On October 4, the Government Standing Committee met with business representatives on the occasion of Vietnamese Entrepreneurs Day.
At the meeting, Major General Tao Duc Thang - Chairman and General Director of the Military Industry - Telecommunications Group said that after 18 years of investment, Viettel has become a major telecommunications investor in the world, with a brand value of nearly 9 billion USD, ranking 17th in the world and the number 1 telecommunications brand value in Southeast Asia.
Investing abroad has contributed to positioning Viettel in the international market. In the countries it invests in, Viettel always aims to be a pioneer leading the market in the telecommunications sector. Viettel has 7/10 markets that have risen to number 1, some markets have risen to number 1 within 6 months such as the Bulgarian market, and others have persisted after 12 years such as Mozambique.
Regarding recommendations and proposals, Major General Tao Duc Thang said he was very excited and happy when in a program organized by VTV, the Prime Minister emphasized Vietnam's support points.
"We, when doing business abroad, really need that support, especially in countries where we do not have embassies or investment protection. We need a strategy or resolution in this field so that businesses can confidently go abroad. We need to enhance the role of economic diplomacy to support Vietnamese businesses to invest abroad through business trips by leaders of the Party, State, Government, or visits by foreign leaders and businesses to Vietnam," Major General Tao Duc Thang said.
In addition, it is necessary to assign tasks to leading enterprises, with strengths in specific regions and areas, together with other Vietnamese enterprises to create a complete ecosystem in investing countries.
Mr. Nguyen Van Than - Chairman of the Vietnam Association of Small and Medium Enterprises - emphasized that accelerating the implementation of public investment projects of the State, especially the two super projects of the North-South Eastern Expressway and the North-South high-speed railway, is extremely urgent to create a breakthrough foundation for regions and localities.
In the coming time, the Government will continue to implement phase 2 of the expressway project and at the same time study and implement the North-South high-speed railway project.
One challenge is the "capital" to implement projects, how to keep projects on schedule, effective and especially "reasonably cost-effective".
The Vietnam Association of Small and Medium Enterprises recommends that the Government and the Prime Minister consider and have a specific project on "attracting capital from the people" to serve the two above-mentioned projects, possibly through the form of issuing government bonds with attractive interest rates to encourage people to participate.
According to Mr. Than, the characteristic of Vietnamese businesses and people is that when the country needs them, they are ready to support them wholeheartedly.
In addition, Vietnamese enterprises are fully capable of organizing, implementing and controlling large projects. The government can "set tasks" for large domestic enterprises, guarantee them direct loans and negotiate with foreign partners (to buy technology, hire experts, etc.).
