Business forum discusses ways to improve competitiveness

14:51 | 09/06/2015 Cooperation

The mid-term Vietnam Business Forum 2015 will focus on solutions and measures to grow private enterprises and make them be more competitive and be big enough to join the global supply chain.

Business forum discusses ways to improve competitiveness

Nguồn: VGP

Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industry and Virginia B. Foote, Chairwoman of the United States-Vietnam Commerce Council, told reporters at the press conference held in Hanoi on June 8.

They mentioned a number of issues concerning the agenda of the forum on improving the competitive capacity of enterprises to integrate internationally.

Prime Minister Nguyen Tan Dung is expected to attend the event, which will open on June 9.

According to Loc, the present problem of Vietnamese economy is the capability of the private economy, which has failed to grow over the past years.

Although the private economy’s role and contribution to the economy is growing and reached 49 percent last year but 33 percent comes from the household economy, Loc said, emphasising the need to be addressed.

On her part, Virginia Foote said that the forum would provide an opportunity for enterprises to voice their difficulties and obstacles in the present business environment in Vietnam.

Enterprises could submit recommendations and suggestions to improve the relationship between the Government, State agencies and enterprises or among enterprises in order to raise competitiveness for not only the business community but also the whole economy, Foote said./.

Source VNA