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Businesses’ investment capital means 'votes' of support for Government: PM

VGP – PM Nguyen Xuan Phuc has said that the capital invested in the economy not only brings benefits to enterprises but also means the votes of support for the Government, levels and sectors in their efforts to reform and construct a facilitative administrative system, and a source of encouragement for the Government and the business community to join hands for mutual development in the common house of Viet Nam.

December 12, 2017 3:01 PM GMT+7

Photo: VGP/Quang Hieu

The PM made the remark at the Annual Viet Nam Business Forum (VBF) 2017, which was co-organized by the Ministry of Planning and Investment, the World Bank, the International Finance Corporation, and the VBF Consortium in Ha Noi on December 12.

Speaking highly of the contributions made by the VBF and the business community to Viet Nam’s socio-economic development over the past years, he affirmed that so far this year, the Vietnamese economy has been growing vigorously, with comprehensive results reached across all spheres, notably including the GDP growth rate of 6.7%, the highest level in the past 10 years.  

Photo: VGP/Quang Hieu

Reviewing the assessments of international organizations on the business climate in Viet Nam, PM Phuc stated that there remains a lot of work for Viet Nam to do in order to continue improving its international business climate ranking as well as the competitiveness of the economy, towards not only entering the leading group in the ASEAN region but also meeting the higher standards set by the Organization for Economic Cooperation and Development (OECD).

He expressed his belief that the VBF will continue to be an important and effective policy dialogue channel between the business community and the Government, towards achieving the socio-economic development and sustainable development goals.

                                                                                                        By Vien Nhu