HCM CITY ( WNAM MONITORING): HCM City authorities have pledged to listen to and respond to businesses’ feedback, advance administrative reforms and place enterprises at the centre of public services.
Nguyễn Lộc Hà, vice chairman of the city People’s Committee, made the promise while speaking at a ceremony held by the HCM City Union of Business Associations (HUBA) last weekend to mark the 21st anniversary of Việt Nam Entrepreneurs Day and HUBA’s 50th founding anniversary, and to honour enterprises with outstanding products and services in 2025.
He said amid global economic fluctuations 2025 had been designated as a “year of acceleration” for laying the foundation for a breakthrough period from 2026 to 2030.
The city aimed for economic growth of 8.5 per cent or higher this year, focusing on boosting public investment, mobilising social resources and promoting the digital economy and innovation.
To achieve this goal, the city had identified three key solutions, with the business community playing a pivotal role.
First, the city would continue to effectively implement the Politburo’s Resolution 68/2025 on private economic development, improve the investment and business environment, enhance competitiveness index, increase transparency, and reduce informal costs and administrative processing time for enterprises.
Second, it would focus on reviewing and resolving long-delayed projects, particularly large ones, hindered by procedures related to fire prevention and control, land, investment, and construction.
The city would apply special mechanisms under National Assembly Resolution 98/2023 to comprehensively address development bottlenecks.
Third, it would step up the mobilisation of social resources for development investment, with accelerated public investment disbursement paving the way for stronger participation by enterprises.
Hà also called on HUBA to uphold its key role in representing and guiding the business community in the new era of integration, contribute to policymaking based on practical business insights, and effectively organise trade and investment promotion programmes.
These efforts would help city-based enterprises expand globally while attracting international investors to HCM City.
HUBA Chairman Nguyễn Ngọc Hòa said that over the past two decades HCM City’s enterprises and entrepreneurs had consistently advanced, demonstrating creativity, adaptability and leadership in a number of industries.
Its business community had actively contributed to unlocking resources, promoting the social division of labour, driving economic restructuring, and advancing industrialisation and modernisation towards sustainable development and competitiveness.
