The annual Vietnam Business Forum (VBF) 2020 will open in Hanoi on December 22 with the theme “Challenges and opportunities in the new normal”. (Photo: VNA)Hanoi (VNA) - The annual Vietnam Business Forum (VBF) 2020will open in Hanoi on December 22 with the theme “Challenges and opportunitiesin the new normal”.
The gathering will be co-chaired by Minister of Planning and Investment NguyenChi Dung, Senior Country Manager of the International Finance Corporation (IFC)Kyle F. Kelhofer, and the World Bank Vietnam’s Country Director Carolyn Turk.
It will provide a platform to engage in ahigh-level policy dialogue with key decision-making Government officials and anopportunity to share with the business community the instructions from PrimeMinister Nguyen Xuan Phuc after his meeting with VBF representatives at theGovernment Office on December 10.
Speaking at a press conference on December 21, Hong Sun, VBF Co-chair,said Vietnam has successfully completed the twin goals of containing theCOVID-19 pandemic and maintaining economic growth.
With improved economic, financial, and tax policies, it is time for Vietnam tostep up foreign investment attraction, he said, expressing a belief that thecountry will make breakthroughs in a new future.
Both domestic and foreign enterprises speak highly of measures adopted by theVietnamese Government in order to support them, he said.
Such measures, however, should be adjusted in a timely fashion to match thelatest circumstances as well as the demand of businesses, he suggested.
The VBF was established in 1997 during the annual Consultative Group meetingbetween the Vietnamese Government and its donor partners, as a not-for-profit,non-political channel for nurturing public-private dialogue to develop a favourablebusiness environment that attracts domestic and foreign private sector investmentand stimulates sustainable economic development.
This is done primarily through high profile bi-annual forums between thebusiness community and Vietnamese leadership and through specialised WorkingGroups cutting across sectors./.
VNA
