New expectations for the business investment environment

(Baonghean.vn) - On the afternoon of April 22, after 2 days of discussion, the 2015 Spring Economic Forum held in Vinh city, Nghe An province closed with many important results.

With the main theme of finding solutions to improve the investment and business environment, turning words into actions, in the closing session this afternoon, the 2015 Spring Economic Forum organized by the National Assembly's Economic Committee in coordination with the Vietnam Academy of Social Sciences, the Vietnam Chamber of Commerce and Industry and the Nghe An Provincial Party Committee found a common voice.

In his closing speech at the forum, comrade Nguyen Van Giau, member of the Party Central Committee and Chairman of the National Assembly's Economic Committee, affirmed: The forum assessed the results of implementing the socio-economic goals in 2015 and the direction for 2015.

Comrade Nguyen Van Giau emphasized that to increase competitiveness, it is necessary to improve the capacity of enterprises.

Many enthusiastic comments from leading economic experts show that the topic of improving the investment and business environment is mentioned the most. The presentations all have debates, answers, dialogues, with many multi-dimensional opinions.

The results of the implementation of the socio-economic tasks in 2014 show that the economy is gradually recovering. The manifestations are higher economic growth, good control of inflation, large trade surplus, bad debt reduced to a relatively low level, economic restructuring has been implemented vigorously and has achieved important initial results. The National Assembly has well monitored this content and continued to issue specific Resolutions, requesting the Government and Government agencies to implement.

With the three focuses of restructuring, in the spirit of the National Assembly at the 4th session, it shows that the allocation of resources has become more orderly. The National Assembly has strengthened supervision of this. In addition, the equitization of SOEs and divestment of SOEs have had important results. Many documents have been issued to promote the restructuring of SOEs and credit institutions.

Overview of the Forum

In terms of society, many important advances have been made. These include poverty reduction and job creation. The first quarter of 2015 shows that the economic trend is better, with higher growth and more favorable conditions.

Through the Government's reports, it can be seen that these positive results were achieved thanks to the Government's direction of many correct solutions to stabilize the macro-economy and control inflation. Many delegates proposed that it is necessary to adhere to market principles, move closer to many standards of international practices, and at the same time, restructure the economy, which needs to be accelerated, especially the state-owned enterprise sector, which needs to have an equitization law and a National Assembly Resolution on equitization. Besides, there are also concerns about the agricultural sector, which needs to reorganize the production model to absorb scientific and technological advances, and increase the competitiveness of the sector in a more sustainable way.

Regarding integration, many experts have proven that Vietnam has integrated and achieved many important integration indicators, even higher than some other countries. But in reality, the sustainability of Vietnamese enterprises is still weak, not strong enough to integrate autonomously and effectively.

According to comrade Nguyen Van Giau, to increase competitiveness, it is necessary to proactively improve the capacity of enterprises, and not to blame the state management agencies. Regarding FDI enterprises, he suggested accepting the opinions at the Forum, the important issue is to prevent corruption to improve the business environment and support enterprise development.

Regarding bad debt, he suggested that everyone contribute to improving this issue, in which the State Bank should be more proactive. Regarding the issue of exchange rates, experts should make recommendations and proposals directly to the State Bank. At the same time, the State Bank must also have specific and convincing affirmations. State management agencies need to listen and consult to serve the management and operation process effectively. Improving the investment environment is also related to many issues of institutions, labor, culture and ethics./.

National Day

(THQH in Nghe An)