PM urges firms to highlight difficulties Prime Minister Nguyễn Xuân Phúc has urged local firms to point out the difficulties their operations were facing, pledging the Government’s continued efforts to improve the business climate and stimulate business development.

PM highlights contributions of entrepreneurs to national development Prime Minister Nguyễn Xuân Phúc praised the important role of the Vietnamese business community in national development at a ceremony in Hà Nội on October 13 to mark the 15th anniversary of Vietnam Entrepreneurs’ Day.

VN enterprises need support from State management agencies: VCCI The increasing number of businesses becoming operational again since the beginning of this year indicates positive economic development prospects, said Vũ Tiến Lộc, chairman of the Việt Nam Chamber of Commerce and Industry (VCCI).

More actions needed to boost reforms: businesses

Businesses expect to see quicker actions from State management agencies in the enforcement of the Government’s Resolutions No 19 and 35 to boost reforms and promote business development.

Local business environment lacks robust reforms

The local business environment has not witnessed strong reforms although the government has made efforts to improve the same over the past years, according to experts.

A first for Quảng Ninh as it reaches top spot

Quảng Ninh, for the first time ever, became the most competitive locality in the country, topping the Việt Nam’s Provincial Competitiveness Index (PCI) 2017.

Business community voices suggestions to improve business climate

The Vietnam Chamber of Commerce and Industry (VCCI) reported that it had passed 1,152 petitions from the business community to relevant State agencies as of November 2017-end.

Gov’t regulations still hindering businesses

The Government has had many policies encouraging the development of the private sector. But the sector continues to face many Government-created hurdles, including regulations and required licences and certificates.

PM urges action on excessive business rules

Prime Minister Nguyễn Xuân Phúc has demanded that all corresponding government departments, agencies and institutions to adjust policies as part of an “action-minded” government, to unburden Vietnamese firms of unnecessary business regulations, namely redundant business permits and categorisation.

VN looks to turn home firms into enterprises

In order to transform household businesses into enterprises, it is necessary to use “economic levers” rather than “administrative orders”, said Phan Đức Hiếu, deputy director of the Central Institute for Economic Management (CIEM) in a Hà Nội based conference yesterday.