Urgently and drastically deploy policies so that people and businesses can enjoy them soon

Assessments of the socio-economic situation from the regular Government meeting are focused on the press.

According to electronic newspaper Vietnamnet, many sectors performed better than in pre-pandemic years. Macro-economy continues to be maintained stably; inflation was controlled in the context of many pressures, CPI increased by 2.64% over the same period last year (the lowest increase in April in the period 2017 – 2022). Industrial production in April increased by 2% over the previous month and by 9.4% over the same period. Notably, realized FDI in 4 months reached 5.92 billion USD (the highest level since 2018), up 7.6%.

Import and export will continue to lead growth

Also looking at the economic situation in the first 4 months of the year, the newspaper Labor Import and export will continue to lead the growth in the coming time, with export turnover in the first four months of the year estimated at 122.36 billion USD, up 16.4% over the same period last year. Trade surplus in this period was estimated at 2.53 billion USD, while the same period only reached 1.5 billion USD.

Noting the economic bright spots in the first 4 months of the year, Prime Minister Pham Minh Chinh emphasized, coming here, the policy to support people and businesses to deploy quickly, correctly and sufficiently, so that people and businesses can enjoy early, real enjoyment, contributing to improving the business environment, material and spiritual life of the people .

Prime Minister Pham Minh Chinh. (Photo: VGP)

According to Government electronic newspaper, the Prime Minister decided to establish a Steering Committee for the implementation of the Socio-Economic Recovery and Development Program to promote the implementation of the Program’s tasks, ensuring progress and quality; at the same time, establish a Working Group to urge and support the Ministry of Health to implement the Program on socio-economic recovery and development in the health sector; along with that, establishing 6 working groups of the Prime Minister to urge, inspect and promote the allocation and disbursement of public investment capital; promptly propose solutions.

Inspect and examine “problematic” businesses in bond issuance

Also in the past week, the regulator has made stronger moves to correct the corporate bond market. According to saigon Liberation newspaperThe Ministry of Finance has issued a directive on strengthening inspection, supervision and correction of issuance, investment, and service provision in the private-issued corporate bond market.

Specifically, the Ministry of Finance requires inspection and inspection according to the following criteria: volume upon issuance, issuance of high interest rates, unsecured bonds and payment guarantees… In particular, this list must be completed by May 3.

As expected, in this May, the Ministry of Finance will submit to the Government a draft Decree amending and supplementing a number of articles of Decree 2020 on private placement of corporate bonds in domestic and international markets. .

Corporate bonds: Buy it right when you understand it

Recently, newspaper Youth There is an article: “Corporate bonds: Buy it correctly”. The bonds for sale are now in a number of “markets” for individual bonds, so the buyers themselves need to be knowledgeable and have financial capacity.

In general, individual bonds are only suitable for professional investors, so people who want to buy should buy through reputable investment funds for full advice and analysis to make investment decisions to limit their investment. minimize risks and maximize profits.

The business environment continues to improve

In the past week, the announcement of the Provincial Competitiveness Index (PCI) 2021 by the Vietnam Confederation of Commerce and Industry (VCCI) is also a content that has attracted much attention. This is an indicator that shows businesses’ perceptions of the quality of government governance, and is a tool for the government to promote the apparatus to better serve the people and businesses.

(Illustration image – Photo: Investment Newspaper)

According to the magazine Business Forumquoted Mr. Dau Anh Tuan, PCI project manager: “The epidemic period greatly affected businesses, but localities still supported businesses well. The dynamism of local authorities in the context of the pandemic. The epidemic scene is considered to be the best ever.”

Improve PCI from the essence

According to the newspaper Workersthe percentage of enterprises reporting that they have to pay informal fees when accessing administrative procedures is gradually decreasing from 70% in the period 2015 – 2016 to 41% in 2021. This signal shows the anti-corruption efforts. , negatively, applying technology is working when it contributes to drastically reducing petty corruption.

Besides the unofficial cost is the bright spot, according to Bank Times, PCI 2021 has 8 other outstanding highlights. In which, the most obvious is the positive assessment of enterprises about dynamism, pioneering spirit, responsible working attitude and ability to effectively solve practical problems in the locality. 85.6% of businesses found that “the Provincial People’s Committee flexibly applies the law to create a favorable business environment”; 74% of businesses said: “When the central regulations are not clear, the Provincial People’s Committee is active and creative in solving new problems.”

Enterprises “complain” about tax procedures, fees, land, construction

As for the specific ranking of each locality, as noted by the newspaper People’s Deputies, Quang Ninh continues to lead the ranking for the 5th time in a row. Notably, this year Hai Phong rose to the runner-up position. Ho Chi Minh City and Can Tho are not in the top 10, but in 14th and 12th positions. Notably, according to enterprises, procedures for taxes, fees, land and construction tend to be more difficult. .

In the article “PCI Index 2021: Behind the rankings are very difficult questions”, Investment newspaper mentioned a few other numbers that are also notable, that is, the troubles of granting conditional business licenses are the reason why 21.7% of businesses have to delay or cancel their business plans.

Therefore, the article emphasizes, if the difficulty rate is still so high, although each year PCI still honors the leading localities, the general business environment will be difficult to change in a sustainable way. Even with the top locality, winning the trust of businesses is difficult, but maintaining, nurturing and continuing to raise to new heights is even more difficult.

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