Hanoi conference seeks to remove business credit difficulties
VOV.VN - Prime Minister Pham Minh Chinh chaired a national conference in Hanoi on December 7 to discuss solutions aimed at unlocking capital sources for businesses that have been crippled with credit access in order to maintain and spur production.
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The conference was attended by leaders of relevant ministries, commercial banks, business associations, small and medium-sized enterprises, and real estate operators.
Over recent months the Government has introduced policies to assist businesses in weathering economic fallouts due to domestic difficulties and global market uncertainties. Despite joint efforts, businesses claim that they still find it difficult to access credit packages on offer.
Addressing the conference, PM Chinh emphasised that banks correlate with businesses and they are both part of the economic ecosystem.
Only when the economy develops will banks and businesses develop, and vice versa, stressed the PM, stating that each individual and each industry should shoulder the responsibility to create the aggregate strength of the economy.
He pointed out some of the difficulties that the national economy has been enduring, saying in such a context, policies should be flexible in the principle of harmonious benefits and risk sharing.
“We are not lowering lending conditions, but can we be flexible? There are businesses facing difficulties, but their projects are feasible, can they borrow loans?” he raised questions, citing difficulties faced by real estate businesses.
He then asked participating delegates to frankly discuss the situation and work out solutions in a bid to iron out any snags.