Hanoi to revamp private sector policies

04-Nov-2004 Intellasia | 02/NOV/2004 VIETNAMNET | 1:25 PM Print This Post

Hanoi currently has 25,000 companies established under the Enterprise Law with a total registered capital of 39 trillion dong.
The Hanoi authorities are promising that in the near future, the city will have policies to assist private enterprises.
The policies will support private enterprises with technological development, human resource provision, marketing and finance. The city will also set out credit guarantees and investment assistance funds.
In addition, the city will accelerate the construction of small and medium industrial zones and groups of trade villages for private firms.
Hanoi currently has 25,000 companies established under the Enterprise Law with a total registered capital of 39 trillion dong. Annually the private sector contributes 29% of the city’s gross domestic product (GDP).

 


Category: Legal

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