PM attends Vietnam Business Forum"s high-level session

Prime Minister Pham Minh Chinh attended the high-level session of the annual Vietnam Business Forum (VBF) in Hanoi on February 21 under the theme “Restoring the economy & Developing supply chain in the new normal”.

PM attends Vietnam Business Forum's high-level session hinh anh 1

Prime Minister Pham Minh Chinh addresses the session (Photo: VNA)

Prime Minister Pham Minh Chinh attended the high-level session of the annual Vietnam Business Forum (VBF) in Hanoi on February 21 under the theme “Restoring the economy & Developing supply chain in the new normal”.

Addressing the event, Prime Minister Pham Minh Chinh said that after 35 years of implementing its "Doi moi" (renewal) process, Vietnam has obtained historical achievements.

He highlighted that in 2021, despite unprecedented challenges and difficulties, Vietnam gained encouraging achievements with the solidarity and unanimity of the people and business community as well as support from international friends and partners.

Last year, the country’s import-export revenue surged 22.6 percent year on year to a record of nearly 670 billion USD, bringing Vietnam to the top 20 countries with largest trade scale in the world, he noted, adding that the country enjoyed a 9.2-percent rise in foreign direct investment attraction.

Vietnam has become one of the six countries in the world with highest COVID-19 vaccination coverage, he said, adding the country has switched to safe, flexible adaptation to and effective control of the pandemic since October 2021.

The Party, State and Government of Vietnam highly values the contributions of the business community and share the difficulties that they are facing, especially amid COVID-19, he stressed.

He underlined that with the motto of placing businesses in the centre, the Vietnamese Government will continue to implement three strategic breakthroughs – completing institution, developing human resources, and building synchronised and modern infrastructure system.

Vietnam is seeing an opportunity to rise strongly on the foundation of the national synergy, position and prestige after 35 years of Doi moi, he said, stressing that it is the time for the country to challenge the mettle, creativity and adaptation capacity of both the Government and business community in the spirit of mutual support, harmonious benefit and shared risk.

PM attends Vietnam Business Forum's high-level session hinh anh 2

An overview of the high-level session of the annual Vietnam Business Forum (Photo: VNA)

Along with effectively implementing the socio-economic recovery and development programme in parallel with COVID-19 prevention and control, Vietnam will continue to work to keep macro-economy stable, improving the business and investment environment, speeding up digital transformation, boosting the growth of digital economy, digital society, green economy and circular economy, and mitigating climate changes, he said.

The PM stated that Vietnam will roll out measures to recover the supply chains as well as business and production activities, while speeding up administrative reform, and developing different factors serving production such as capital, land, resources and science-technology markets.

The Vietnamese Government will also work to create an equal environment for all economic sectors, he underscored, saying that the country encourages private and foreign investments in the fields of high technology, support industries, smart agriculture, environmental protection, renewable energy, infrastructure building and social welfare.

Vietnam will make full use of advantages from free trade agreements, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), EU-Vietnam Free Trade Agreement (EVFTA), and Regional Comprehensive Economic Partnership (RCEP) to expand markets and persify business partnership, while strictly handling smuggling and trade fraud, he said.

At the event, PM Chinh asked ministries, sectors and relevant agencies to collect ideas from the business community and respond to their feedback.

He expressed his hope that the business community will continue to join hands with the Vietnamese Government and people to effectively implement socio-economic targets for 2022.

At the event, representatives from business associations gave ideas on how to improve the domestic production capacity, expand the supporting industry, develop inter-sectoral industrial clusters and value chains, and increase linkages between foreign-invested enterprises and their domestic peers.

They highlighted the role of financial resources to the development of industrial clusters and supply chains, as well as the significance of sustainable energy and digital economy. They also gave proposals on what Vietnam should do to help the business community to grow fast and sustainably.

Established in 1997, VBF is a regular and high-level channel of communication between the business community and Vietnamese Government./.

Source: VNA
en.vietnamplus.vn

Related News

General Department of Vietnam Customs listens and answers problems for FDI enterprises

General Department of Vietnam Customs listens and answers problems for FDI enterprises

VCN - On February 28, General Department of Vietnam Customs held a regular meeting with the Vietnam Business Forum (VBF) Alliance.
PM presides over Government’s September law-making session

PM presides over Government’s September law-making session

Prime Minister Pham Minh Chinh on September 28 chaired a monthly Government law-making session to discuss a proposal on drafting the Law on Management and Use of Weapons, Explosives and Supporting Tools.
PM Chinh’s trip to UNGA, US, Brazil reap substantive, comprehensive results: minister

PM Chinh’s trip to UNGA, US, Brazil reap substantive, comprehensive results: minister

Prime Minister Pham Minh Chinh and the high-ranking Vietnamese delegation’s attendance in the high-level week of the 78th session of the United Nations General Assembly (UNGA), bilateral activities in the US, and official visit to Brazil have obtained substantive and comprehensive results, said Minister of Foreign Affairs Bui Thanh Son.
PM Chinh meets with UN ​Secretary-General

PM Chinh meets with UN ​Secretary-General

Prime Minister Pham Minh Chinh met with Secretary-General of the United Nations (UN) Antonio Guterres at the UN headquarters in New York on September 21 afternoon (US time), on the sidelines of the high-level week of the 78th session of the UN General Assembly.

