Headlines 25/10/2019 14:15 CH

Sustainable private-sector corporate growth plan to be implemented

Hoàng Thái

On October 11, 2019, the Prime Minister has issued the Decision No. 1362/QD-TTg on approval of the plan for sustainable development of enterprises in the private sector by 2025 with vision toward 2030.

With a view to lifting socio-psychological and business environment barriers for development of private-sector enterprises, the Prime Minister has approved this plan including 06 sets of solutions as follows:

- Continue to improve the business environment in order to maintain private-sector enterprise’s trust and increase the sustainable business of these enterprises; 

- Encourage private-sector enterprises to make best use of sustainable business models, cleaner production technologies and effectively exploit natural resources and protect environment; 

- Promote innovative startups and strengthen effective implementation of support policies granted to small and medium-sized enterprises;

- Enhance roles of associations of enterprises in supporting private-sector enterprises in effective and sustainable development;

- Provide incentive treatment for private enterprises so that they can apply scientific achievements and technological advances and make the most of the 4th industrial revolution;

- Assist in improvement of labor productivity of enterprises; promote high-quality human resources and enhance corporate management and governance capabilities.

For more details, please read the Decision No. 1362/QD-TTg (entering into force on the signature date).



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