Dialogue seeks solutions to support capital for enterprises

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At the event, participants said that Vietnamese products exported to the US market are facing severe competition from the same products of China, Bangladesh, India and Cambodia. For the European market, it is hard to expect growth in the near future due to political changes and gloomy consumption. 

However, with analysis from the country’s export and import reality in the first five months of the year, economic expert Tran Du Lich said that the Government’s policies to support enterprises showed certain results. Export and import turnover reached more than USD125 billion, a year-on-year rise of some USD21.31 billion. Of this, exports were valued at over USD62.09 billion.

Economic experts said 2017 economic movement is not bad, but economic growth restructuring change policy has not met expectations. Aiming to solve the problem, the Government should stabilize the macro-economy and avoid changes in exchange rates and deal with bad debt, which has been in existence since 2012.

For Resolution 35 of the Government, localities should build a system of enterprises with the focus on quality, not quantity. It is necessary to direct them to choose suitable production and business. In addition, functional agencies should make their utmost efforts to reform administrative formalities; reduce official and unofficial costs, especially transport; cut lending interest rate; restructure the quality of workers in the direction of increasing grey matter./.