The private sector is an important driver of economic development, said Prime Minister Nguyen Xuan Phuc at the second Vietnam Private Sector Forum held in Hanoi on July 31.
At the second Vietnam Private Sector Forum (Photo: VNA)
Hanoi (VNA) – The private sector is animportant driver of economic development, said Prime Minister Nguyen Xuan Phucat the second Vietnam Private Sector Forum held in Hanoi on July 31.
The event was organised by the Vietnam YoungEntrepreneurs' Association and the Mekong Business Initiative.
The PM said the Government is well aware of therole of the private sector, which was highlighted under the 12th PartyCentral Committee’s fifth meeting Resolution.
He suggested removing all barriers whilecreating the best conditions for the private sector to develop.
Government conferences and dialogues have spentplenty of time on matters the private sector encounters, he noted.
The Government has also accompanied businessesand pushed ahead with institutional reform to improve the business environmentand facilitate business operation, he said.
The PM affirmed that the key to economic growthlies in the private sector, reiterating the Government’s aim to enable thesector.
He encouraged the business community to raisetheir voice and help the Government boost the economy.
He cited a representative of the World Bank assaying “Vietnam has a bright future thanks to the private sector and people.”
Chairman and CEO of the technology company FPTCorporation Truong Gia Binh said if all favourable conditions are carried outfor private enterprises according to the Government’s policies, the privatesector’s growth will reach from 15 percent to 50 percent in the future.
A survey launched before theforum opened indicates that 65 percent of businesses questioned expressed theirhope for a government of action.
The main topics under discussion included anaction programme for the private sector, digital economy, agriculture andtourism.-VNA
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At the second Vietnam Private Sector Forum (Photo: VNA)
