A worker operates a yarn processing line at Best Pacific Vietnam Co Ltd at the Viet Nam-Singapore Industrial Park (VSIP) in the northern province of Hai Duong. With the goal of becoming a high middle-income country by 2030 with a per capita income of $10,000, Viet Nam should support the private sector. — VNA/VNS Photo Danh Lam The private sector in Viet Nam should receive support to become a pillar of the local economy, said Nguyen Thi Nga, chairwoman of BRG Group. Nga spoke with more than 300 participants at a forum on how to develop private enterprises in Viet Nam in the capital city on Thursday. The forum was held by the Party’s Central Economics Committee and the Viet Nam Association of Private Entrepreneurs. Nga, who is also the standing vice president of the association, said: “Viet Nam should be developed as a regional financial and industrial centre. It is time to take advantage of capital flows from China due to trade tensions between the US and China.” To do that, Nga said: “The Government should ensure fair competition among economic sectors in Viet Nam.” Nga asked the Government to increase protection for private enterprises and allow them to… Read full this story
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