Asked about mechanisms and policies to create breakthroughs that would speed up economic transformation, especial in the industrial sector, the government leader cited resolutions on continuing to promote industrialisation and modernisation till 2030, with a vision to 2045.

Prime Minister Pham Minh Chinh speaks at the the fifth Ho Chi Minh City Economic Forum on Sep. 25, 2024.

He highlighted the Government’s efforts in materialising the documents, saying it has employed solutions to optimise Vietnam’s unique potential, special opportunities, and competitive edge, while learning from international experience in this regard.

The Government has focused on building and perfecting institutions, devising mechanisms and policies to mobilise resources for infrastructure development, especially digital, transport, climate-resilient, and social infrastructure, he said, adding efforts have been made to raise administration capacity, promote personnel training, and seek international support.

In the field of science-technology and innovation, Chinh said the Party has seen education-training a top priority, pursuing basic, comprehensive reform in order to promote the sector.

Meanwhile, the Government has institutionalised the perception through laws, mechanisms, policies, and programmes, pooled resources for science-technology development, and offered incentives to those who dare to think, to do, and bear responsibility for the country and the people, according to the PM.

For green economy and circular economy, he emphasised that Vietnam will not pursue economic growth at the expense of the environment, adding policies are needed to encourage public engagement in the economic models.

Responding to the question on the implementation of Vietnam’s commitment to net zero emissions by 2050 at the 2021 United Nations Climate Change Conference (COP26), the PM said the Party Central Committee is working on relevant policies, guidelines, mechanisms, laws, programmes, and plans, and urged localities to actively put them in place, while promoting the participation of people and businesses in this field.

It is a must to conduct energy transition, from carbon-intensive energy to clean and green energy, with a roadmap to phase out coal-fired power plants and replace them with nuclear energy, wind power, solar power, hydrogen, biomass energy, and liquefied natural gas, he said, citing the National Power Development Plan VIII, which guides the development of power plants and power grids between 2021 and 2030, with a vision until 2050, as part of the effort.

Vietnam has also promoted green transportation and major projects on high-speed railways and urban rail systems, during which the country needs the support of international partners, the PM said.

Touching upon Vietnam’s efforts in attracting foreign direct investment (FDI), he affirmed that Vietnam always protects the rights and legal and legitimate interests of businesses.

Concluding the policy dialogue, he lauded HCMC’s contributions to national development, and shared participants’ view on the need for comprehensive industrial transformation in the southern metropolis, aiming to build a civilised, modern city.

He urged the city to build and perfect institutions, develop harmonious and modern infrastructure, focus on training high-quality human resources, implement smart governance, and mobilise resources through enhanced public-private partnership.

Bac Giang provincial leader, agencies and businesses give Mid-Autumn gifts to children

BAC GIANG - On the afternoon of September 16, the Bac Giang Provincial Red Cross Society organized an event to present gift for children in Hiep Hoa district on Mid-Autumn Festival. It was attended by Lam Thi Huong Thanh, Permanent Vice Chairwoman of the Provincial People's Council and leaders of Hiep Hoa district.   

Dialogue held to solve difficulties for businesses and investors

BAC GIANG - On September 10, the Department of Planning and Investment (DOPI) held a conference to meet and dialogue with businesses and investors in Bac Giang province, which attracted the participation of 60 businesses and investors.

Vietnam-Sweden Business Forum 2024 opens

The Vietnam-Sweden Business Forum 2024 was held in celebration of 55 years of bilateral diplomatic relations by the Vietnamese Embassy and the Vietnam Trade Office in Sweden, and FPT Corporation in Stockholm on September 6.

Bac Giang: More than 87% of businesses use electronic invoices generated from cash registers

BAC GIANG - To support people and businesses to use electronic invoices (E-invoices) quickly and conveniently, improve management efficiency and prevent tax losses in the retail sector, since the end of 2022, the Taxation Department of Bac Giang province has started using E-invoices generated from cash registers according to the provisions of the Law on Tax Administration.

Party, State ready to work on behalf of business community: top leader

Party General Secretary and President To Lam affirmed the Party and State’s special attention to the Vietnamese business community while meeting with a delegation of the Vietnam Association of Small and Medium Enterprises (VINASME) in Hanoi on August 22.