At Least 1 Million Businesses in Operation in 2020

These are main objectives of the Resolution on Enterprise Support and Development to 2020, issued by the Government on May 16.

 

The resolution underlined that, to build and perfect economic institutions, create a favourable business investment environment for enterprises to develop and become a driving force of the economy, it is vital to ensure the principle: The State ensures legitimate property rights and freedom of business for people and enterprises in accordance with law while enterprises have the freedom of business in any aspect and industry not prohibited by laws.

 

At the same time, it is important to advocate the policy that the State will take businesses as objects of service and facilitate them to invest and develop business operations, promulgate and implement business laws.

 

The State guarantees the stability, consistency and predictability of policies, strengthens macroeconomic stability, and improves the business environment towards convenience, security and friendliness. The State guarantees equal rights for all businesses regardless of types and economic sectors in accessing opportunities and resources such as capital, natural resources, land and business investment.

 

Regarding small and medium-sized enterprises (SMEs) development, the State must have specific policies to support small SMEs, encourage business start-ups and business innovations.

 

Besides, regulations on business conditions must be clear, transparent and easy to implement, have a suitable roadmap for phasing out sub-licences and unreasonable charges and surcharges. It is important to improve the performance of State management agencies by simplifying pre-checking stages, strengthening post-checking procedures tied with specific conditions and regulations on inspection, testing and surveillance. In particular, criminalising economic and civil relations is not encouraged and all legal violations must be strictly handled.

 

To achieve above goals, the Government requested ministries, ministerial-level agencies, government agencies, provincial/municipal people's committees and relevant bodies to enhance their roles and strengthen close coordination with each other to improve the business environment and enhance the national competitiveness.

 

Chairpersons of Provincial/Municipal People's Committees must host regular public dialogues, at least twice a year, with the business community and the press to timely capture and remove difficulties and problems faced by local businesses. In addition, they must establish and publicise hotlines and online inquiry pages on their websites to receive feedbacks and answer enterprises’ inquiries.

 

In the third quarter of 2016, chairpersons of people's committees of centrally-run provinces and cities must sign commitment documents on creating a favourable business environment for enterprises with the Vietnam Chamber of Commerce and Industry (VCCI) at the witness of the Steering Committee for Enterprise Reform and Development.

 

The Government has assigned VCCI, as a representative of the business community in Vietnam, to build concrete feasible programmes and measures to further improve the quality of operation and perform its role as a social and professional organisation of the business community, entrepreneurs and employers in Vietnam.

 

Also, VCCI summarises and sends recommendations, difficulties and problems faced by enterprises to State management agencies for processing and settlement. The agency also sends monthly reports on results to the Prime Minister and quarterly reports to the Government and publicises those reports on VCCI’s websites.