Representatives from the Vietnam-ASEAN Economic Cooperation Development Association (VASEAN) have asked for stronger support from the Government and Prime Minister Nguyen Xuan Phuc for the business community to overcome difficulties brought about by COVID-19 pandemic and recover and expand production, during a meeting with the PM in Hanoi on March 18.
Prime Minister Nguyen Xuan Phuc (standing) addresses the meeting (Photo: VNA)
– Representatives from the Vietnam-ASEAN Economic Cooperation Development Association (VASEAN) have asked for stronger support from the Government and Prime Minister Nguyen Xuan
Phuc for the business community to overcome difficulties brought about by
COVID-19 pandemic and recover and expand production, during a meeting with the PM
in Hanoi on March 18.
They lauded the Government’s efforts in controlling
COVID-19, which has helped maintain production and business activities, while
showing hope for more favourable conditions in terms of mechanism and policies
related to land use and credit, as well as smoother business and investment
Formed in 2008 under the initial name of Vietnam-Laos-Cambodia
Economic Cooperation Development Association, the VASEAN groups Vietnamese businesses,
scientists, individuals and organisations operating in areas related to
economic, investment, trade and tourism cooperation between Vietnam and ASEAN
member countries as well as other partners including Japan, China, the RoK and
Over the years, the association has helped its members
explore ASEAN market, while contributing opinions to the State’s policy-making.
Speaking at the meeting, PM Phuc said that Vietnam has
managed to overcome difficulties in all fields, especially those brought by
COVID-19 pandemic and natural disasters, thus successfully implementing the
twin target, posting high growth and integrating deeply into the world.
He noted that Vietnam has signed the Regional Comprehensive
Economic Partnership (RCEP), opening up a massive space for cooperation. Meanwhile,
the country has ensured stable macroeconomic situation and the people’s living conditions,
he said, adding that the country’s higher position, stable socio-economic
situation and people’s solidarity are good conditions for businesses.
Lauding the achievements of the business community, he
underscored that the Party and State have given optimal conditions for people
and enterprises to develop, while protecting their legitimate rights.
The PM stressed the significance of promoting ties with
ASEAN countries, especially in economy, asserting that this greatly depends on
the dynamism of businesses. Last year, Vietnam successfully hosted the ASEAN Summit, he said, adding that cooperation chances with the association remain abundant.
He suggested that Vietnamese businesses carefully explore
these markets to design sustainable business strategy.
He affirmed that the Government will work to further improve
the investment environment, and asked the business community to contribute recommendations on relevant mechanism and policies.
The PM also showed his hope that VASEAN members will help
connect Vietnam and partners in ASEAN region and the rest of the world./.