Businesses appreciate Gov’t Resolution 35 on developing enterprises
The business community has put forward recommendations for the more effective implementation of the Government’s Resolution No.35/NQ-CP on supporting and developing enterprises through 2020 at a conference with the Prime Minister in Hanoi on May 17.
Hanoi (VNA) – The business community hasput forward recommendations for the more effective implementation of theGovernment’s Resolution No.35/NQ-CP on supporting and developing enterprisesthrough 2020 at a conference with the Prime Minister in Hanoi on May 17. A quicksurvey in late 2016 and early 2017 of the Vietnam Chamber of Commerce andIndustry (VCCI) showed three quarters of responded businesses think the fivegroups of solutions set in the resolution have brought about “positive”impacts, and only one quarter said they have not felt any effect. However,participants pointed out that the Resolution has yet to meet expectations, failingto produce substantive favourable conditions or create real driving forces forthe reform of institutions while the business environment is slow to improve.
Theyattributed those failures to the unclear definition of power and responsibility,and the poor enforcement of the Government and Prime Minister’s instructions. Chairman ofthe Vietnam Association of Small and Medium Enterprises Nguyen Van Than calledon the Government to take measures to reduce production cost. Businessesthemselves should abide by law and proactively improve their capacity, he said,adding that big companies need to support smaller ones in the sale of productsto join the global value chain. President ofthe BRG Group Nguyen Thi Nga hoped the Government will devise a mechanism soonto allow businesses to operate on an equal footing with other economic sectors,and build a clear and specific legal corridor to spur business development. To addressthe shortcomings, Minister of Planning and Investment Nguyen Chi Dung said theGovernment will push ahead with administrative reform to enable businesses todevelop in all fields and sectors as well as encourage business households andindividuals to forge connectivity to form companies, and support enterprises topromote innovation, industrial modernization, and human resourcesdevelopment. He urgedministries and departments to revise and simplify business and investmentregulations in accordance with the Law on Investment and Law on Enterprises.-VNA
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At the conference (Photo: VNA)
