PM chairs conference seeking ways to help SMEs thrive

Prime Minister Pham Minh Chinh said Vietnam has met or exceeded all 15 major targets, delivering significant results across multiple sectors, and that SMEs playing a vital role in this success.

Prime Minister Pham Minh Chinh on February 27 chaired a meeting between standing Cabinet members and domestic small- and medium-sized enterprises (SMEs) to identify and address challenges and obstacles facing the firms, and outline strategies for them to thrive and contribute to the country's rapid and sustainable growth.

In his opening remarks, PM Chinh highlighted the rapidly changing global and regional landscape, stressing that countries must adapt quickly and effectively.

He noted that under the leadership of the Party, led by General Secretary To Lam, and with the active engagement of the political system and the support and solidarity of the people and the business community as well as international partners and friends, Vietnam has met or exceeded all 15 major targets, delivering strong results across multiple sectors. SMEs have played a vital role in this success, he underscored.

Prime Minister Pham Minh Chinh addresses the conference to seek ways to remove obstacles facing SMEs in Hanoi on February 27 (Photo: VNA)
Prime Minister Pham Minh Chinh addresses the conference to seek ways to remove obstacles facing SMEs in Hanoi on February 27 (Photo: VNA)

Holding that 2025 will continue to experience complexity in the international and regional situations, he stressed the need for stronger efforts and solidarity of the whole political system, the people, and the business community to achieve the target of at least 8% growth for this year, laying the strong foundation for achieving double-digit growth in the years to come.

If each business, sector, or region achieves growth of at least 8%, the entire country will exceed the benchmark, he stated.

As the Vietnamese business community is largely comprised of SMEs, the Government is drafting a new resolution on fostering the growth of private enterprises, to be presented to the Politburo and the Party Central Committee, according to the leader.

He urged delegates to assess the current state of SMEs, engage in open discussions, identify key challenges, and propose practical solutions to enable collaborative progress and mutual success./.

Politics-Diplomacy

PMs of Vietnam, New Zealand hold talks
Politics-Diplomacy

PMs of Vietnam, New Zealand hold talks

Both sides expressed their satisfaction with the strong development of bilateral ties, emphasising the growing political trust and strategic confidence strengthened through the exchange of delegations at all levels as well as people-to-people exchanges, and effective bilateral cooperation mechanisms.

Resolution on pilot policies for urban railway network development in Hanoi, HCM City
Politics-Diplomacy

Resolution on pilot policies for urban railway network development in Hanoi, HCM City

The resolution outlines a series of specific mechanisms and policies, including the mobilisation and allocation of investment capital; procedures for investing in urban rail projects and those based on the Transit-Oriented Development (TOD) model; the development of the rail industry, technology transfer, and workforce training; policies on construction materials and waste disposal; and specific regulations for HCM City.

Vietnamese Party chief welcomes Malaysian PM
Politics-Diplomacy

Vietnamese Party chief welcomes Malaysian PM

Regarding the East Sea issue, the two sides agreed to continue supporting ASEAN’s common stance on the East Sea, ensuring the full and serious implementation of the Declaration on the Conduct of Parties in the East Sea (DOC), and expediting negotiations to conclude an effective and substantive Code of Conduct (COC) in the East Sea in accordance with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS), towards building the East Sea into a sea of peace and cooperation.

PM affirms government's resolve to soon complete cooperation projects with Laos
Politics-Diplomacy

PM affirms government's resolve to soon complete cooperation projects with Laos

PM Chinh highlighted the commitment of both sides to seriously, effectively, and decisively implement the agreements reached during the meeting between the two Politburos and the bilateral cooperation plan for 2025, noting that it is necessary to explore new ways to boost all-around cooperation from politics, foreign affairs, security and defence to investment, trade, transport connectivity, culture, education, healthcare, and science – technology.

AFF 2025: Strengthening ASEAN's unity and resilience
Politics-Diplomacy

AFF 2025: Strengthening ASEAN's unity and resilience

Under the theme Building a United, Inclusive, and Resilient ASEAN amidst Global Transformation, AFF 2025 serves as a high-profile platform to drive discussions on strengthening regional cooperation, fostering sustainable development, and positioning ASEAN as a key player in global affairs.

Prime Minister welcomes Thai Foreign Minister
Politics-Diplomacy

Prime Minister welcomes Thai Foreign Minister

Prime Minister Pham Minh Chinh emphasised the need for the effective implementation of bilateral cooperation mechanisms, particularly the Joint Cabinet Meeting chaired by the two Prime Ministers, while receiving Thai Minister of Foreign Affairs Maris Sangiampongsa who is on an official visit to Vietnam from February 23-25.