THE PM LISTENED TO SUGGESTIONS FROM 14 PRIVATE CORPORATIONS

This morning 30-9, Prime Minister Nguyen Xuan Phuc met and listened to the comments of 14 leading private economic corporations in Vietnam in the seminar “Policy dialogue with some private economic groups” .

Including: Mr. Dang Van Thanh – Chairman of Thanh Thanh Cong Corp.,(TTC Group.), Doan Nguyen Duc – Chairman of Hoang Anh Gia Lai Group, Mr. Do Van Phu – Chairman of DOJI Group, Ms. Thai Huong – Chairman TH Milk Group, Ms. Nguyen Thi Phuong Thao – General Director of VietJet Aviation Joint Stock Company, Mr. Vu Van Tien – Chairman of Board of Director of Geleximco, Mr. Tran Thanh Hai – Chairman of Nutifood Board, Ms. Nguyen Thi Mai Thanh – Chairman of BOD REE, Mrs Bui Thi Nga –President of BRG Group …

Leaders of private conglomerates exchanged on the sidelines of the talks

Vu Viet Ngoan – Head of the Economic Advisory Group of the Prime Minister Nguyen Xuan Phuc said that in 2017 the economy has prospered but there is still much work to do to achieve the growth target and the future development road of this coming country.

“The PM held talks with a number of private economic groups with the theme of the Government and private economic groups working together to develop the economy, listen to and innovate policies for the private sector. Growing more and more “- said Vu Viet Ngoan.

Prime Minister Nguyen Xuan Phuc

Speaking at the seminar, Prime Minister Nguyen Xuan Phuc emphasized: “In the past, the government often met with state-owned enterprises (SOEs) but this year we decided to meet, dialogue with the private sector.. The corporations that sit here are the first step to success, contributing to the development of the country”.

Prime Minister said that the Government wants to listen to difficulties and problems in the development process, what is set out to implement : “The Resolution of the 5th Plenum” to the private economy is the driving force for development.

“Why the private economy in Vietnam has not developed yet? Because of the business environment or taxes, labor and environment, what should the government do to help the private sector to develop ? “- The prime minister raised the issue and expressed the desire of representatives of private economic groups should to speak directly, truthfully.
According to the prime minister, there has never been a big corporation before, and the role of the private sector has not been emphasized. In fact, many SOEs shareholder are only accounted for 0.5% of enterprises, 96.7% of private enterprises, FDI enterprises only 2.6% … Private enterprises occupy the big position in the structure of the current number of enterprises .

 

Prime Minister Nguyen Xuan Phuc meets Do Van Phu – Chairman of DOJI Group

“Many corporations and private corporations are very successful, among them are those who are sitting here today,” the PM sharing.

However, the head of the Government said that in 496,000 enterprises are operating, private enterprises account for the majority, large enterprises only occupy less than 10,000, the remaining 486,000 small businesses, super small businesses. The Prime Minister said that the role of the leader, and the contribution to the economy is very important. Private firms not yet account for a high proportion of assets, but they account for 43% of GDP for country.

 

“What is the knot here? The delegate often come up with issues that are supposed to be solved for the private sector to develop. From this voice we will formulate policies, orientations to continue to create frameworks on Legal, business environment for private businesses to develop in the right direction, more and more powerful corporations with small and medium enterprises “- Prime Minister hopes.