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Experts praise Vietnam’s efforts to improve business environment

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Economic experts have spoken highly of the Government’s range of measures, set out in 2014’s Resolution 19, which are aimed at improving the business climate and enhancing the competitiveness of the Vietnamese economy.

Deputy Minister of Planning and Investment said at a conference on March 15, that after four years of implementing Resolution 19, Vietnam’s ranking for the ease of doing business has risen sharply.

He elaborat In its nine years of implementation, the campaign has had positive effects. The campaign has been actively responded to by enterprises and localities, while consumers have gradually changed their shopping habits towards choosing locally-produced goods and services.

Domestic enterprises have stepped up the application of advanced technology and improved human resources to create new quality products, while saving trillions of dong.

Speaking at the conference, President of the Vietnam Fatherland Front Central Committee Tran Thanh Man, also the Head of the Steering Committee, emphasised the need to raise public awareness of the issue, saying that producers should focus on creating quality products while Vietnamese consumers should show their patriotism by choosing locally made goods.

Aside from generating more jobs and raising income for labourers, the campaign has contributed to establishing a production and supply chain, he noted.

The VFF President urged relevant ministries, branches, and localities to roll out concrete programmes and plans to further popularise the campaign in the time ahead.

He also urged enterprises to accelerate scientific-technological applications while improving the quality and competitiveness of products and services.

ed that Vietnam jumped up 14 positions on the World Bank’s ranking for 2017, its best performance since 2008.

Dr Nguyen Dinh Cung, director of the Central Institute of Economic Management (CIEM), said that many ministries have made significant efforts to ease the burden on enterprises.

The economic expert cited the Ministry of Industry and Trade as a typical example, having slashed more than half of the business rules under its jurisdiction, while other ministries have also followed suit in order to facilitate enterprises.

He added that Resolution 19 has encouraged local authorities to hold regular dialogues with the business community to address their concerns.

Source: Nhân Dân

Key words: experts, praise, Vietnam, efforts, improve, business environment

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