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Overcoming challenges, taking opportunities and recovering the economy

Update: 11-05-2020 | 11:20:35

Prime Minister Nguyen Xuan Phuc emphasized this when he delivered the opening speech of the national online conference with enterprises in the morning of May 9. This is also the theme of the conference, in order to remove difficulties, promote production, business, restoring the economy while coping with the Covid-19 epidemic.

Supporting businesses to clear goods quickly to restore import and export activities is one of the solutions that Binh Duong Customs is taking.

Turn risks into opportunities

Determining that this is the time when our country basically controlled the Covid-19 disease and is an opportunity for businesses to recover, develop production and business. Many countries' economies in the world are in recession and may last for many more quarters. In the first quarter of 2020, Vietnam achieved a growth of 3.82%, a relatively high growth rate compared to the world average. According to the assessment, this is the highest growth rate of ASEAN countries in the first quarter.

During a pandemic, the economy was like a spring compressed, now is the time to be ready to inflate. In that spirit, Prime Minister Nguyen Xuan Phuc stated that 5 "frontier armor" will focus on implementation, including: Attracting investment, firstly private investment; FDI attraction; boost exports; promote public investment and encourage domestic consumption. The Prime Minister emphasized that now is not the time to "complain poor, tell suffering" but promote patriotism.

“The conference takes place in the context that the Covid-19 epidemic has been pushed back in our country, will motivate a revolutionary spirit, patriotism, people and businesses to work together to overcome difficulties and determination to restructure. to accelerate development and achieve growth targets; as well as affirming to the world that Vietnam is determined in the environment and new conditions to move the country forward, ”the Prime Minister said.

Blowing enthusiasm, arouse faith

A survey of the current situation of enterprises conducted by the Vietnam Chamber of Commerce and Industry (VCCI) in early May showed that 55% of businesses will continue to maintain the current production scale in the third quarter, about 22% of enterprises have successive plans. plans to expand production and business, only 21% will narrow the scale, suspend operations. It can be clearly seen that the rate of enterprises expanding production and business scale is also much lower than before the epidemic and the rate of enterprises expected to scale down is also higher. However, it is very respectful that many businesses, even though profits are no longer, even loss, revenue decline, still try with the highest level to take care of workers.

Speaking at the conference, Mr. Vu Tien Loc, Chairman of VCCI, said that in the country, the confidence of people and businesses continued to be aroused. Internationally, the movement of global supply chains is targeting Vietnam as a safe destination. To take this opportunity, promoting institutional reform is the most important foundation. “When I asked leaders of large enterprises, even in the most difficult times of a pandemic, what they needed, they said very frankly and sincerely that, knowing the State was difficult, businesses did not ask for money, only please mechanism. I believe that the mind of an enterprise is the mind of the winner. We also understand a very simple thing that, it is transparency, simplification, in order to minimize the time and cost of implementing administrative procedures, which is a sustainable solution to support businesses ”, Mr. Vu Tien Loc shared.

The foreign business community also highly appreciates the always reform and improvement of Vietnam's investment environment. Especially the measures to prevent the disease Covid-19, Vietnam has done very well, the business community admires it. Both of these things contribute to strengthening the confidence of the foreign business community about Vietnam - a safe and attractive investment destination. Mr. Vu Tu Thanh, Deputy Regional Executive Director of the US-ASEAN Economic Council, affirmed that the business community of countries in general and the US business community in particular, always believed in the Government and economy of Vietnam. . The Council wishes to bring more businesses to Vietnam in the near future.

Speaking at the conference conclusion, Prime Minister Nguyen Xuan Phuc stated three requirements for businesses: Do not expect and rely on development; strong restructuring for sustainable development; promote technology application in development. The Prime Minister emphasized that Vietnamese enterprises and foreign enterprises investing in Vietnam are associated with the pride of the Vietnamese nation, a nation who always overcomes difficulties and challenges. “Vietnam has a saying,“ the fire of gold is hard to try, ”if difficulty 2, we must try 3, especially when the Covid-19 epidemic is still affecting. Therefore, we must unite, and resolve to complete the task in this year and the following years, ” Prime Minister Nguyen Xuan Phuc instilled motivation and confidence to all levels, industries and the business community.

Reported by Ngoc Thanh – Translated by Vi Bao

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