PM requests ironing out the snags in import-export, investment
VOV.VN - The Prime Minister has directed relevant ministries, agencies and localities to resolve difficulties in terms of administrative procedures, capital accessibility, business conditions, debts, taxes and fees to facilitate business production.
In a telegram dated April 10, the PM pointed out that the global economy is fluctuating strongly, thereby negatively impacting global recovery and growth, including post-pandemic recovery efforts in Vietnam.
Amid this context, he said that the designated agencies and localities should remove difficulties and devise measures to support businesses, accelerate key projects, and promote production, thereby creating a driving force for further economic growth in investment, export, and consumption.
He assigned the heads of the municipal and provincial administrations to review and make a report on production and business activities, construction and import-export, as well as key investment projects.
The report should clearly outline the difficulties related to the market, employment, credit, investment procedures, and site clearance, and propose solutions to these problems, the PM said in the telegram.
The report should be sent to the Ministry of Planning and Investment on April 13 at the latest for consideration and submission to the PM.
The PM said that he would then assign Government members to work with localities aimed at clarifying the causes and coming up with feasible solutions in a bid to facilitate recovery.
Statistics show that the Vietnamese economy expanded by only 3.32% in the first quarter of the year, the second lowest growth rate in the 2011 to 2023 period. Most notably, the growth of major industries such as textiles, leather and footwear, and furniture processing fell by 0.82% quarter-to-quarter due to a shortage of export orders.