Vietnam is stabilizing in front of the global economic downturn with the assessment that its business environment has improved remarkably. If a business environment assessment has 4 marks, the top mark is very good, third one grade is good, second one is passable and first is bad, Vietnam's business environment assessed by businesses is at 2.21 out of 4, higher than the figure 1.9 out of 4 in 2008. This mark is even more optimistic than the level of 2.14 in 2007, before the financial crisis occurred on a global scale. Moreover, the number of businesses, which assess Vietnam's business environment as bad, also reduces much, from 30% in 2008 to only 14.63% in 2009. This shows that Vietnam's business condition is being improved in the eye of the domestic and foreign business community. Expectations of businesses about Vietnam's business environment in coming years is quite high, specifically in 2010 it is assessed at 2.62 mark and the period of 2011-2012 is assessed at 2.9 mark. These … [Read more...] about Vietnam Business Forum 2009 – change opportunity into reality
Vietnam business forum
Vietnam’s private sector takes greater role in Vietnam Business Forum
(MPI Portal) - International Finance Corporation (IFC), a member of the World Bank Group, has handed over the secretariat of the Vietnam Business Forum (VBF) to the private sector after more than a decade of managing the semi-annual dialogue with the government on improving Vietnam's business environment on February 8th, 2012. Started in 1998, the VBF has facilitated reforms that reduced barriers and increased transparency in business development processes, encouraging investment. This is a key constitution recorgnized by the Government and enterprise community. Fourteen local and international business associations and chambers of commerce will collectively take over IFC's role in managing the Forum's day-to-day function. "This new start for the Forum's Secretariat highlights a natural extension of our role, which is to represent the business community in working with the Vietnamese government to remove constraints to the private sector's ability to do business and create jobs," … [Read more...] about Vietnam’s private sector takes greater role in Vietnam Business Forum
Vietnam Business Forum: Powering Greater Role of Vietnam’s Private Sector
International Finance Corporation (IFC), a member of the World Bank Group, has handed over the secretariat of the Vietnam Business Forum to the private sector after more than a decade of managing the semi-annual dialogue with the government on improving Vietnam's business environment. Started in 1998, the Forum has facilitated reforms that reduced barriers and increased transparency in business development processes, encouraging investment. Fourteen local and international business associations and chambers of commerce will collectively take over IFC's role in managing the Forum's day-to-day function. Dr. Vu Tien Loc, President of Vietnam Chamber of Commerce and Industry (VCCI), and Mr. Alain Cany, President of European Chamber of Commerce in Vietnam (EuroCham) will co-chair the Forum this year. The transfer will not affect the Forum's operations, structure, and activities. The Forum's seven working groups - Banking, Infrastructure, Capital Markets, Manufacturing & Distribution, … [Read more...] about Vietnam Business Forum: Powering Greater Role of Vietnam’s Private Sector
Hot Issues Debated at Vietnam Business Forum
How to facilitate business production and build up foreign investors' trust in the context of the economic slowdown was discussed at Vietnam Business Forum 2012 held in Hanoi on May 29, co-chaired by Vietnam Chamber of Commerce and Industry (VCCI) and the European Chamber of Commerce (Eurocham) in Vietnam. Addressing the event, which was organized ahead of the mid-year meeting of the Consultative Group (CG) for Vietnam, Minister of Planning and Investment (MPI) Bui Quang Vinh and World Bank (WB) country Director Victoria Kwakwa said in response to Vietnam's macro-economic instability, the Vietnamese Government has issued Resolution 11, focusing on curbing inflation, stabilizing the macro-economy, and ensuring social welfare. With assistance from international organizations and the business community, the country has reaped initial achievements, they said, adding that the macro-economy has been stabilized and inflation has slowed down despite the remaining challenges. Vinh said … [Read more...] about Hot Issues Debated at Vietnam Business Forum
France-Vietnam Business Forum Emphasising Economic Exchange Potential
"France-Vietnam Business Forum" - the first event of Vietnam-France year held in Ho Chi Minh City has emphasized the richness and potential of economic exchange between the two countries. The forum was organized by UBIFRANCE, the French Agency for International Business Development, in the cooperation with OSEO, the French Public Bank for Small- and Medium- Scale Enterprises, French Chamber of Commerce and Industry in Vietnam (CCIFV), the French Consuls for External Commerce (CCE), ERAI and CCI International network. In Vietnam, the Forum received the support of Vietnam Chamber of Commerce and Industry (VCCI) and the Association of Small and Medium Enterprises in Vietnam. As the large scale economic and commercial event promoted favourable conditions for partnership between French and Vietnamese enterprises in Vietnam, France-Vietnam Business Forum was opened by French Minister for Foreign Trade - Ms Nicole Bricq and this occasion was the opening of the France year in Vietnam. The … [Read more...] about France-Vietnam Business Forum Emphasising Economic Exchange Potential