Decriminalization of economic relations
This afternoon (October 11) at the Presidential Palace, General Secretary and President To Lam met with a delegation of outstanding businessmen from the Vietnam Federation of Commerce and Industry (VCCI) and the Vietnam Association of Private Entrepreneurs on the occasion of the 20th anniversary of Vietnamese Entrepreneurs Day (October 13, 2004 - October 13, 2024), according to VNA.
Sharing the recommendations and proposals of businesses, General Secretary and President To Lam affirmed that from the perspective of state management agencies, in recent times, the awareness of the position and role of the business community has had positive changes.
The legal system, mechanisms and policies have been gradually improved; property rights, freedom of business of the people, and economic activities of organizations have been institutionalized and protected by law.
The State's management methods are more suitable to the market mechanism; the investment and business environment has been gradually improved; the viewpoint of not criminalizing economic relations reassures investors, businesses and entrepreneurs.
However, the business community still has few opportunities to directly participate in policy making; the voice of business people is still rarely heard at many levels and in many sectors, or is heard but not significantly or substantially absorbed.
Difficulties in legal institutions and the slow-to-change business environment, including overlaps, ambiguity, and impracticality in some legal documents. The country’s resources are “stagnant” in suspended planning, projects with procedural problems, etc.
Special role in the era of national development
To achieve the goal of turning our country into a high-income developed country in the next 20 years and building a green, inclusive and sustainable growth economy, General Secretary and President To Lam said that it is necessary to continue to strongly reform the economy and laws, prioritize investment in developing high-quality human resources in key and spearhead industries and focus resources on investing in building strategic infrastructure such as electricity, transportation, irrigation, information technology, digital technology, etc.
The General Secretary and President said the future of Vietnamese entrepreneurs is very promising but also full of challenges. The business sector will play an even larger and more important role in the prosperity of the country.
Assessing that this is the time to reshape the role of business leaders and the mission of the business community, General Secretary and President To Lam believes that the business community and businesses will certainly play a particularly important role in the new era - the era of the Vietnamese nation's rise.
The General Secretary and President said the rise of the digital revolution, especially in areas such as e-commerce, financial technology, artificial intelligence, cloud computing, etc., has opened up the potential to exploit global markets without facing many significant geographical barriers.
This is an opportunity for Vietnamese entrepreneurs with a vision for technological innovation, establishing a “digital production method”, taking shortcuts, anticipating world trends, creating a strong position and influence in a number of key industries, creating high added value, and bringing the national economy to higher levels of the value chain.
General Secretary and President To Lam asked Vietnamese businessmen to promote national spirit, patriotism, uphold business ethics, have great ambitions and aspirations for development, become models of entrepreneurial spirit, conduct business with integrity, humanity, and responsibility; always maintain faith in their own career, the country's future and future.
