VCCI leader believes in government’s reform determination

Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc has expressed his confidence in the government’s resolve to push reforms spreading to grassroots levels.
VCCI leader believes in government’s reform determination ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) – Chairman of the Vietnam Chamber of Commerce and Industry(VCCI) Vu Tien Loc has expressed his confidence in the government’s resolve to pushreforms spreading to grassroots levels.

The reformsare in line with government resolution No.19 on improving the business climateand national competitiveness in 2017 with a vision to 2020.

Accordingto Loc, confidence should be fostered by the actions of civil servants while communicatingwith citizens and businesses.

It is timeto create stronger impetus to improve the competitiveness of the country andeach enterprise, thereby tapping opportunities brought about by global economicintegration, he said.

He calledfor clearing barriers for businesses, reducing overlapping inspections andsimplifying administrative procedures, adding that high administrative andcapital costs are posing remarkable difficulties to firms.

Loc saidthe government should not only create a level playing field but also direct developmentvia planning.

The VCCIreported that 2016 marked a record year with more than 110,000newly-established enterprises registering total capital of nearly 900 trillionVND (39.1 billion USD).

Last year,the government changed laws on investment and businesses and revoked thousandsof business conditions via circulars, decrees and legal regulations.

Numerouslocalities and authorities at all levels improved their provincialcompetitiveness indexes by rating departments, agencies, districts, communesand civil servants based on public feedback.

Severallocalities established public administrative centres, reshuffled investmentpromotion agencies and connected with e-government services while improvingprofessionalism and integrity of officials.-VNA
VNA

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