Managers need specific guidelines to implement Resolution 02/NQ-CP dated January 5, 2024 on the main tasks and solutions to improve the business environment and enhance national competitiveness in 2024.
This recommendation was made by the American Chamber of Commerce in Vietnam (Amcham Vietnam) at the conference “Implementation of Resolution 02/NQ-CP: Reforming the foundation for promoting business development,” organized by the Ministry of Planning and Investment on February 29.
According to Amcham representatives, Vietnam and the United States have established a comprehensive strategic partnership. To date, the value of Vietnam-US trade has increased nearly 300 times to reach $123 billion. Currently, the United States is Vietnam’s largest trading partner, with American companies playing a very important role.
In the context of continuing economic difficulties after the COVID-19 pandemic and global instability, the Government has proactively implemented policies to support the business community, resulting in economic growth in 2023 reaching 5.05%, higher than many other countries in the world.
Amcham representatives highly appreciate the Government’s continued vigorous efforts to implement various solutions to support the economy in 2024. Specifically, the policy of reducing value-added tax to 8% and directing banks to lower lending rates, and most recently, Resolution 02/NQ-CP.
The content of the Resolution clearly directs the removal of legal obstacles in investment, continued administrative reforms, reduction of business conditions and procedures, and increased access to capital for enterprises. Especially, it removes barriers to the implementation of extended producer responsibility (EPR) and provides various concrete solutions.
The representatives of Amcham emphasize that the directives in Resolution 02 regarding the removal of obstacles in EPR implementation are very specific. The content clarifies that companies are allowed to perform both self-recycling and payment for recycling support for the same type of packaging and waste products within the same year. In addition, companies contribute to recycling based on actual quantities, with the deadline for submission extending until the end of the first quarter of the following year. Furthermore, it encourages research and proposes incentives for environmentally friendly packaging or the use of recycled materials.
However, according to the Amcham representatives, so far there has been no information from the Ministry of Natural Resources and Environment on the implementation of these directives in Resolution 02.
Therefore, Amcham proposes that the Ministry of Natural Resources and Environment promptly provide specific guidelines for the implementation of Resolution 02 to remove obstacles in EPR for businesses, in line with the Government’s determined spirit.
“We also hope that the Government will closely monitor the results of the implementation of Resolution 02 to ensure that the directives are followed. In addition, Amcham will monitor the implementation results of the Resolution to make recommendations to the Government and support Vietnam in continuing to improve the investment environment,” the representative said.
Hanh Nguyen
