After listening, need to quickly resolve the problems

Policy loopholes

Over the years, the private sector has contributed significantly to GDP, state budget revenue, and employment for millions of workers. Resolution 41, adopted by the Politburo in October 2023, is a breakthrough aimed at affirming the crucial role of private enterprises in the country's development.

At the seminar "Improving the Investment Environment: Empowering Vietnamese Businesses" organized by the Industry and Trade Newspaper on September 19th, Dr. Vo Tri Thanh - an economic expert - assessed: "Resolution 41 is not only a guiding document but also a major step forward in creating a favorable environment for private enterprises; opening up opportunities for private enterprises to expand globally and become the main driving force of the economy."

Dr. Vo Tri Thanh - Economic expert. Photo: Can Dung

He also emphasized that institutional reform, with a focus on transparency and process simplification, is crucial to realizing the objectives of the Resolution.

According to the expert, institutional reform is not just about improving existing regulations, but also about creating new, appropriate regulations. Institutions have many aspects to analyze, but Mr. Thanh mentioned three aspects: "rules of the game," "players," and "how to play."

In this context, the "rules of the game" are the legal regulations, which need to be improved and reformed to meet reality. The "players" and "ways of the game" are the methods of implementation and the realization of reasonable values, which need to be improved to benefit businesses and the country. Therefore, a testing ground is needed for civil servants, enabling them to work effectively without being constrained by personal interests and complex administrative procedures.

Mr. Hoang Dinh Kien - General Director of Hoa Phat Logistics Joint Stock Company. Photo: Can Dung

With 15 years of experience in the logistics sector, Mr. Hoang Dinh Kien, General Director of Hoa Phat Logistics Joint Stock Company, stated that the company has directly benefited from policies dành for the private sector. The company's asset investment and revenue have increased 15 times.

However, Mr. Kien noted that there are still difficulties in implementing administrative procedures. Even though businesses fully comply with legal regulations, delays in processing procedures in some localities cause businesses to face many risks and affect investment plans.

Mr. Kien cited an example from one of the company's clients; according to them, this business invested in a project in a locality and wanted to increase its investment capital from $3 million to $8 million, but it took nearly 3 months to complete the procedures, while the regulations only require 15 days. The business stated that even though they followed the law correctly, the dedicated support from state management agencies was still not as expected.

"We expect the regulatory authorities to have a more supportive mindset towards businesses. We're not asking for anything beyond reasonable limits, just thorough and enthusiastic guidance so that businesses can implement it immediately. If necessary, organize meetings and resolve issues promptly," Mr. Kien expressed.

To help businesses see "the light at the end of the tunnel"

Having worked for many years in the field of institution and policy building, Mr. Phan Duc Hieu - Standing Member of the National Assembly's Economic Committee - also shared: "After contacting and engaging in dialogue with many businesses, they responded that: When a procedure encounters obstacles, whether due to the fault of the business or the fault of the state agency, they want it to be resolved. They don't want to be left in a situation where they have obstacles but don't know how, whether it will be resolved or not... This greatly affects the morale and motivation of businesses ."

Mr. Phan Duc Hieu - Standing Member of the National Assembly's Economic Committee. Photo: Can Dung

Therefore, the expert believes that institutional obstacles must be addressed promptly. When obstacles arise that are not due to the law but to the implementation process, and businesses report them to local authorities and state agencies, how can these obstacles be resolved and clearly identified?

"In practice, I haven't seen any mechanism to resolve obstacles in the implementation process. I really hope that when businesses encounter difficulties, there will be a hotline to report them; to report them so they can be resolved, not just to be acknowledged. There must be a mechanism to resolve obstacles arising in the practical production and business activities of enterprises," Mr. Phan Duc Hieu said, emphasizing that "when businesses face difficulties and see a 'way out,' that's what motivates them. But when they encounter obstacles and don't see a 'way out,' don't know when they will be resolved, and no one is there to help them, their morale will easily be severely dampened."

Lawyer Le Anh Van - Member of the Standing Committee of the Vietnam Association of Small and Medium Enterprises. Photo: Can Dung

Sharing the same view, Lawyer Le Anh Van - Member of the Standing Committee of the Vietnam Association of Small and Medium Enterprises - believes that state agencies need to accelerate reforms of overlapping legal regulations, while providing stronger support for businesses in the digital transformation process. Along with that, business representative organizations need to be empowered and given more opportunities to play a greater role in receiving and implementing public services that the State can transfer.

"This will help reduce the burden on the government apparatus, while also better supporting businesses in their operations. If these solutions are implemented, the business environment will become more favorable, helping businesses overcome difficulties and develop sustainably," lawyer Le Anh Van affirmed.

Source: https://congthuong.vn/cai-thien-moi-truong-dau-tu-nghe-xong-can-giai-quyet-nhanh-cac-vuong-mac-347859.html