The National Economics University (NEU) has launched the Vietnam Annual Economic Report 2017, themed “Removing Barriers to the Development of Vietnamese Private Enterprises.”
Hanoi (VNA) – The National Economics University (NEU) has launched theVietnam Annual Economic Report 2017, themed “Removing Barriers to theDevelopment of Vietnamese Private Enterprises.”
The report was released ata March 22 seminar on Vietnam’s economy in 2017 and prospects for 2018co-organised by the NEU, the Central Party Committee’s Economic Commission andthe National Assembly Economic Committee
The report analyses the factual situations of private enterprises, comparesthem with those of State-owned enterprises and foreign invested enterprises,making judgments on the role of private enterprises in the whole economy,recommending general solutions to promote the development of the privatebusiness sector.
It said private enterprises have to encounter many barriers on entering themarkets, which are related to factors of production including capital, labour,land, technology, infrastructure and logistics.
It also clarifies barriers related to business registration, the fulfillment oftaxation and custom responsibility and business activities, pointing outsubjective and objective causes, recommending solutions to break down thebarriers, especially the institutions and government management.-VNA
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Illustrative image (Source: VNA) 
