Today: 07/12/2023 14:26:08 (GMT+7)

Government encourages startup innovation: Deputy PM

The Government will develop an innovative and business-centred ecosystem, Deputy Prime Minister Trinh Dinh Dung said at the Vietnam Business Forum 2019 in Hanoi on January 10.

The primary goal of the Government is to improve the quality of growth and ensuring macro-economic stability, especially monetary and financial policies, Deputy PM Dung said.

Businesses play an important role in helping the Government realise this target, Therefore, the Government will always accompany the business community, the Deputy PM emphasised.

Government, startup innovation, business-centred ecosystem, macro-economic stability, monetary and financial policies, innovation activities

At the event.

In the coming time, the Government will improve the institutional system and not use administrative tools to interfere with enterprises’ innovation activities, he said.

Prime Minister Nguyen Xuan Phuc will set up a special working group on promoting reform and improving business environment with the aim of reducing 20 percent of unnecessary administrative documents and at least 20 percent of administrative costs each year in accordance with law on business activities.

Dung added that the Government will prioritise investment in developing infrastructure to create smart connectivity as well as improve businesses’ competitiveness.

Particularly, the Government encourages strong investment in education and science-technology, improvement of human resources quality, and support for the business community to promote innovation.

Specific plans and programmes will be carried out to develop businesses in the three sectors: agriculture, industry and service, Dung added.

The annual Vietnam Business Forum 2019 opened in Hanoi on January 10 under the theme “Roles and responsibilities of FDI community and sustainable development.”

Co-organised by the Ministry of Planning and Investment in coordination with the World Bank and the International Financial Corporation, the event is an on-going policy dialogue between the Government and business community aiming at a favourable business environment and sustainable economic development in Vietnam.

Vietnam wants to cooperate with Japan in developing e-government: PM
Vietnam is developing an e-government and cyber security, hence the country wants to cooperate with Japan – a reliable partner – in these fields, said Prime Minister Nguyen Xuan Phuc.
PM urges Government Office to enhance performance
The Government Office held a conference in Hanoi on December 25 to review its activities in 2019 and outline new tasks for 2020.
Government approves Tuyen Quang-Phu Tho expressway project
The Government has approved the construction of an expressway connecting the northern provinces of Tuyen Quang and Phu Tho under the Build-Operate-Transfer (BOT) format after three years of delays.
Bac Giang promotes cooperation with foreign non-governmental organizations
(BGO) – The Bac Giang Department of Foreign Affairs has just coordinated with the People's Aid Coordinating Committee (Vietnam Union of Friendship Organizations) in organizing a consultation meeting on promoting cooperation between foreign non-governmental organizations (NGOs) and Bac Giang province.
Vietnam strives for being ASEAN’s leading country in e-government
Vietnam aims to raise its ranking of e-government from 10 to 15 levels by 2020, according to the United Nations assessment

Source: VNA

Government, startup innovation, business-centred ecosystem, macro-economic stability, monetary and financial policies, innovation activities
New comment has just been added. Click here
Sort:NewBest News