Saturday, July 20 2019

VietNamNews

Enterprises need more Government support

Update: June, 19/2019 - 10:38
Đậu Anh Tuấn. — Photo theleader
Đậu Anh Tuấn, director general of the Legal Department of Việt Nam Chamber of Commerce and Industry, talks to Hải Quan (Customs) newspaper about Vietnamese enterprises’ need for more Government support.

What do you think about the current health of Vietnamese enterprises?

A survey conducted in 2018 on the operation of Vietnamese enterprises by the Việt Nam Chamber of Commerce and Industry (VCCI) showed that a high percentage of enterprises were optimistic about their business growth. The same assessment was also made by foreign chambers of commerce based in Việt Nam. Such comments are strong indications that Việt Nam’s economy has penetrated deeply into the world and has attracted many foreign investors.

These achievements should be attributed to the authorities’ efforts to slash many business conditions while reforming administrative procedures.

However, in the remaining months of 2019, Việt Nam should put its efforts into securing niche areas in foreign markets, particularly in the context of the current China-US trade war. It is unavoidable that Việt Nam’s economy will be impacted by the tense situation in the international economy, particularly with production costs getting more and more expensive compared to other countries. Last but not least, our administrative procedures are still cumbersome while our infrastructure has not yet been fully developed, especially roads connecting major ports with urban areas.

What should the Government do to help enterprises develop?

2019 is a pivotal year for the national macro-economy. In its action program for 2019, the government has highlighted the importance of revising its strategy to attract more FDI investment. Furthermore, it is a time for the Government to evaluate the effectiveness of reform programmes in 2018 and previous years.

Meanwhile, the Government has also set a target that by late 2019 Việt Nam will have one million enterprises. Though this target is rather ambitious, theoretically speaking, to achieve it, we need some major breakthroughs. In 2019 the National Assembly has developed a plan to adopt major legal documents with the hope of creating a big change in the business environment. One of the most important breakthroughs in applying the information technology is to improve the Government’s management capacity towards the goal of transparency and accountability to help people and enterprises access public services conveniently regardless of where they are. On the other hand, people can give their comments and suggestions in the course of law building and the Government’s running of national affairs.

For the e-Government, the General Department of Customs has been assigned to take charge of the Việt Nam National Single Window. The National Single Window is a facility that allows parties involved in trade and transport to lodge standardised information and documents with a single entry point to fulfill all import, export and transit-related regulatory requirements. An overriding objective of the Single Window is to strengthen government-government, government-to-business, and business-to-business relationships. _VNS

 

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