14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
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VBF: PM regards anti-corruption as priority in 2015

PM Nguyen Tan Dung on December 2 attended the Viet Nam Business Forum 2014, an official dialogue channel between the Government and the Vietnamese business community for establishing a favorable business environment, attracting more investment and stimulating economic growth.

The event was held in the context that the Government has launched a number of measures to improve the investment environment to create transparency and confidence for domestic and foreign enterprises.

At the forum, delegates discussed six main issues including the public and bad debt in the financial sector, measures to enhance the development of the private sector (Small and Medium-sized-enterprises and the domestic enterprises); labor issue, the privatization process of State-owned-enterprises, administrative procedure reform, as well as issues arising after the country joined trade agreements.

 

 

Co-chair of the VBF Virginia Foote spoke of achievements Viet Nam has made, especially the National Assembly's adoption of the amended Law on Investment and the Law on Enterprises.

PM Nguyen Tan Dung revealed the Government’s goals set for 2015, including a GDP growth rate of 6.2%, an inflation rate of 5% and a reduction in budget overspending to around 5%.

To that end, the Government will focus on completing the market economy mechanism since it was regarded as a breakthrough, reforming mechanisms, laws, administrative procedures, developing capital, monetary, labor and real estate markets, facilitating businesses to increase labor and competitiveness capacity; bettering the business environment and preventing smuggling and trade of fake commodities.

PM Dung also highlighted the anti-corruption work as a priority in the future, proposing two major solutions including the completion of the market economy in accordance with reforming administrative procedure, being transparent in asset, budget, mineral resources, and State-owned enterprise management, and strictly dealing with corruption activities.

The Government will also guarantee the social fairness and security in terms of job creation, healthcare service, educational opportunities and poverty reduction, he asserted.

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