FIRST-EVER WHITE BOOK ON VIETNAMESE BUSINESSES LAUNCHED

The first edition of the White Book on Vietnamese Businesses was launched at a ceremony in Hà Nội on Wednesday.

The White Book, compiled by the General Statistics Office (GSO) under the Ministry of Planning and Investment, contains essential information assessing the development of enterprises across the country and in localities in the 2016-18 period , said GSO General Director Nguyễn Bích Lâm.

“The book also honours enterprises with outstanding contributions to economic development in the country and each locality,” Lâm told Việt Nam News.

The publication, to be published on an annual basis, provides an overall picture of the development of domestic businesses arranged according to sectors, business types and localities, serving as reference for the Government, ministries, sectors and localities in designing strategies, plans and policies for sustainable and effective development of businesses on both national and local scales, Lâm said.

Also included in the book are rankings of foreign direct investment (FDI) firms, State-owned enterprises and private businesses, which were based on different criteria such as growth rate, business efficiency, tax payment, contributions to the State budget, and workers’ incomes in respective locality, among others.

It is also expected to be a source of useful information for international organisations, countries and foreign enterprises in assessing and making decisions on investment and co-operation, Lâm said.

Addressing the publication’s launch ceremony, Deputy Prime Minister Vương Đình Huệ said that the White Book provides abundant and reliable information for the Government, ministries, sectors and localities as well as associations and investors.

“The White Book on Vietnamese Businesses 2019 is an important and necessary publication to help the Government, ministries, sectors and localities as well as associations and investors obtain rich information with high reliability to accurately assess business developments across the country,” Huệ said.

Huệ also requested ministries, sectors and localities to use the book as a major source of information when building strategies, plans and policies, and at the same time, to properly evaluate the strengths and weaknesses of enterprises, thereby proposing effective and sustainable development strategies.

Localities with low rankings in business development, defined through the ranking of basic business development indicators in the White Book should seriously review to find out the causes, at the same time proposing solutions and plans to support enterprises in the area more effectively, Huệ said.

“The Government and the Prime Minister would use the results in the book to evaluate the effectiveness in leadership and direction of local leaders,” Huệ said.

He requested the Ministry of Planning and Investment to continue researching and working closely with ministries, agencies and localities to improve the book, making it more diversified, accurate and reliable in the years to come.

Minister of Planning and Investment Nguyễn Chí Dũng said the book also proposes measures and sets of norms to assess business development in the country.

Source: VNS