Creating favourable conditions for enterprises

Saturday, 2018-04-14 18:00:12
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Politburo member and Secretary of Hanoi Party Committee Hoang Trung Hai speaks at the meeting
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NDO –Politburo member and Secretary of Hanoi Party Committee Hoang Trung Hai spoke highly of the significant contributions from member enterprises of the Party Committee of Hanoi Business Block while stressing the importance of facilitating their business activities.

Secretary Hoang Trung Hai made the remarks at the working session with the Party Committee of Hanoi Business Block in Hanoi on April 14.

He also praised the Party Committee of Hanoi Business Block for paying due attention to enterprises and easing difficulties for them while accomplishing Party building work.

The Hanoi Secretary noted that production and business activities carried out by member enterprises of the Party Committee of Hanoi Business Block play an important role in the city’s development, so it is crucial to promote the development of enterprises, pay attention to innovative ideas and encourage start-ups.

According to Vice Secretary of the Party Committee of Hanoi Business Block, member enterprises of the block reported a total revenue of nearly VND75 trillion (US$3.3 billion) in 2017, up 8.5% compared to 2016, and total profits of over VND4.5 trillion (US$198 million), up 8.2% over 2016. They also contributed more than VND8 trillion (US$352 million) to the State budget in 2017, an increase of 10.5% over the previous year.

He added that enterprises also posted positive results for the first quarter of this year with indices increased by 8-10% over the same period of 2017.