of its role in the national green growth strategy had significantly improved and contributed to its implementation. — Viet Nam News/ANN
