Vietnam PM OKs Establishment of Private Economic Groups
Prime Minister Nguyen Tan Dung has agreed in principle to set up private economic groups as proposed by the Vietnam Young Entrepreneurs Organization (VYEO).
The government leader has asked the Ministry of Planning and Investment to cooperate with ministries, agencies and the VYEO to submit the model for such groups.
The PM said that the government would offer favorable conditions, including the business environment, legal system as well as administrative procedures for the groups’ development.
The Ministry of Industry and Trade was also assigned to work with the VYEO and other agencies to support outstanding businesses’ efforts to further promote their brand names in the international market. (VoV)
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