Government to strive for business-friendly conditions

Prime Minister Nguyen Tan Dung has instructed ministries and other agencies to review and streamline administrative formalities to make them less burdensome and more businesses-friendly.

Workers produce energy-saving light bulbs at Dien Quang Company (Photo: SGGP)

Following a conference he held with businesses in Hanoi on April 28, he also told the State Bank of Vietnam to improve credit access for businesses but also credit quality.

It should ensure banks restructure their debts and raise capital through the stock market to offer medium- and long-term loans to businesses, he said.

The Government will continue to draft preferential policies for businesses and provide them with necessary and legal assistance through business groups and industry associations.

By T. Van – Translated by Hai Mien

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