Addressing a review meeting of the State finance sector in Hanoi on Wednesday, the Prime Minister asked for more facilitating mechanisms to support small and medium sized enterprises and uplifting household businesses to registered enterprises. He said:“The economy has a large degree of openness, which causes more vulnerability to small and medium sized enterprises. The Law on SMEs Support should specify measures to support SMEs, while financial and accounting regulations should be renovated.”

The Prime Minister also encouraged the application of electronic invoices and tax payments for more efficient business auditing.