Opening Vietnam Business Forum 2015 Annual
the theme Enhancing the competitiveness of enterprises to international
integration, Vietnam Business Forum Annual (VBF) 2015 was officially opened on
the morning of 1/12 in Hanoi.
to Bui Quang Vinh, Minister of Planning and Investment, Vietnam this is phase
is essentially institutional reforms to enhance competitiveness of the economy.
there are still many challenges are posed with Vietnam.
is the productivity and quality of economic growth, administrative reform,
anti-corruption, as well as preparing to enter more deeply into the background
box world economy is still insufficient. The
business environment improved but many institutional but sewn enforcement is
is perfecting the market economy and have much work to do. While the economy is
still limited, is facing many challenges, especially in terms of economic
integration in the world. In the context Vietnam
joined the ASEAN economic Community (AEC), signed and negotiated several free
trade agreements is to improve the competitiveness of enterprises, improving
the system of law is urgently needed " - Minister Vinh said.
Virginia B.Foote, Co-Chairman, Vietnam Business Forum, the Forum said since mid
6/2015 held on January, there has been significant progress on issues important
to the DN in
Vietnam - especially the results of the negotiations of the strategic
Partnership Agreement trans-Pacific (TPP) on May 10/2015.
expect the negotiations of the Free Trade Agreement between Vietnam - EU will
achieve the results this week in Brussels. We are also very pleased with the
commitments in Resolution No. 19 in 2015, and also
witnessed a lot of important legislation was enacted and took effect this year
"- said Ms. Virginia B.Foote.
to create a favorable business environment and equality for enterprises, Ms.
Virginia B.Foote that should follow the precautionary approach to minimize
corruption and administrative burden by reducing the amount of cash, paperwork
and payment transactions directly between businesses and between businesses and
to Mrs Virginia B.Foote, Vietnam has traveled around 70-80% of the way towards
global accounting standards and the final 20% will be the key to success for
companies operating in Vietnam . Therefore,
co-chairman expressed VBF Forum welcomed the important first step that the
Government has made to bring the accounting system of Vietnam closer to
the problem should be more concerned with improving the hardware
infrastructure, energy production, power development plan VII, the coal
industry, the industry ... well she Virginia B.Foote shown.
to Mr. Vu Tien Loc, this is the first period after the last VBF end TPP
negotiations, institutional reforms are generally good, but not yet meet the
requirements of businesses. Accordingly,
the most worrying bottlenecks according to Mr. Loc is the development of
Vietnam's economy is undergoing far-reaching integration but the private sector
in 2016 will execute orientation as new trade agreements, VCCI will be combined
with each sector to exchange and alliances formed enterprises, promoting the
domestic private enterprises to participate the whole chain bridge. Policy
support industries instead of individual businesses.