At the group discussion session on the socio-economic situation on April 10, Member of the Party Central Committee, Vice Chairman of the National Assembly Nguyen Hong Dien said that it is necessary to focus on institutionalizing viewpoints and guidelines, especially new viewpoints, guidelines, and policies, to remove obstacles and difficulties in practice; and at the same time ensure synchronization with international law and international practices.
This is the most important issue today that we can do in each week, each month to focus on solving the difficult problem, to achieve growth.
According to the Vice Chairman of the National Assembly, it is necessary to establish and strengthen trust with domestic and foreign investors.
Our foreign investment "wave" has increased quite strongly for many years and is quite stable. That is due to stable institutions and political situation. This is a very good environment for investors.
However, 72-74% of the current export value belongs to FDI enterprises, which means that 72-74% of cheap energy prices, cheap labor costs, and 72-74% of the world market share are exploited by these enterprises.
This poses a requirement to continue to rectify to attract investment not only in capital but also in technology and management capacity.
We must set conditions for foreign investors to come to Vietnam not only to exploit our country's advantages but also to have an obligation to spread to the business community, especially small and medium-sized enterprises of Vietnam. At the same time, we have an obligation to exploit raw materials on the spot instead of importing from other countries," the Vice Chairman of the National Assembly noted.
It is necessary to re-establish an investment environment so that foreign investors have more obligations and responsibilities towards us.
Money is very precious, but what we need more is technology, following money must be new technology, new technology must follow new management; it is necessary to attach the responsibility of FDI enterprises for spreading to the domestic business sector. Only then will our investment attraction be substantive," the Vice Chairman of the National Assembly pointed out.
For the domestic market, the Vice Chairman of the National Assembly clearly stated that there need to be solutions to reassure people and society to invest money, not to "bury money in soil, in gold, or throw money out of Vietnam's borders". This is an issue we need to think about.
From the above reality, the Vice Chairman of the National Assembly proposed that there must be steps to nurture revenue sources, nurture the strength of the people, and nurture the strength of businesses. First of all, it is necessary to publicize the obligations and support mechanisms in the initial stage to encourage investors and people with money to feel secure in putting money into production and circulation.
The Vice Chairman of the National Assembly cited that there are currently hundreds, even thousands of real estate projects nationwide that are not put into use and are "covered in tarpaulins". Thus, every day that passes, just the daily interest has "evaporated" tens or hundreds of billions of VND of the country. Therefore, it is necessary to focus on removing difficulties and obstacles to release resources in unfinished works and projects nationwide.
This is a very hot issue. If this can be resolved now, the resources available across the country will be very large," the Vice Chairman of the National Assembly raised the issue.
