This morning (January 9), Vietnam Law Newspaper organized a seminar on "Improving policies and laws on ethnic enterprises in Vietnam". Dr. Nguyen Thanh Tinh, Deputy Minister of Justice chaired the seminar.

Co-chairing and moderating the Discussion were Dr. Vu Hoai Nam - Editor-in-Chief of PLVN Newspaper; Dr. Nguyen Thanh Tu, Director of the Department of Civil and Economic Law; Mr. Bach Quoc An, Director of the Department of International Law, Ministry of Justice. The Discussion was attended by economic experts, legal experts, representatives of Vietnamese corporations and enterprises...

Speaking at the opening of the seminar, Deputy Minister Nguyen Thanh Tinh said that the legal framework on enterprises and entrepreneurs has been relatively consistent. The Party and State have also paid great attention to and regularly directed the review and removal of difficulties and obstacles in mechanisms and policies that are barriers to development.

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Deputy Minister Nguyen Thanh Tinh speaks at the seminar. Photo: HC

Thereby, contributing to removing bottlenecks, creating new momentum to promote development. However, through review, the Ministry of Justice found that the requirement to build a breakthrough policy to form and develop ethnic enterprises in Resolution No. 41-NQ/TW has not been specified.

The Deputy Minister hopes that delegates will focus on in-depth discussions on the concept and model of enterprises; criteria for identifying ethnic enterprises in Vietnam, as well as pointing out the unique characteristics of Vietnamese ethnic enterprises compared to other ethnic enterprises in the world...

According to economic expert, Associate Professor, Dr. Dinh Trong Thinh, support is not only for large enterprises, but there should be appropriate measures to support small and medium enterprises as well. Associate Professor, Dr. Dinh Trong Thinh said: "If we cannot develop the role of the private economy, it will be difficult to grow."

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Seminar "Improving policies and laws on ethnic enterprises in Vietnam". Photo: HC

Speaking at the seminar, Dr. Nguyen Tri Hieu, Director of the Institute for Research and Development of Global Financial and Real Estate Markets, said: If you want to enter the stage of national enterprises, the first thing businesses must seriously do is comply with the law.

At the end of the discussion, Dr. Vu Hoai Nam thanked the experts and entrepreneurs for their opinions. He said that the development of the entrepreneurial team has not met the requirements of the new era; most businesses are small-scale, with limited competitiveness, operational efficiency, business capacity, and management skills.

A number of businessmen have low ethics, business culture, awareness of law compliance, social responsibility, and national spirit. They still violate the law, collude with corrupt officials, pursue personal interests, cause damage to the State, and reduce people's trust.

According to Dr. Vu Hoai Nam, this is a forum for listening, a step to concretize Resolution 41, to promote the completion of the legal framework, support the development of a strong team of entrepreneurs in terms of quantity, quality, reasonable structure, vision, intelligence, ethics, entrepreneurial spirit, legitimate enrichment; social responsibility, environmental protection awareness, worthy contribution to the country's development goals.