May 15, 2023 | 18:30

Capital commits to removing obstacles hindering SME development

Vũ Khuê

Hanoi Vice Chairman makes pledge during congress of Hanoi Association of SMEs.

Capital commits to removing obstacles hindering SME development

Hanoi will resolutely remove any inappropriate regulations and obstacles to ensure that the development of small and medium-sized enterprises (SMEs) is not affected, Vice Chairman of the Hanoi People’s Committee Nguyen Manh Quyen has said.

Speaking at the sixth congress of the Hanoi Association of Small- and Medium-sized Enterprises for the 2023-2028 tenure, held on May 14, he said the city will propose the government soon amend the Law on Supporting SMEs and promote the implementation of policies to support them.

He called on enterprises in Hanoi to bolster digital transformation, apply scientific and technological advances to improve their productivity and efficiency, and comply with laws to be worthy of their role as important drivers of local socio-economic development.

Vice President and General Secretary of the Association Mac Quoc Anh said it will enhance trade promotions and seek trade exchanges and cooperative opportunities with foreign enterprises to help SMEs boost production and trade.

It will also boost support and links between enterprises and banks and credit institutions to help the former gain better access to preferential loans, he said.

The Association currently has nearly 10,050 members and 25 clubs, district-level associations, and centers for legal counseling, trade promotion, and business support.

Attention
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