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 (middel, front) arriving at the conference (Photo: VNA)
Hanoi (VNA) – 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)
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./.
Strategies to help small and medium-sized enterprises (SMEs) strengthen import-export activities was the focal point of discussions at a workshop held in the northern province of Hung Yen on November 15,
Minister of Planning and Investment Nguyen Chi Dung has called on the Korea Federation of SMEs (KBIZ) and the Industrial Bank of Korea (IBK) to continue supporting small- and medium-sized enterprises (SMEs) in Vietnam.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
