To develop businesses excellently, there needs to be outstanding support policies

Lê Thanh Phong |

On February 19, the National Assembly voted to pass a Resolution on supplementing the Socio-Economic Development Plan for 2025 with a growth target of 8% or more. Please note, 8% or more means there is still a period of expectation for a breakthrough with outstanding economic achievements this year.

To achieve miracles, in addition to the appropriate and timely policies of the Government and national public investment projects, there is a huge resource that needs to be released to contribute to growth, which is private enterprises.

To develop businesses excellently, there must be outstanding support and incentive policies.

First of all, we must remove the long-standing bottlenecks. And, removing bottlenecks is not a matter of great great greatness or distance, but starting to do very specific things immediately, the most core of which is to abolish unnecessary procedures and regulations, creating a healthy administrative system.

The opportunity for administrative reform opened this year is the revolution of streamlining the apparatus. Merging and streamlining will reduce intermediaries, overlapping procedures, and obstacles that waste money and time for people and businesses.

Regarding this issue, General Secretary To Lam stated: "Streamlining the apparatus is not simply to save the budget. Savings are a factor, but the most important of all is to improve the efficiency, effectiveness and efficiency of the State apparatus, creating motivation for the country to develop more strongly".

A quality administrative apparatus will support businesses to produce and do business effectively, and the entire business community will develop strongly, so the economy will grow strongly. A quality administrative apparatus is not only a modern regulatory system, but importantly, a team of elite civil servants who are good at their profession, professionalism and integrity.

There is a lot of work to do and many solutions to support businesses, but in the immediate future, it is necessary to remove obstacles for the real estate market so that hundreds of projects that are "standing" can "rol". Enterprises have access to capital sources, including corporate bonds. The real estate market recovered, attracting many other industries, the labor market also became vibrant again.

The Government prioritizes the development of high-tech industries, artificial intelligence, green transformation, and resource saving. With this call, along with existing businesses, there will be many startups. For the high-tech business community to promote efficiency, there must be special incentive policies.

Lê Thanh Phong
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