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Government pledges favourable conditions for businesses

doanh nghiệp 1

As from October 5, aides of the minister and Head of the government Office will directly gather businesses’ opinions and proposals through a government website at doanhnghiep.chinhphu.vn.

At a recent regular media conference in Hanoi, minister and Head of the government Office Mai Tien Dung said the move is part of efforts to build a facilitating, transparent, and incorruptible government.

“This government website targets businesses, and there will soon be another website for the people. Information is publicised. Businesses’ petitions will be answered. We will establish a working group to check on the process and I myself will address business queries,” he said.

Nguyen Thi Hong, deputy Governor of the State Bank of Vietnam (SBV) mentioned the possibilities of cutting loan interest rates.

“The SBV Governor has issued Directive No4 on balancing capital recourses, the proper use of capital, reducing costs and loan interest rates. Some commercial banks have already implemented this plan. From now to the end of the year, demands for credit tend to rise. Some major commercial banks have also lowered deposit interest rates, paving the way for further cuts in loan interest rates,” she said.

Source: http://english.vov.vn/

Key words: Government, pledges, favourable conditions, for businesses.

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