Annual Viet Nam Business Forum 2019 opens in Ha Noi
17:35 | 10/01/2020

VGP – The annual Viet Nam Business Forum 2019 opened in Ha Noi on January in the presence of Deputy Prime Minister Trinh Dinh Dung.

Deputy Prime Minister Trinh Dinh Dung speaks at the event

The event was co-organized by the Ministry of Planning and Investment, the World Bank, the International Financial Corporation (IFC) and the Viet Nam Business Forum (VBF).

The forum offered a dialogue platform between the Government of Viet Nam and the business community revolving around the recommendations and proposals that had previously been sent to ministries and branches by the VBF.

In his speech, Deputy PM Dung stated that in recent years, along with a stable and increasingly improved business environment, Vietnamese enterprises have registered strong developments in terms of both the quantity and quality.

Hailing 2019 as a breakthrough year for Viet Nam, Dung said the FDI businesses contributed about 20% of Viet Nam’s gross domestic product (GDP) last year, while reporting increased state budget contribution and creating jobs for millions of workers.

In the time ahead, the Government will focus on solving some issues, including prioritizing investment in synchronous infrastructure development and helping to create intelligent, effective connections, thus reducing costs and enhancing the efficiency and competitiveness for businesses, investors and the economy, he emphasized.

In particular, the Government encourages strong investment in education and science-technology, improving the quality of human resources, and supporting the business community towards a circular economy and innovation in business activities, Deputy PM Dung added.

He revealed that the Government will deploy many specific programs and plans to implement guidelines and policies encouraging and creating favorable conditions for enterprises in all the three sectors (agriculture, industry and service) towards co-development.

The Deputy PM also touched upon the orientations of effectively developing and applying the e-Government, and continuing to improve the business and investment environment to ensure transparency, convenience, stability and sustainable development of businesses./.

By Vien Nhu

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