Vietnam not let COVID-19 hold back its pace: former VCCI leader

Vietnam is spreading a message among domestic and foreign business community that the country will not let COVID-19 to hold back its pace of development and Vietnam has been and will continue to be the top destination for investors, said Vu Tien Loc, President of the Vietnam International Arbitration Centre (VIAC).
Vietnam not let COVID-19 hold back its pace: former VCCI leader ảnh 1Illustrative image (Source: VNA)
Hanoi (VNA) –Vietnam is spreading a message among domestic and foreign business community that thecountry will not let COVID-19 to hold back its pace of development and Vietnam has been and will continue to be the topdestination for investors, said Vu Tien Loc, President of the Vietnam International ArbitrationCentre (VIAC).

Speaking at an online meeting between Prime Minister Pham Minh Chinh with businesses and localities on September 26 on measures to support them amid COVID-19, Loc, who was President of the Vietnam Chamber of Commerce and Industry (VCCI) in the previous tenure, held that theadjustment of COVID-19 response strategy from no COVID-19 to safely andflexibly adapting to and effectively controlling the pandemic is a sound and timelydecision.

The amendments in vaccinestrategy as well as efforts to increase supply and speed up injectionspeed as well as the definition of prioritised groups have brought about encouragingresults, he said.

The business leader held that this is a firmfoundation for the Government to launch a process of loosening social distancing,recovering the stagnant production and business activities, and creating a “goldentime” for the rescue of enterprises. “If we re-open any slower, we will have topay a more expensive price,” stated Loc.

However, Loc said thatopening the door does not mean neglecting safety. The Prime Minister hasdirected the Ministry of Health to coordinate with ministries, sectors and thebusiness community as well as experts to draft a guidance on safely and flexibly adapting to and effectively controlling thepandemic.

Loc suggested that noadditional licences or new business conditions should be created during thisprocess.

Vietnam not let COVID-19 hold back its pace: former VCCI leader ảnh 2An overview of the meeting at the Government headquarters. (Photo: VNA)
In order to assist enterprises in quickly switching to the safe operation amid COVID-19, thus completing the dual targets, Loc proposed that economic forces be given greater presence in the National Steering Committee on COVID-19Prevention and Control, and the committee be renamed National Steering Committee on COVID-19 Prevention and Control and Economic Recover to reflect the dual targets.

He added that the same change be made to the steering committees in all localities./.
VNA

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