On May 15, according to information from the People's Committee of Da Nang City, the locality has just issued a plan to implement the Prime Minister's directive on promoting the development of small and medium enterprises (SMEs). This plan sets a target that by 2030, the city will have at least 18,000 more enterprises, branches, and representative offices.
The focus is on creating a favorable and equal environment for the development of employees, focusing on perfecting policies and laws, reforming administrative procedures. Specifically, Da Nang will prioritize the allocation of resources to support innovative startups, improve competitiveness, participate in value chains, digital transformation, green transformation. The city also aims to support businesses in applying technology, innovating and developing new business models.
In particular, the People's Committee of Da Nang City emphasized the need to minimize administrative procedures and simplify investment and business conditions. The goal is to reduce at least 30% of administrative procedure processing time, 30% of compliance costs and eliminate at least 30% of unnecessary business conditions in 2025. This locality also strongly changes management from "pre-inspection" to " post-inspection" associated with strengthening inspection and supervision work.
To support businesses in accessing capital, Da Nang will focus on maintaining interest rate stability, operating proactive and flexible monetary policies and creating trust for businesses. In particular, focusing credit on production and business sectors, priority sectors and economic growth drivers, strictly controlling credit for sectors with potential risks. At the same time, Da Nang will focus on training to improve the qualifications and professional skills of employees, in-depth training in corporate governance and training according to actual needs at enterprises.
The city also encourages the application of e-commerce solutions, taking advantage of e-commerce platforms to expand the market for product and goods consumption, and develop logistics services. Support businesses to effectively exploit opportunities from signed Free Trade Agreements (FTAs), expand and diversify export markets and alternative supply sources.
