“A Pledge for Economic Prosperity: De-Criminalizing Financial Matters”

Addressing a gathering of prominent private enterprises, the Prime Minister asserted, "Our government pledges to stand by, protect, and uphold the legitimate rights and interests of businesses, no matter the circumstances. We are committed to refraining from criminalizing economic relations and will actively work towards eliminating bureaucratic red tape, including the abolition of unnecessary permits and licenses."

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On the morning of September 12, Prime Minister Pham Minh Chinh chaired the conference “The Government works with large private enterprises to remove difficulties and promote their pioneering role in investing in major projects, thus contributing to socio-economic development.”

Deputy Prime Ministers Tran Hong Ha, Le Thanh Long, and Ho Duc Phoc, along with leaders of various ministries and large private enterprises across the country, were also in attendance.

The conference focused on two main topics: timely addressing difficulties and obstacles in production and business operations of large-scale private enterprises, and proposing mechanisms and policies to leverage the strengths of these enterprises for the sustainable and robust socio-economic development of the country.

Prime Minister delivers a speech

At the conference, business leaders also shared their challenges and made proposals and recommendations regarding state policies and the social responsibilities of enterprises, especially in light of the ongoing efforts to overcome the severe losses and consequences of recent storms and floods.

After listening to the opinions and suggestions, Prime Minister Pham Minh Chinh expressed his empathy for the challenges faced by the business community over the past years due to unprecedented factors such as the COVID-19 pandemic, wars, strategic competitions, and supply chain disruptions. He also extended his gratitude to the enterprises for their companionship with the Party, State, and people in overcoming difficulties and building a prosperous and mighty country, ensuring the happiness and well-being of the people.

Prime Minister converses with entrepreneurs

The Prime Minister affirmed, “We have great trust and pride in the maturity and strength of the Vietnamese business community, including the enterprises present at this conference.”

He emphasized the government’s commitment to always accompany, protect the legitimate rights and interests of businesses, and never criminalize economic relations. The government aims to eliminate permits and create an environment free from harassment and red tape, which increases compliance costs for enterprises. He assured the business leaders that the government is always listening and ready to address their challenges and difficulties, especially in building and perfecting the institutional framework to facilitate their lawful operations, peaceful production, and business activities, contributing to the country’s development.

Ms. Nguyen Thi Phuong Thao, Chairwoman of Sovico Group

The Prime Minister requested the Deputy Prime Ministers, ministers, and heads of sectors to listen and directly resolve the difficulties faced by enterprises according to their functions and authority. If an issue exceeds their authority, they should report it to the Prime Minister.

“Addressing enterprises’ difficulties means contributing to the country’s economic development. When enterprises thrive, the country prospers. The spirit is to untangle the knots wherever they occur and not to pass the buck, avoid, or cause harassment and red tape,” the Prime Minister emphasized.

Conference panorama

The Prime Minister also affirmed that the agencies would continue to listen to the business community’s opinions to further promote decentralization and delegation of authority, in line with the spirit of the 10th Central Committee Conference and the direction of General Secretary and President To Lam: “Localities decide, localities do, and localities take responsibility.”

Additionally, the Prime Minister requested that enterprises operate within the framework of the law and actively contribute to the development and improvement of the institutional system, especially the socialist-oriented market economy, and the management and promotion of enterprise development.

Minister of Natural Resources and Environment, Do Duc Duy, responds to obstacles in the field of natural resources and the environment

Minister of Transport, Nguyen Van Thang, responds to enterprises’ obstacles in the field of transport infrastructure development

The Prime Minister emphasized the view that the people and businesses are at the center and are the subjects in building and perfecting the institutional and legal framework. The institutional framework should not only effectively manage but also promote development.

The Prime Minister suggested that enterprises promote six pioneering roles, emphasizing: “First, pioneer in promoting the application of science and technology, innovation, and focusing on traditional and new growth drivers, as well as responding to climate change.

Second, pioneer in participating in global value chains, production chains, and supply chains, contributing to building enterprise and national brands.

Third, pioneer in creating jobs and livelihoods for the people, ensuring social security, and leaving no one behind.

Fourth, pioneer in developing infrastructure, especially digital infrastructure, transport infrastructure, cultural infrastructure, and green and resilient infrastructure in response to climate change.

Fifth, pioneer in contributing to the training of high-quality human resources, administrative procedure reform, and the improvement of smart governance, thereby enhancing the business environment.

Sixth, pioneer in unity, mutual support, and collaboration for shared benefits, development, and the prosperity of both enterprises and the country.”

Mr. Tran Ba Duong, Chairman of THACO

Regarding the suggestions and recommendations of the enterprises, the Prime Minister instructed the ministries and sectors to listen, absorb, and resolve them with immediate and long-term solutions. He emphasized the spirit of “say and do,” keeping promises, harmonizing interests, and sharing risks among the people, businesses, and the State.

The Prime Minister expressed the government’s appreciation for the enterprises’ proposals to take on specific tasks in constructing the North-South high-speed railway, urban railways, steel production, expressways, power plants, airports, seaports, the National Exhibition Center, social housing, and improving nutrition for children and the physical health of the people.

Ms. Thai Huong, Chairwoman of TH Group

The head of the government requested that the ministries and sectors approach their tasks with high determination, great efforts, and resolute actions to work with enterprises to resolve difficulties and obstacles. He emphasized the need for clear assignments of specific tasks, timelines, responsibilities, and concrete outcomes.

The Prime Minister instructed the ministries and sectors to organize thematic conferences with enterprises in areas such as natural resources and the environment, transport, taxation, and investment, in the spirit of “say and do,” keeping promises, and delivering tangible and measurable results.

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