Growing businesses, mastering technology and improving competitiveness will contribute to increasing the country’s potential and position, according to General Secretary and President To Lam.
“A strong country is the fulcrum for businesses to reach out, strong businesses contribute to building national strength,” General Secretary and President To Lam said at a meeting with typical businesses on the afternoon of October 12, on the occasion of Vietnamese Entrepreneurs’ Day.
The meeting had 170 delegates representing state-owned enterprises, private enterprises, foreign-invested enterprises, and small and medium-sized enterprises.
Vietnam aims to become a modern industrial, high-middle-income country by 2030 and a developed, high-income country by 2045. According to the General Secretary and President, these goals must be realized through specific programs, projects, products and capabilities.
Accordingly, Vietnam needs more businesses with technology mastery, trusted brands and internationally competitive production networks. The maturity of businesses in the next 5-10 years must be reflected in productivity, job quality and market position.
“The long-term value of a business career is to leave the country with more potential and position, to give workers more knowledge and skills, and to give the next generation more opportunities and a future,” he said.
General Secretary and President To Lam spoke at the meeting with outstanding businessmen, October 12. Image: VNA
To achieve the above goals, General Secretary and President To Lam said that entrepreneurs need to focus on technology, people and management, promote their strengths, and persistently invest to create valuable products. The application of digital technology and artificial intelligence must contribute to improving productivity, quality and efficiency. The desire to improve needs to be demonstrated by mastery and practical results.
He also noted that businesses need to connect with universities and research institutes from ordering to application and market development. Obstacles regarding finance, intellectual property, and benefit sharing need to be resolved. Testing and inspection facilities and shared services need to be developed at a cost that is affordable to small businesses.
Along with improving production capacity, businesses need to master important stages, diversify markets, supply sources and proactively respond to fluctuations. The domestic market needs to be strengthened by distribution systems, product quality, services and brands.
According to him, international integration must help improve the technological capacity, knowledge and position of businesses in the global value chain. Entrepreneurs need to closely follow the market, laws, technology, take advantage of trade agreements, protect intellectual property and maintain reputation in quality and origin.
On the State side, the General Secretary and President requested to look straight at the difficulties, resolve the problems to the end and rectify the shortcomings.
He believes that trust needs to be fostered from both sides. The State protects legal rights and fulfills commitments. Enterprises make long-term investments, comply with the law and share responsibility with employees and the community.
The government is requested to maintain macroeconomic stability, control inflation, and ensure major balances. Problems related to land, planning, investment, and construction must be handled with clear responsibilities and deadlines, with priority given to projects that soon create production capacity. Agencies need to link procedures and data to substantially reduce paperwork, time and costs. Corrupt and profiteering officials must be dealt with, and overlapping inspections and inspections must be resolved.
The General Secretary and President also proposed building a “National Brand Strategy” with a long-term vision, based on the real competitiveness of businesses.
The General Secretary and President took photos with outstanding businessmen, October 12. Image: VNA
In order for businesses to grow together, the General Secretary and President require increasing linkages, opening market opportunities and ensuring healthy competition. State-owned enterprises must effectively use resources, focusing on key areas, essential infrastructure and underlying technology. Proactive rights need to be associated with accountability, while also opening up opportunities for domestic businesses.
According to him, linking with foreign-invested enterprises must create orders, improve skills, technology and production capacity. The state needs to ensure transparent and competitive public procurement, creating opportunities for small and medium-sized enterprises. Business households are supported in accounting, administration, digital platforms and markets to develop into businesses.
Along with that, businesses must ensure safety, income, benefits and opportunities to improve skills for workers. He asked businesses to use resources responsibly, fulfill tax obligations and stick with the community. Workers enjoy worthy results and improved lives are the foundation for businesses to develop sustainably.
The General Secretary and President requested party committees and authorities at all levels to regularly dialogue and resolve petitions promptly and in accordance with the law. Serving businesses must be smooth in decentralization, decentralization and operation of two-level local government.
The Vietnam Federation of Commerce and Industry and associations need to research and criticize policies based on data and practice, identify common problems, follow up on recommendations until they are resolved and honestly respond to the results.
The General Secretary and President affirmed that the Party and State appreciate the dedication and protection of the legitimate rights and interests of businessmen. He wants the business team to nurture great ambition and persevere in building businesses and brands with quality, capacity and credibility, bringing pride to Vietnam.