It is necessary to clear up and clarify bottlenecks to promote investment in the economy.

Mr. Trinh Xuan An, National Assembly delegate of Dong Nai, said that the remaining years of 2024 and 2025 are extremely important, the time to finish the entire term. Therefore, he strongly agrees with the Government's Report as well as the proposals of the National Assembly delegates to contribute to socio -economic development. Along with that, Mr. An agrees with increasing the charter capital for the Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB)...

National Assembly Delegate Trinh Xuan An

Speaking further to clarify the socio-economic development in the coming time, Mr. An said that recently, the Government and the Prime Minister have made great efforts and determination, and have shown very encouraging results. We can completely believe that in the coming time, if we go in the right direction and have synchronous and comprehensive solutions, we will achieve the set targets.

Currently, we are devoting a huge amount of social and state resources to investing in infrastructure development and social development, including a huge amount of public investment resources. We have spent more than VND800 trillion on transportation investment, and will soon spend an additional US$260 billion on high-speed railways, with the principle of public investment leading private investment. However, currently, the rate of increase in private investment capital is showing signs of decline, reaching only about 7%, half of the previous period. This raises a paradox: why is public investment large, but private investment decreasing? He believes that it is necessary to clear up and clarify this bottleneck to promote private investment in the economy, while taking the enterprise system as the mainstay, especially private enterprises.

Mr. An agreed with the increase in charter capital for the Joint Stock Commercial Bank for Foreign Trade of Vietnam (VCB) to ensure the safety index and strength of the state-owned commercial bank. However, this raises questions about how to deal with the state-owned commercial banking system in the current context, when banks such as VCB, BIDV, and VietinBank are behind some private banks in terms of capital and safety index. This shows that there is a need for mechanisms to improve the operational efficiency of state-owned commercial banks.

Source: https://thoibaonganhang.vn/can-khoi-thong-lam-ro-diem-nghen-de-thuc-day-dau-tu-tu-vao-nen-kinh-te-157435.html