Chairwoman of the National Assembly Nguyen Thi Kim Ngan (5th, right, front) and representatives of SMES. |
The NA leader praised the association’s scientific initiatives on counterfeit goods combat and drug detoxification, which, she said, have brought great socio-economic benefits.
She highlighted the Party’s policies and State’s laws on private economy, support for SMEs and business environment improvement.
The chief legislator pointed out the fact that up to 97% of private enterprises have micro and small scale, with low technology, financial capacity, productivity and business efficiency. They have also shown weaknesses in connecting with each other and with foreign-invested businesses, as well as in joining domestic and international value chains.
This explains why many private firms have to halt operation or dissolve, she said.
NA Chairwoman Ngan noted her hope that the association will continue to improve its capacity and prestige, and play a more active part in social criticism, and the building and issuance of legal documents on operation of the business circle.