Hanoi (VNA) – The Vietnamese Government has consistently prioritisedfast and sustainable economic growth, and the business community plays as a keyforce to realize the country’s development goals, said Deputy Prime MinisterTrinh Dinh Dung on June 26.

Attending the Midterm Vietnam Business Forum 2019 held in Hanoi under the themeof “Roles of business community in rapid and sustainable development”, DeputyPM Dung laid stress on Vietnam’s robust economic growth in the past decade amidunfavourable global economy.

In a bid to harmonise economic growth with social stability, the Government hasmade concerted efforts to ensure the quality of growth, stabilise the macro-economy,develop environmentally friendly industried, and accelerate the production ofhigh-tech products, among others.

Economic restructuring will be given special attention so as to improve thecountry’s competitive edge, he said, adding that focus will be channeled to thedevelopment of the supporting industry to increase Vietnamese firms’ presencein the global value chain, and shake-up in public investment, state-ownedenterprises, finance-banking and energy sectors.

At the same time, investment in comprehensive transport, rural and urbaninfrastructure, as well as in education and training - a decisive factor forVietnam’s sustainable growth, will be prioritized in the coming time.

Deputy PM Dung said that the Government is completing mechanisms to create atransparent business climate, and accelerating administrative procedure reformsto improve efficiency of investment and production.

Meanwhile, it will continue the external policy of multilateralisation anddiversification of international relations, and enhance global integrationthrough engaging in new-generation free trade deals, creating a motive forVietnam’s growth in line with the global economic situations, he added.

Giving recommendations to better the business environment, Chairman of theVietnam Chamber of Commerce and Industry Vu Tien Loc said that the Governmentshould cut post-registration procedures for businesses, pen rational policiesfor micro and small businesses, create favourable conditions to enable firms toaccess capital, and safeguard the investment environment’s stability.-VNA