On Vietnamese Entrepreneurs’ Day (October 13), Vietnam News Agency spoke to Nguyen Minh Thao, head of Research Department of Business Environment and Competitiveness under the Central Institute for Economic Management (CIEM) about the issues facing Vietnamese enterprises.
2019 will be a busy year for ministries looking to cut business prerequisites, and firms should contribute to making the process more efficient, said Nguyen Dinh Cung, Director of the Central Institute for Economic Management.
Viet Nam still needs to make more reforms to achieve sustainability in economic growth, five years after implementing Government Resolution 19 on improving the business environment and enhancing national competitiveness.
Phan Duc Hieu, deputy director of the Central Institute for Economic...
Viet Nam’s business had improved remarkably over the past five years since the Government took action to cut conditions and raise national competitiveness, however, it had not yet reached its targets.
Ministries and sectors, along with local authorities, must promote their
roles and coordination to help improve the domestic business
environment and enhance national competitiveness.
Besides the important role of the government in creating a favorable,
transparent business environment, local enterprises should become more
active and creative in preparing for more intensive global integration.