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Prime Minister Nguyen Xuan Phuc (R) greets representatives from the
Vietnam Private Business Association at the event in Hanoi on June 17
(Photo: VNA)
The leader stressed equal development opportunities for different economic
sectors, including the private economy, citing the 12th Party Central
Committee’s Resolution No. 10-NQ/TW which says the private economic sector is an
important driver of the national economy.
Statistics show that the sector contributes over 40 percent of the national
gross domestic product (GDP) and the number is on the rise, he said.
One of the Government’s major tasks is to promote different forms of
enterprises, including private businesses which should be increased in terms of
scale, quantity and competitiveness to join the areas of high values in the
global supply chain, the PM said.
He raised the questions regarding how to access technologies, capital and
quality human resources to develop the private economic sector, improve the
quality of administrative services towards people and businesses, and promote
business innovations as well as business ethics.
PM Phuc suggested private firms set forth suitable strategies to control
business risks and contribute more to national growth, while paying more
attention to social responsibility, green and sustainable development,
environmental protection and law enforcement.
Private enterprises should join the fight against corruption and other bad deeds
in business, he said.
The participating businesspeople said they were impressed by PM Phuc’s message
at the Vietnam Private Economic Sector Forum last May that emphasised the need
to ensure equality, protection, encouragement and opportunity hand-over for
private firms.
They proposed the Government step up administrative reform and build a
favourable business environment, saying the Party and the State should assign
private firms harder tasks.
They also stressed the need to promote innovations, digital economy and
personnel training that meets requirements of the Fourth Industrial Revolution.
Source: VNA
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