Hai Phong leaders pledge support to businesses for win-win goal

“The municipal administration is willing to listen to proposals of businesses to help Hai Phong overcome difficulties and accomplish its development tasks,” said Le Tien Chau, secretary of the municipal Party Committee.

By the end of July 2023, Hai Phong had more than 26,000 businesses in operation, of which as many as 25,734 were private businesses and 769 were foreign invested businesses.

Up to now, private businesses have participated in almost all fields of the local economy, from industry and trading, to health care, education, environment, science and technology.

Over recent years, private businesses have developed strongly and dynamically in both quantity and scale. Statistics show they make up about one third of the local economic growth and generate large numbers of jobs for people.

“The city pays special attention to private businesses, considering the development of the private economy as a driving force and an important foundation for socio-economic development,” stressed Quan.

During the dialogue, representatives of businesses raised questions relating to startup and innovation; sci-tech development; urban planning and construction; logistics; digital transformation; tourism development; bank loan interest rates; and credit assistance.

Representatives of municipal leadership answered their questions and affirmed that the city would always accompany domestic and foreign businesses and address their concerns for mutual benefit.

“The city will soon complete and issue business incentives, encourage private businesses to get involved in all economic sectors, enhance their competitiveness on an equal footing, and promote their self-reliance,” said the municipal Party secretary.

“Your success is ours,” said Chau.