Latest News

Gov’t unveils action plan to accelerate industrialisation

Gov’t unveils action plan to accelerate industrialisation

The Vietnamese Government has outlined a comprehensive action plan to continue fasttracking the country's industrialisation and modernisation by 2030, with a long-term vision extending to 2045.
Ho Chi Minh City enterprises overcoming difficulties

Ho Chi Minh City enterprises overcoming difficulties

VCN - The economy of HCM City has gradually moved through the first half of 2024 with many positive signs. Business activities are stabilizing and recovering, with export orders in sectors such as wood, textiles, food, and beverages surging.
PM asks for all efforts to ensure sufficient supply of electricity, petroleum products

PM asks for all efforts to ensure sufficient supply of electricity, petroleum products

Prime Minister Phạm Minh Chính asked relevant agencies and authorities to ensure sufficient supply of electricity and petroleum products in all situations.
Ministries asked to review and revise policies on infrastructure development

Ministries asked to review and revise policies on infrastructure development

A plan outlines key tasks and solutions to develop a modern and synchronous infrastructure system with focus, priority on key areas, and advanced steps ahead.

More News

Vietnam

Vietnam's GDP in 2024 could achieve nearly 7% growth

VCN - According to Nguyen Anh Duong, Head of the General Research Department at the Central Institute for Economic Management (CIEM), Vietnam achieved significant socio-economic results in the first half of the year. Based on these outcomes, CIEM has developed two macroeconomic forecast scenarios for 2024.
Foreign diplomats hail late Party chief’s role in Vietnam’s modern history

Foreign diplomats hail late Party chief’s role in Vietnam’s modern history

Party General Secretary Nguyen Phu Trong holds an enormous role in the development and achievements of Vietnam, in terms of both domestic and external affairs, said foreign diplomats who used to work in the country.
Highest determination to remove IUU "yellow card".

Highest determination to remove IUU "yellow card".

VCN - The 5th inspection of the European Commission (EC) is expected in October 2024, which is the decisive time for Vietnam to remove the "Yellow Card" warning in 2024. This is considered an important and urgent and important task because the EU is in the top 5 largest export markets of Vietnamese seafood, after the US and China.
Party General Secretary Nguyen Phu Trong passes away

Party General Secretary Nguyen Phu Trong passes away

General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong passed away on July 19 afternoon at the age of 80, according to the board of health protection and care for central officials.
The trend of GDP acceleration is increasingly clear

The trend of GDP acceleration is increasingly clear

VCN - In the context of a world economic recovery trend, our country's economic growth in the first six months of 2024 continues to prosper with an increase of 6.42%. This result is higher than the upper target growth rate set in Resolution 01/NQ-CP of the Government, and is considered a positive sign for the growth target for the whole year 2024.
The new Land law 2024 expected to boost foreign investment

The new Land law 2024 expected to boost foreign investment

VCN - With the new features and improvements in the Land Law 2024 for investors, Vietnam expects to welcome a new wave of foreign direct investment (FDI), especially for large projects.
PM calls for all-people, comprehensive digital transformation

PM calls for all-people, comprehensive digital transformation

Prime Minister Pham Minh Chinh on July 19 called for the all-people and comprehensive digital transformation, with the engagement of the whole political system, people and enterprises in the development of digital infrastructure, completion of the digital institutions and human resources training, so that Vietnam can catch up with and be on par with other nations amidst global headwinds.
Statement of the Ministry of Foreign Affairs on Vietnam submission on the limits of the extended continental shelf beyond 200 nautical miles in respec

Statement of the Ministry of Foreign Affairs on Vietnam submission on the limits of the extended continental shelf beyond 200 nautical miles in respec

Vietnam presented to the United Nations Commission on the Limits of the Continental Shelf (CLCS) its Submission on the Limits of the Extended Continental Shelf in respect of the Central Area of the East Sea (South China Sea) (VNM-C) at the UN headquarters in New York on July 17 morning (local time).
Vietnam’s e-commerce market grows fastest in SEA

Vietnam’s e-commerce market grows fastest in SEA

Vietnam, along with Thailand, are the two fastest growing e-commerce markets in Southeast Asia, according to the recently released report '2024 E-commerce in Southeast Asia' by Momentum Works.
Read More

Your care

Latest Most read
Gov’t unveils action plan to accelerate industrialisation

Gov’t unveils action plan to accelerate industrialisation

The Vietnamese Government has outlined a comprehensive action plan to continue fasttracking the country's industrialisation and modernisation by 2030, with a long-term vision extending to 2045.
Ho Chi Minh City enterprises overcoming difficulties

Ho Chi Minh City enterprises overcoming difficulties

VCN - In the first half of 2024, reports from the HCM City Union Business Association (HUBA) indicated that the activities of most businesses in the area were stabilizing.
PM asks for all efforts to ensure sufficient supply of electricity, petroleum products

PM asks for all efforts to ensure sufficient supply of electricity, petroleum products

Prime Minister Phạm Minh Chính asked relevant agencies and authorities to ensure sufficient supply of electricity and petroleum products in all situations.
Ministries asked to review and revise policies on infrastructure development

Ministries asked to review and revise policies on infrastructure development

A plan outlines key tasks and solutions to develop a modern and synchronous infrastructure system with focus, priority on key areas, and advanced steps ahead.
Vietnam

Vietnam's GDP in 2024 could achieve nearly 7% growth

According to Nguyen Anh Duong, Head of the General Research Department at the Central Institute for Economic Management (CIEM), Vietnam achieved significant socio-economic results in the first half of 2024
Mobile Version