The Prime Minister suggested that in major national matters, businesses should register to do what they can and propose policies and mechanisms to do it.
On the morning of February 10, the Government Standing Committee met with businesses to discuss tasks and solutions for private enterprises to accelerate and make breakthroughs, contributing to the country’s rapid and sustainable development in the new era.
Also attending were leaders of ministries, branches, representatives of the Vietnam Federation of Commerce and Industry, the Association of Small and Medium Enterprises, 26 large corporations and state-owned and private enterprises.
The government sympathizes with businesses facing difficulties.
In his opening speech, Prime Minister Pham Minh Chinh assessed that the 2021-2025 period was a difficult one with the raging COVID-19 pandemic, wars and conflicts around the world disrupting supply chains; in 2024 alone, storm No. 3 (Yagi) caused serious consequences… impacting the country’s situation.
According to the Prime Minister, since the beginning of 2025, the world has seen new difficulties and complex developments, so businesses need to be prepared for any difficulties that may arise. The Prime Minister affirmed that businesses, especially large businesses, have made important contributions to the country’s overall achievements.
The head of the Government emphasized that the Government sympathizes with businesses in the face of difficulties and is determined to always accompany and remove obstacles for businesses, especially institutional obstacles that are “bottlenecks of bottlenecks” but also “breakthroughs of breakthroughs”.
The Prime Minister stated that in 2025, a new point is that the Government assigns growth targets to all localities, relevant ministries, state-owned enterprises, and sectors.
“If we continue to grow at an “average” rate, we cannot achieve the two 100-year development goals,” the Prime Minister stated.
The Central Government has issued Conclusion 123 requiring GDP growth of at least 8% in 2025 to create momentum, force, and enthusiasm for achieving double-digit growth in the following years. According to the Prime Minister, to achieve this, the contribution of the business community, especially large enterprises, is needed.
Solution to double digit growth?
The Prime Minister said that the Government plans to meet with banks, small and medium enterprises, and FDI enterprises to share and resolve difficulties and problems regarding institutions, mechanisms, and policies, and to give suggestions to the Government, ministries, branches, and localities; and to listen to the opinions of enterprises on what to do in the immediate future and in the future to continue developing.
The Government has directed Ministers and Heads of ministerial-level agencies to continue reviewing and reporting monthly on institutional problems to report to competent authorities for amendment; such as exemption of registration tax for automobile manufacturing enterprises, exemption of VAT for enterprises, exemption and reduction of land rent, water surface rent, taxes, fees, and charges; resolving issues related to planning, land, procedures, licenses, etc.
“This really requires the contribution of businesses. Recently, new laws and regulations related to land and the environment have been issued with the contribution of the business community,” the Prime Minister said.
The Prime Minister raised the issue of what solutions are needed for the country to achieve double-digit growth, such as localities, domestic and foreign enterprises, and FDI enterprises must grow synchronously; carefully analyze and evaluate how to respond to the current situation when a bad scenario occurs?
Expressing admiration, respect and appreciation for the efforts and achievements of private enterprises, the Prime Minister suggested: “In the above-mentioned major tasks of the country, enterprises should register to do whatever they can and propose policies and mechanisms to do, as long as they are not self-serving, anti-corruption and negativity.”
The head of the Government, for example, recently asked Truong Hai Group (Thaco) to research, transfer technology, produce train cars and move towards producing locomotives for high-speed railways; Hoa Phat Group to make high-speed railway rails; FPT Group to focus on training high-quality human resources, designing semiconductor chips, etc.
Assessing the situation with many difficulties and challenges but also many opportunities and advantages, the Prime Minister hopes that business leaders will draw on practice, experience, and success, with passion, enthusiasm, and dedication, and boldly contribute opinions with a sincere and straightforward spirit, all for the development of the country, for the fatherland, and for the prosperity and happiness of the people.