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Economists and poliCEO forum discusses solving enterprise difficultiescy makers have gathered at a CEO forum in Hanoi on March 15, discussing approaches to economic crisis control and macroeconomic solutions to difficulties burdening businesses.

Economic experts forecast the national economy will encounter challenges in 2013 due to the global economy’s sluggish performance.

Deputy Minister of Industry and Trade Tran Tuan Anh said that overcoming existing difficulties requires businesses to control input factors, reduce costs, and create efficient product outlets by improving distribution systems to provide consumers with products at reasonable prices.

To promote exports, businesses should focus on seizing the advantages offered by signed Free Trade Agreements (FTAs). They should also embrace e-commerce and online export opportunities, and keep abreast of the information from Vietnam’s international trade offices to proactively recognise potentially lucrative established and emerging markets.

The Ministry of Planning and Investment’s Enterprise Development Department Head Ho Sy Hung advises businesses to expand their markets, promote exports, and limit consumer good imports to stimulate domestic consumption.

Nguyen Quang Tien, a senior official from the General Department of Taxation, emphasised the need for an information portal that can provide tax payers with tax-related services.

Economic Times Editor-in-Chief and Professor Dao Nguyen Cat said that restructuring processes undertaken over the 2013–2014 period will make the market healthier. The restructuring gives businesses the opportunity to improve the quality of existing human resources in the interests of sustainable development.

The CEO forum’s policy makers and economists also touched upon supporting businesses through capital sources and market and tax policies.

(VOV)

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