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Prime Minister: The Government and businesses agree to suffer together
Prime Minister Pham Minh Chinh speaks at the Annual Vietnam Business Forum (VBF) High Session. Photo: VNA

On February 21, in Hanoi, Prime Minister Pham Minh Chinh attended and spoke at the High Level session of the annual Vietnam Business Forum (VBF) 2021.

Attending the forum were leaders of central ministries, departments and branches; representatives of diplomatic missions, embassies of countries in Vietnam and representatives of domestic and foreign enterprises and business associations.

VBF 2021 is co-chaired by the Minister of Planning and Investment, the World Bank Country Director for Vietnam (WB), the Regional Director of the International Finance Corporation (IFC) and the President of VBF.

Before the high-level session, a technical session was held to discuss, critique and give suggestions on issues such as post-Covid-19 economic recovery, supply chain restoration, energy transformation, digital transformation, growth. green, circular economy, digital economy...

At the VBF 2021 high-level session, representatives of business associations (including the Vietnam Federation of Trade and Industry; the business associations of Japan, the UK, Europe, the United States, and the Republic of Korea) presented the consultations. discuss the contribution of the business community to the recovery of the economy; Roles and responsibilities of enterprises in the supply chain.

In particular, the presentations focused on the content of improving production capacity, domestic supporting industries and developing industrial clusters, value chains, increasing linkages between foreign-invested enterprises and enterprises. Vietnam.

Business associations highlight the role of finance in industrial cluster development and supply chains; electricity/energy and environmental sustainability for growth; digital economy is the key to growth...; at the same time, propose and recommend to the Government, ministries and branches of Vietnam issues that need attention, helping the business community to develop quickly and sustainably.

Representatives of relevant ministries, branches and agencies expressed their sharing and willingness to accompany the business community; especially feedback on proposals and recommendations of businesses and industry associations.

Prime Minister Pham Minh Chinh with representatives of ministries, branches and international organizations. Photo: VNA

Ministries and sectors have expressed their commitment to uniformly, smoothly and synchronously interpret and apply the law related to investment, business and other related laws and specific guidelines on the regulation. investment processes and procedures... in order to create favorable conditions for enterprises when investing, producing and doing business in Vietnam.

Speaking at the forum, Prime Minister Pham Minh Chinh said that Vietnam has been carrying out the renovation work, focusing on building a socialist democracy; building a socialist rule of law state of the people, by the people, for the people; building a socialist-oriented market economy, with three main contents: eliminating state subsidies, building a multi-sector economy, and integrating into the international economy.

After 35 years of implementing doi moi, Vietnam has achieved many historical achievements; Vietnam has never had the opportunity, potential, position and international prestige as it is today.

The Prime Minister said that the year 2021 has passed, in the context of having to perform both regular and irregular tasks, the task of handling previous difficulties and backlogs, and especially unexpected tasks. doubt in the context of unprecedented challenges with limited resources, but with the participation of the whole political system led by the Communist Party of Vietnam, the joint effort, consensus, support of the people and business community, with the support of friends and international partners, Vietnam has achieved respectable results.

Macro-economy continued to remain stable, inflation was controlled, major balances of the economy were ensured. Import-export turnover increased by 22.6% to nearly 670 billion USD, the highest ever, making Vietnam one of the 20 largest trading countries in the world. FDI attraction in 2021 increased sharply (9.2%).

From a country with a very low vaccination rate, Vietnam has risen to be one of the six countries with a high vaccination coverage rate in the world and from October 2021 has changed its status to a safe and flexible adaptation. , effectively controlling the Covid-19 epidemic, creating conditions for socio-economic recovery and development.

Vietnam did not miss out, but caught up and actively participated in major trends in the world such as: the trend of safe adaptation; opening trend; trend of recovery and development; trend of green transformation, digital transformation.

The Party, State and Government of Vietnam always pay attention to and appreciate the role and contributions of the business community, and at the same time understand and share with businesses' difficulties, especially in the context of the pandemic. Covid-19.

