Support training businesses to sell on digital platforms

Growth of 8% or more

To achieve the growth target of 8% or more, the economic scale reaching over 500 billion USD, and GDP per capita in 2025 reaching over 5,000 USD, the Prime Minister requested all levels, sectors, and localities to continue to resolutely and synchronously implement tasks and solutions.

In particular, closely monitor developments in the international and domestic situation, thereby proactively forecasting and having flexible and timely policy responses, especially to the new US tariff policy. Prioritize promoting growth associated with macroeconomic stability, controlling inflation, ensuring major balances of the economy. Promote disbursement and effective use of public investment capital, striving for the disbursement rate of public investment capital in 2025 to reach 100% of the plan.

Along with that, the Prime Minister also requested urgent research and proposal to amend laws to remove bottlenecks, unblock resources, release all endogenous capacity and social productivity, and promote socio-economic development. At the same time, review all investment and business conditions, practice conditions; effectively implement Resolution 02 of the Government on improving the business environment, create all conditions to quickly resolve investment procedures, encourage all economic sectors to participate in investment...

These solutions have been strongly implemented by the Government , ministries, branches and localities since the beginning of the year.

Accordingly, the Hue City Party Committee has deployed the "Action Program to implement Conclusion 123 of the Party Central Committee on the Project to supplement socio-economic development in 2025 with a growth target of 8% or more". The city also set a target of striving for a GRDP growth rate of 10% or more in 2025, with an economic scale of about 93,000 billion VND. Along with that, solutions to focus on perfecting institutions and laws and improving the effectiveness of law enforcement; being drastic in disbursing public investment capital, supporting and promoting investment projects, and new growth drivers have also been proposed.

Building a friendly investment environment

The solutions that the Government and the city have just implemented partly show that, in order to achieve this growth target, in addition to promoting the development of the public sector, the private sector must also be focused on. Because according to data from the Ministry of Finance, the business sector is contributing about 60% of GDP, creating jobs for 85% of the total workforce, accounting for 98% of total import-export turnover. This force also plays an important role in increasing budget revenue, creating economic restructuring as well as being an important resource in development investment. Therefore, removing difficulties, creating a friendly investment environment, and unlocking investment resources not only promotes business development, but also creates momentum for overall growth.

According to Dr. Nguyen Tan Binh, Director of the Institute for Scientific Research and Business Administration, creating a legal corridor for businesses to operate and facilitating state agencies without hindering the freedom of business of businesses is an important requirement in promoting the investment and business environment. "Abolishing at least 30% of unnecessary investment and business conditions; reducing at least 30% of the processing time of administrative procedures; reducing at least 30% of administrative procedure costs" in the spirit of Prime Minister Pham Minh Chinh is also assessed to contribute to creating favorable conditions for people and businesses to invest capital in production and business.

As Chairman of the City Business Association and Chairman of the Hue FDI Club, Mr. Tran Van My also believes that enterprises play a key role in socio-economic development, contributing to job creation, income increase and innovation promotion. For the private economic sector to develop further, focusing on creating a favorable business environment is considered an important foundation. In particular, reforming administrative procedures, simplifying licensing processes, creating favorable conditions for enterprises to access resources and expand operations, transparency and consistency in policies will help enterprises feel secure in long-term investment.

In addition, access to finance and capital is a decisive factor in the growth of this area. The State also needs to encourage the development of investment funds, preferential credit support programs and promote cooperation between enterprises and financial institutions to ensure capital for innovation and production expansion. Along with that, it is necessary to promote cooperation between enterprises and universities and vocational training centers to help improve labor qualifications, meet the demand for skilled personnel and the ability to adapt to digital transformation trends. In addition, policies to support startups and innovation also need to be focused on. Building a strong startup ecosystem, supporting startups by providing co-working space, business consulting and connecting with investors are also solutions that need to be paid attention to and implemented more regularly. These factors, if implemented synchronously and effectively, will promote business development, contribute to the overall growth of the city, as well as improve the quality of life for people.

Article and photos: Hoang Anh

Source: https://huengaynay.vn/kinh-te/cai-thien-moi-truong-dau-tu-kinh-doanh-thuc-day-tang-truong-153634.html