Conference seeks to raise business competitivenessAdministrative reform, integration and business competitiveness drew the attention of associations and enterprises at a conference in Ho Chi Minh City on June 29. Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc, who is also deputy head of the Prime Minister’s Advisory Council for Administrative Procedure Reform, highlighted Resolution 35 dated May 16, 2016 on supporting and developing enterprises to 2020 as the Government’s first long-term policy on business development. The resolution affirms the important role played by private firms in the country’s industrialisation and modernisation, and improving the national economy’s competitiveness, he said. Under the document, Vietnam aims to have about 1 million enterprises which are competitive and run in a sustainable manner. Of the total, more than 30 percent will be innovators. Private firms are expected to make up half of national GDP. Tran Viet Anh, General Director of Thai Son Company, said small- and medium-sized enterprises (SMEs) should receive further optimal conditions to grow stronger. Besides, start ups should be oriented to operate in different sectors. Vu Kim Hanh, Chairwoman of the Business Association of High-Quality Vietnamese Products, suggested enterprises be equipped with knowledge about integration and…
- DealBook Briefing: Europe Deals a Big Blow to Facebook
- Donald Trump, Las Vegas, ‘The Joker’: Your Thursday Evening Briefing
- This Week in the Business: Have Those Opinions
- Briefs: Tinton Falls man honored for his IT work
- India, Brexit, Rwanda: Your Monday Briefing
- Nissan shareholders vote to remove Carlos Ghosn from board
- A Brief Economic History of Time
- USA Swimming faces probe into sex abuse claims, business practices
- ‘Joker’ is a risk, but a calculated one, for Warner Bros.
- Why the Trump-Morrison Bond Is Risky Business
BUSINESS IN BRIEF 1/7 have 279 words, post on at June 30, 2016. This is cached page on Vietnam Colors. If you want remove this page, please contact us.