Prime Minister Pham Minh Chinh emphasized with the motto that people, businesses are the center, the subject, internal resources are basic and long-term, external resources are important and breakthrough, the Government of Vietnam continue to implement 3 strategic breakthroughs including perfecting institutions synchronously, developing human resources, building a synchronous and modern infrastructure system.

The year 2022 is of great significance for Vietnam, creating momentum for the implementation of strategic goals and orientations up to 2030.

Vietnam is having the opportunity to develop strongly on the basis of national synergy, fortune, potential, position and prestige of the country after 35 years of Doi Moi. This is also a time to test the bravery, creativity and adaptive capacity of both the Government and businesses to overcome difficulties together in the spirit of "common camaraderie", "harmonious benefits, shared risks". shall."

In the immediate future, effectively implement the Program on socio-economic recovery and development, in association with the Master Program on Covid-19 epidemic prevention and control, and promote the vaccination campaign.

At the same time, continue to ensure macroeconomic stability, improve the business investment environment; digital transformation, development of digital economy, digital society, green economy, circular economy... and adaptation to climate change.

Vietnam focuses on solutions to restore the supply chain, ensure the circulation of goods, and stabilize the fuel source; safe and smooth production and business activities of enterprises in the new normal conditions; The focus is on prioritizing measures to ensure disease safety, simplify administrative procedures, and remove obstacles in tax, credit, human resources, infrastructure and logistics mechanisms and policies.

Especially, developing the market for factors of production such as the capital market, land market, resource market, science and technology market, and intelligence in a more market-oriented, more competitive, more efficient manner. more sustainable.

The Government of Vietnam creates an equal environment among all economic sectors; encourage private investment, foreign investment, investment in high technology, supporting industries; smart agriculture; environmental protection, renewable energy; infrastructure construction and projects serving social security.

Give more priority to science and technology investment, improve research and development capacity, invest in infrastructure, especially smart infrastructure, digital infrastructure to promote and take advantage of opportunities of the fourth industrial revolution.

Vietnam takes advantage of the opportunities of new generation FTAs such as the CPTPP, EVFTA, RCEP... to expand its market, diversify investment and business relations, and balance harmoniously with market development. domestic schools; take strong and effective measures to prevent smuggling, trade fraud, origin of goods...

Also at the forum, the Prime Minister assigned relevant ministries, branches and units to synthesize the comments of the business community to report to the Prime Minister; assign ministries and branches to research, handle and advise on the improvement of institutions, policies and laws; especially guiding and monitoring policy implementation at all levels.

The Prime Minister assigned ministers, heads of ministries, branches and related agencies, within the ambit of their assigned functions and tasks, to promptly respond to the recommendations of the business community at this forum.

For matters beyond their competence, report them to the Government or the Prime Minister for consideration and decision or submit them to competent authorities. Strengthen the organization of policy dialogues with domestic and foreign business associations to resolve shortcomings and limitations in the implementation stage, remove institutional and legal barriers hindering operations. manufacturing business; promote development and recovery of production chains.

The Prime Minister requested relevant ministries and branches to consider absorbing and integrating reasonable proposals and recommendations of the delegates at the forum into their programs and action plans during the implementation process. implementing Resolution No. 11/NQ-CP on the Socio-economic Development and Recovery Program, Resolution No. 43 of the National Assembly on fiscal and monetary policies to support the program; at the same time serving in consulting, policy and law development in the coming time.

The head of the Government of Vietnam affirmed that, with the operating theme for 2022, which is "Unity and discipline, proactive adaptation, safety and efficiency, recovery and development", the Vietnamese Government will base itself on the situation. practical model to direct and operate in an active, drastic, creative, responsible, disciplined, and integrity manner.

The Prime Minister wished the business community, the Government and people of Vietnam to effectively implement the socio-economic development goals in 2022 with high results.

Theo TTXVN