The socio -economic development situation in the first months of 2024 was quite positive, with GDP in the first quarter increasing by nearly 5.7%. Many economic indicators in the first 4 months have improved, such as: The health of the business community has recovered with the number of enterprises entering the market of 81.3 thousand enterprises, up 3% over the same period, FDI capital poured into Vietnam reached 9.3 billion USD, up 4.5%, the trade balance of goods surplus of 8.4 billion USD. Showing a quite impressive picture in the context of many world instabilities.
Assoc. Prof. Dr. Dinh Trong Thinh - Economic expert Our industries have good growth. And if we look at it as a whole, we believe that our economy is on the right track, businesses are recovering and growing, contributing more to the economic development of the country.
However, in that picture, there are still many shades of gray. On average, about 86.4 thousand businesses withdraw from the market each month, an increase of 12.2%. This shows that there are many unsuccessful business ideas, and the capital invested does not bring the expected results. Therefore, the business community hopes that at this session, in addition to discussing and considering existing difficulties, the National Assembly needs to consider risks and challenges arising from institutions, legal regulations, or operations of management agencies, ministries, branches, and localities.
Mr. Nguyen Huu Phuoc Nguyen - CEO of Selex Motor Company Support policies for manufacturers to access capital more easily as well as policies on taxes and fees such as lowering import taxes, VAT... Those will support production and we stimulate demand from both sides, encouraging both manufacturers and consumers, then this can be done from policies from the Government . I also expect the National Assembly and the Government in the next meeting will have solutions to support business development.
Mr. Pham Xuan Hoe - General Secretary of the Vietnam Financial Leasing Association I hope that the National Assembly will discuss carefully how to implement the groups of solutions proposed by the National Assembly, especially how to promote the group of solutions to support businesses such as tax exemption, land rent reduction, ... all of which are in real numbers. If we only give numbers that are only technical in nature, it will not really bring support to businesses and people.
In particular, the National Assembly passed the Land Law (amended) and took effect from July 1, which has a great impact on business activities of enterprises. This is the Government's effort to bring the Land Law into effect 6 months earlier than the beginning of 2025.
Mr. Dau Anh Tuan - Head of Legal Department, Vietnam Federation of Commerce and Industry (VCCI) Notably, the issue of land access is still a major obstacle for investors and enterprises, and through a survey of enterprises, this is also an obstacle. Therefore, we really hope that the 2024 Land Law and guiding decrees on July 1 will solve this problem, this is a major problem in practice.
The business community desires a predictable business environment, which must be based on long-term legal documents and policies, based on consistent principles in management. The innovation in legal policies in the future will continue to foster the spirit of overcoming difficulties of businesses, thereby creating a strong driving force to promote economic recovery and development.
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