Government Standing Committee meets with businesses

Prime Minister Pham Minh Chinh chaired the Conference. Co-chairing were Permanent Deputy Prime Minister Nguyen Hoa Binh and Deputy Prime Ministers Tran Hong Ha, Le Thanh Long, and Bui Thanh Son.

Also attending were leaders of ministries, branches, representatives of the Vietnam Federation of Commerce and Industry, the Association of Small and Medium Enterprises, 26 large corporations and state-owned and private enterprises.

This is the first meeting between the Government Standing Committee and businesses at the beginning of the new year 2025. Here, not only to encourage and praise the contributions of the business community, the Government Standing Committee, ministries and branches also listened, shared and discussed with businesses to remove difficulties and obstacles as well as discuss tasks and solutions for private businesses to develop more strongly.

The Government Standing Committee also hopes that businesses will contribute ideas to the Government, ministries, branches, and localities on institutions, policies, and administrative procedures...

The government sympathizes with businesses facing difficulties.

Speaking at the opening of the conference, on behalf of General Secretary To Lam, Party and State leaders, Prime Minister Pham Minh Chinh sent respectful greetings, warm regards, and best wishes to businesses.

According to the Prime Minister, we have entered the final year of the 13th National Party Congress. The 2021-2025 period is a difficult period with the raging COVID-19 pandemic, wars and conflicts around the world disrupting supply chains; in 2024 alone, storm No. 3 (Yagi) caused serious consequences, the sudden passing of General Secretary Nguyen Phu Trong... have impacted the situation in the country.

However, under the leadership of the Party, regularly and directly led by the Politburo and the Secretariat, headed by the General Secretary, the participation of the entire political system, the support and sympathy of the people and businesses, and the help of international friends, we have strived to overcome all difficulties, sometimes very fierce, and achieved impressive socio-economic development achievements.

According to the Prime Minister, in 2024, the whole world will continue to face many difficulties due to the impact of the prolonged COVID-19 pandemic, political fluctuations, strategic competition, etc., affecting national development and business operations. From the beginning of 2025, the world has encountered new difficulties and complicated developments, so businesses need to always be prepared when difficulties arise.

The Prime Minister affirmed that the country's overall achievements have important contributions from businesses, especially large enterprises. Businesses have actively participated in preventing and fighting the COVID-19 pandemic, overcoming the consequences of the pandemic, and helping the country overcome current difficulties...

The Prime Minister emphasized that the Government sympathizes with businesses in the face of difficulties and is determined to always accompany and remove obstacles for businesses, especially institutional obstacles that are "bottlenecks of bottlenecks" but also "breakthroughs of breakthroughs".

What is the solution for the country to grow by double digits?

The Prime Minister stated that in 2025, a new point is that the Government assigns growth targets to all localities, relevant ministries, state-owned enterprises, and sectors. If growth continues to be "average", it will be impossible to achieve the two 100-year development goals. The Central Government has issued Conclusion 123 with a requirement of at least 8% GDP growth in 2025 to create momentum, create force, and create momentum for the following years to achieve double-digit growth. To do this, the contribution of the business community, especially large enterprises, is needed.

The Prime Minister said that the Government plans to meet with banks, small and medium enterprises, and FDI enterprises to share and resolve difficulties and problems regarding institutions, mechanisms, and policies, and to give suggestions to the Government, ministries, branches, and localities; and to listen to the opinions of enterprises on what to do in the immediate future and in the future to continue developing.

The Government has directed Ministers and Heads of ministerial-level agencies to continue reviewing and reporting monthly on institutional problems to the competent authorities for amendment; such as exemption of registration tax for automobile manufacturing enterprises, exemption of VAT for enterprises, exemption and reduction of land rent, water surface rent, taxes, fees, and charges; resolving issues related to planning, land, procedures, licenses, etc. This requires the contribution of enterprises. Recently, new laws and regulations related to land and environment have been issued with the contribution of the business community.

The Prime Minister raised the issue of what solutions are needed for the country to achieve double-digit growth; such as localities, domestic and foreign enterprises, and FDI enterprises must grow synchronously; carefully analyze and evaluate how to respond to the current situation when a bad scenario occurs.

The Prime Minister shared that we are vigorously implementing a number of very large projects such as the North-South high-speed railway, three standard-gauge railway lines connecting with China, and a nuclear power plant; focusing on developing breakthroughs in science and technology, innovation, and digital transformation; promoting the exploitation of new development spaces such as underground space, marine space, and outer space; promoting GDP growth; removing institutional bottlenecks; streamlining the operating apparatus for efficiency, effectiveness, and efficiency...

Expressing admiration, respect and appreciation for the efforts and achievements of private enterprises, the Prime Minister suggested that in the above-mentioned major tasks of the country, enterprises should register to do whatever they can and propose policies and mechanisms to do it, as long as they do not seek personal gain, prevent corruption and negativity. The head of the Government gave an example, recently asking Truong Hai Group (THACO) to research, transfer technology, produce train cars and move towards producing locomotives for high-speed railways, Hoa Phat Group to make high-speed railway rails, FPT Group to focus on training high-quality human resources, designing semiconductor chips, etc.

Assessing the situation with many difficulties and challenges but also many opportunities and advantages, the Prime Minister hopes that business leaders will draw on practice, experience, and success, with passion, enthusiasm, and dedication, and boldly contribute opinions with a sincere and straightforward spirit, all for the development of the country, for the Fatherland, and for the prosperity and happiness of the people.