The event aims to clarify the current landscape, conditions, and solutions for the “digital enabler banking” model to effectively support businesses and drive sustainable growth.
The adjustment aims for greater flexibility, with the threshold to be raised to approximately VND1 billion ($38,000) to reflect economic realities, support household businesses, and ensure budget balance.
In addition, the Prime Minister approved the reduction and simplification of internal administrative procedures in three sectors: Petroleum; border trade; and consumer rights protection.
When compared to the nearly 1,600 companies currently listed and registered for trading across the entire market, the figure of 10 FDI enterprises is extremely modest.
According to the Government's report, mandating that individuals assigned to manage and operate a State-owned enterprise which holds more than 50% of charter capital must declare their assets and income is appropriate.