Making Vietnam business environment on par with other countries

	Improving the business environment: The distance from the support policy to beneficiaries is quite far
	Improve business environment: Not even among localities
	Business environment is really "bright", isn’t it?

The trade war between the United States and China is raising concerns with complicated developments. In your opinion, how should Vietnam respond to this trade war?

First of all, Vietnam must be able to resist very well because the world's economic and political situation is constantly fluctuating. China becoming strong or weak also causes many impacts on us.

With an open economy like Vietnam, the fluctuations of the world economy will also have a big impact on Vietnam. Therefore, at present and in the next few decades, Vietnam must be ready for response scenarios. It's like building a house against a storm. To build a large, good and eco-friendly house, Vietnam must attach much importance to economic and social institutions as well as the macroeconomic environment. When doing anything, we also need to pay attention to productivity, environment and sustainable development.

First of all, we must clearly understand partners, realize that “change or die”; Second, locate the strategy of Vietnam; Third, Vietnam should have the resonance, meaning that branches and localities need to work together; Fourth, develop sustainably, not only for today but for tomorrow; Fifth, Vietnam must make the world astonished of the Vietnamese. If they are only impressed by Vietnamese at the average level, that is not enough.

Integration and opening is the way Vietnam has been going. The most remarkable point in Vietnam's recent international economic integration is the signing of the The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). How do you assess the pressure of reform on Vietnam when the CPTPP is effective?

In 2019, the export turnover of Vietnam to CPTPP member countries may be slightly better, but more importantly, the sense of reform of Vietnam must be much greater. When I worked with local agencies, I found that their minds were much more different than before. This is not only found in HCMC and Hanoi, but also in the border provinces. I feel the "breath" of desire for change. This is good news. What Vietnam needs in the future is not only to untie, break the barriers in doing business as in the story "contract 10" before, but also mobilize everyone, all branches to create a solid foundation for the reform, facilitating the economy to develop better.

Vietnam's reform signals are praiseworthy, stemming from their own needs and their own implementation, rather than receiving the support from the World Bank (WB) or the International Monetary Fund (IMF) as previously. At present, Vietnamese experts are the ones who design the future of Vietnam. It seems that economic groups, private companies as well as localities are ready for this. This is a new move and I think that it is a very good sign. Learning, reforming and visualizing the future for Vietnam, capturing technology 4.0, sustainable development and social responsibility are “key words” in everyone's speech.

Now, our institutions are still slower than the demands of the times of the economy. Therefore, we need to learn from experiences of successful countries, especially the ones having similar conditions as Vietnam.

How do you perceive Vietnam's reforms over time? Does what Vietnam has done meet the requirements of the CPTPP in particular and the process of economic integration in general?

Vietnam's reforms have made a lot of progress, but Vietnam's reform level is still far from that of other countries in the region as well as in the world. Vietnam is still heavy on "untied" thinking when we are called for repair. Vietnam does this task quite fast and well. But the reform to create the foundation for the future, to get support from everyone is not available.

After 5 years of implementing Resolution 19: Business environment changed but not "hit" destination VCN- Determining improvement of the business environment of the Government initiated by Resolution 19 / NQ-CP in ...

Therefore, investors in Vietnam still focus on opportunity but they do not think of "long-term, sustainable investment” to develop this nation together. They only see that Vietnam market has tens of millions of people, cheap laborers... so they invest. We have to strive to achieve the goal that the Vietnamese business environment is not inferior to that of other countries and that our institutions are so advanced that they find that investing in Vietnam is beneficial and safe. Our mentality still focuses on effectiveness, on different projects, but not on validity. If we create the belief for the people, for businesses, to bring together the dream of the whole nation, it will be much better.

Thank you so much!