Vietnam vows to faciliate businesses towards green growth
The Vietnamese Government is committed to creating favourable conditions for businesses to develop, Prime Minister Phạm Minh Chính said at the Annual Vietnam Business Forum held in Hanoi on Sunday.
It would continue to perfect mechanisms and policies to create a favourable and equal business environment, improve national competitiveness, remove difficulties for enterprises and increase transparency and equality in access to resources.
Top priority would also be given to cutting costs for businesses and synchronously and effectively deploying policies to support firms in capital, technology transfer, training and human resource development.
In his speech at the event, the PM also stressed that green growth was a global trend. Green growth was a significant and important policy of the Party and State Vietnam to ensure fast, effective and sustainable economic development and make an essential contribution to the implementation of the 10-year socio-economic development strategy in 2021-30.
Facing the trend of sustainable development on all three economic, social and environmental pillars, the national green growth strategy has been published and its initial results have contributed to the international community's efforts in responding to climate change.
In 2022, the scale of Vietnam's economy exceeded US$400 billion for the first time with a growth rate of 8.02 per cent and GDP per capita hit over $4,000. Total social investment capital last year was estimated at VNĐ3.22 quadrillion, up 11.5 per cent year-on-year. Disbursed foreign direct investment reached nearly $22.4 billion, the highest level in the past five years.
Vietnam's total import-export turnover hit a record of $732 billion in 2022, making the country among 20 countries with the most significant trade scale in the world. Last year, the country maintained a trade surplus of $11.2 billion for the 7th consecutive year.
Dũng said economic recovery, green growth and sustainable development were considered top priorities and goals that all countries aimed for. For Vietnam, green growth was not only an inevitable choice but also an opportunity to become a pioneer in the region, catching up with the development trend of the world.
And the business community had been identified as a critical factor, playing an important role in that process, Dũng said.
In recent years, the minister said that the business community's awareness of its role in the national green growth strategy had significantly improved and that many practical actions had been taken to contribute to the implementation of green growth.
Many businesses had considered green business as a strategy and competitive advantage, focusing on using clean energy, and environmentally friendly materials, supporting social responsibility activities. They had also concentrated on investing in modern, high-tech, environmentally friendly production lines, using fewer resources and energy, and minimising waste.
According to Dũng, the forum would be a good opportunity for the business community to advise the Government on solutions to realise its goals in green and sustainable economic development and deliver their commitments and roadmaps to contribute.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), Phạm Tấn Công said to overcome challenges and realise development goals, the Government and the business community needed to accompany and share the vision and strategy of green and sustainable development.
