The NA's Standing Economic Committee decided on the overall program for collective economic development in line with the State's ability to balance resources but it will not less than the support policy for small and medium firms.
Ho Chi Minh City is proposed in the near future to offer more legal consultation and support to needy businesses, while legal-related information should be timely updated and published for public reference. This is the conclusion drawn from April ‘Citizens Ask – Government Answer’ session, co-held yesterday by HCMC People’s Council, HCMC Television, and the HCMC Department of Information and Communications.
The stock market is the driving force for listed companies to strongly issue shares to increase capital. However, it is when unprofitable listed companies scramble to issue volumes of shares that the market becomes susceptible to facing many risks.
The Government has issued Decision No.749/QD-TTg regarding the National Digital Transformation Program until 2025, with a Vision to 2030, focusing on small and medium enterprises (SMEs). In order to fulfill all missions in this Decision, it is necessary to invest in developing technological platforms to support the growth transformation of SMEs.
Speaking at an online meeting presided by Prime Minister Nguyen Xuan Phuc yesterday, Deputy Chairman of the Ho Chi Minh City People’s Committee Duong Anh Duc said the city has basically controlled well Covid-19.
Southeast Asia’s GDP growth is likely to remain at 4.5 percent in 2020, amid high risks of a re-escalation in trade tensions between the US and China, according to the latest report produced by the British advisory firm Oxford Economics.
Prime Minister Nguyen Xuan Phuc has required HCMC to further attract hi-tech foreign direct investment (FDI) projects; create advantageous conditions to develop small and medium enterprises and support industry; encourage innovation, startup and business development to increase the number of businesses in the city to 400,000 by 2020.
The Ministry of Industry and Trade yesterday organized a conference to popularize Decree 107 on rice trading and export, saying the decree facilitate small and medium enterprises’ participation in rice export market.
At the 45th conference of the APEC small and medium enterprises working group in HCMC, delegates debated solutions to develop SMEs, cooperation potentials and priority fields to improve competitive ability in the APEC region.
