Dr To Hoai Nam: The message from the Prime Minister has given the business world the confidence to strive for excellence

DNHN - At the regular Government meeting in July, Prime Minister Pham Minh Chinh shared the Government's message. Dr To Hoai Nam, Standing Vice Chairman and General Secretary of the Vietnam Association of SMEs, said that if the message "4 stabilize, 3 strengthen, 2 promote, 1 reduce, and 1 firmly does not" is carried out, it will be very easy for the Vietnamese business community to overcome and breakthrough in the future.

Dr To Hoai Nam says that by the time Vietnam gets to 2022, most businesses have been hurt by the COVID-19 pandemic, and both the "health" of businesses and employees has been "corrupted." Even so, the Vietnamese economy and business community are still a bright spot because they have shown strength, flexibility, and the ability to deal with many problems caused by the pandemic.

With the drastic and well-timed change in management, the government has come up with and put into place many useful policies and measures to help businesses and the business environment. Typically: Resolution 11/NQ-CP dated January 30, 2022, of the Government on the program of socio-economic recovery and development; Decree 31/2022/ND-CP dated May 20, 2022, on interest rate support from the state budget for loans of enterprises, cooperatives and business households; Decree 34/2022/ND-CP dated May 21, 2022, on extending the deadline for paying VAT, corporate income tax, personal income tax, and land rent in 2022; Decision 08/QD-TTg dated March If the economy is having trouble, this set of policies is helpful and necessary for the business world. After the implementation period, the meaning and effects of this policy have been tested in the real world. This has been a big help in creating a driving force to boost economic growth and recovery.

It can be seen that, in the first seven months of the year, most of Vietnam's economic sectors and fields grew and went back to normal. Most of these sectors and fields had a recovery rate of 80–90% in the "adjusted period" of the new normal. Even though the world is not in a good place right now, the macro economy is stable. The foreign exchange rate is pretty stable, gas prices are still going down, export turnover has gone up sharply in many commodity groups, and the domestic market is recovering at a higher-than-less-than-80% rate.

"The Vietnam Association of Small and Medium Enterprises said that the above results show that the Government and Prime Minister are on time, flexible, and making decisions that are right for the country. Dr To Hoai Nam said, "This has given the business community confidence, so that this area can try to get better, overcome problems to get production and business back on track, and create growth momentum for the future."

Based on the good and bad things that happened in the first seven months of 2022, the Government's message of "4 stability, 3 improvements, 1 reduction, and 1 resolute no" has given the Prime Minister some ideas for how the business environment will change shortly. That will keep up the pace of growth from the first few months of the year.

In the "4 stability," it is possible to keep the macro-economy stable, which means to keep an important foundation for creating opportunities. This is necessary for the business community to recover and grow, for the business community to grow, and for the economy to grow in 2022 and the years after that.

Dr To Hoai Nam says that if we want to "stabilize and improve the material and spiritual lives of the people," we need to put job creation first and encourage all kinds of job creation. This is a social security issue for tens of millions of workers and their families.

3 improved contents show that the policy of "safe adaptation, flexibility, and effective control of the COVID-19 epidemic" must be put into place at all costs so that the country, its people, and its businesses are safe. new every day. At the same time, keep changing the way business and social life are run in all areas. The budget must be used for all activities in a way that is effective, useful, casual, and not wasteful...

"1 resolutely no" is designed not to work in a jerky way, but it is scientifically proven to work. There are a lot of good things about this. But there is one small thing that businesses can use to improve how accurate their predictions are and how they build their business plans. This is an important proactive step for the future. The state of the world economy right now is still hard to predict.

 "If the message "4 stabilize, 3 strengthen, 2 promote, 1 reduce, 1 resolutely no" is carried out smoothly in the state administrative sector from central to local levels, especially at the grassroots level, the Vietnamese business community will be able to overcome and make a breakthrough soon. Because Vietnam is seen as a country with many geopolitical advantages and as a country that is part of many new-generation agreements, Dr To Hoai Nam said this is how he felt.

Dr To Hoai Nam said that the views of the Government and the Prime Minister about where to go and how to run things were very clear. All levels and sectors need to be aware and take specific steps.

For small and medium-sized businesses, it's important to propose that they work together with ministries, sectors, and localities to spread, disseminate, and implement policies that help small and medium-sized businesses. They should also offer their members advice and support through legal consulting activities, information connections, and training to improve their ability to run a business.

Constantly linking, cooperating, and strengthening themselves in all aspects of their work to form a solid, unified block. This creates a large enough economic scale to make each small and medium enterprise more competitive.

P.V