Mid-term VBF takes place today

Thousands of recommendations were raised during the past 40 VBFs

The mid-term VBF 2018 took place today (July 4) in Sheraton Hanoi Hotel, organised by the Ministry of Planning and Investment in collaboration with International Finance Corporation.

The forum consisted of three sessions presented by foreign business associations present in Vietnam, including KoCham, AmCham, EuroCham, the Japan Business Association in Vietnam (JBAV), and working groups.

The theme of the first session was climbing higher in value chains, and gathered solutions to evolve resources, prepare to reach out to the international market, and improve productivity through applying science and technology, and complying with international standards.

In order to overcome technical challenges, working groups discussed in the second session on how to prepare human resources to apply Industry 4.0 in the fields of education and training, health, as well as proposed solutions for sustainable development in the mining sector.

The theme of the third session was sustainable financial growth, providing good-quality credit and financial services to match market demand, and the development of capital resources.

Thousands of representatives participated in the event, including leaders of ministries, agencies, foreign affairs agencies, and organisations, working groups on various fields, representatives of the business associations of numerous countries in Vietnam, as well as leaders of hundreds of domestic and foreign-invested businesses.

VBF, which was established in 1997, is a channel of policy dialogue between senior leaders of the Vietnamese government and the business community, covering almost all economic fields in order to develop a favourable business climate, mobilise private sector investment, and spur sustainable economic development in Vietnam.