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Listen to company concerns, City told

Update: November, 29/2012 - 10:38

HCM CITY (VNS)— Municipal authorities should hold in-depth discussions with enterprises to find effective measures to ease difficulties faced by them, Le Thanh Hai, Politburo member and Secretary of the HCM City Party Committee said on Tuesday.

Addressing a meeting of the city's Party Committee, Hai said the city should create conditions to support 17 State-owned corporations that are achieving high growth in tough economic conditions so as to ensure their restructuring or equitising process is on the right track.

He said more interest rate support should be provided to firms upgrading their equipment and technology.

"The city should also continue to promote the programme to stimulate consumption through the price stabilisation prog-ramme covering essential items, because it helps poor people, students and workers buy products at cheap prices, and at the same time, helps businesses solve their inventory problem," Hai said.

He also asked relevant agencies to continue seeking measures to address difficulties faced by the real estate market, be more active in dealing with commercial banks' bad debts and remove credit bottlenecks for enterprises.

"The city should not let businesses cease operations because they can't borrow capital," he said.

Hai said that in the context of national and international economic difficulties, HCM City has achieved encouraging socio-economic results this year.

He noted that the city has targeted a GDP growth rate of 9.5-10 per cent for the next year, but it should still strive to achieve more than 10 per cent so as to create an impetus for growth in 2014 and 2015.

The meeting agreed that the city would ask the central Government to allow it to study provisions of the Urban Planning Law, Construction Law, Housing Law and the Real Estate Law and find ways to make them practical and relevant to the actual situation in the city.

Following this, the city would propose to the Government that it permits the city to implement, on a pilot basis, measures to enhance self-control; and achieve greater autonomy in planning, construction and development. — VNS

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