Business

2023 Vietnam Business Forum focuses on green growth

The 2023 Vietnam Business Forum (VBF) opened in Hanoi on March 17 under the theme of “Business Community in Partnership with Government of Vietnam in Fostering Green Growth”.
2023 Vietnam Business Forum focuses on green growth ảnh 1Illustrative image (Photo: tapchitaichinh.vn)
Hanoi (VNA) - The 2023 Vietnam Business Forum (VBF) opened in Hanoion March 17 under the theme of “Business Community in Partnership withGovernment of Vietnam in Fostering Green Growth”.

The annual forum, co-organised by the Vietnamese Ministry ofPlanning and Investment and the World Bank Group’s International FinanceCorporation (IFC), serves as an uninterrupted and close dialogue mechanismbetween the Government and the domestic and foreign business communities inorder to improve business conditions to promote the development of the domesticprivate sector and facilitate the investment environment, thus contributing toVietnam's sustainable economic growth.

In her opening remarks, MPI Deputy Minister Nguyen Thi BichNgoc said throughout its 25-year history, VBF has always adhered to thegoal and mission of acting as a bridge between the business community andGovernment agencies. Through the forum, the business community has provided feedback and recommendations to improve the business and investment environment and promote sustainable socio-economic development, while constantly renewing their vision and operation methods towards paying greater attention to social responsibility.

2023 Vietnam Business Forum focuses on green growth ảnh 2MPI Deputy Minister Nguyen Thi Bich Ngoc (C) speaks at the forum (Photo: VNA)
In 2022, the scale of Vietnam's economy exceeded the 400billion USD mark for the first time with a growth rate of 8.02%, far higherthan the set target and the highest growth rate in the past decade. Foreigndirect investment almost reached 30 billion USD, while the import andexport turnover amounted to 732.5 billion USD, putting Vietnam in the top 20 countrieswith the largest trade scales. Despite being in the post-COVID-19 recoverydevelopment phase, FDI disbursement increased by 13.5% year-on-year, once againaffirming the attractiveness of Vietnam's investment environment on theregional and global investment maps.

During the forum’s technical session, research groups areexpected to report on many topics related to preparations for the period of energy transitionand circular economy; and sustainable development andcompetitiveness enhancement in the new context.

A high-level session of this year’s forum is scheduled totake place on March 19./.
VNA
#MPI Deputy Minister Nguyen Thi Bich Ngoc #2023 Vietnam Business Forum #Ministry of Planning and Investment #World Bank #International Finance Corporation #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

See more

Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM sees global tensions as chance to reshape economy

The PM outlined a dual strategy: revitalising traditional growth engines of investment, exports, and consumption, while accelerating breakthroughs in sci-tech, innovation, digital transformation, and green transition.

Prime Minister Pham Minh Chinh chairs a national teleconference to review the fight against smuggling, trade fraud, counterfeit goods, and intellectual property rights infringement. (Photo: VNA)

Prime Minister chairs national teleconference on fight against counterfeit goods

He requested delegates to provide objective and honest feedback on what has been achieved, what has not, the consequences, and draw lessons learned for the future. He also emphasised the need to identify key directions and tasks, with a firm resolve to prevent, and eventually eliminate the trafficking of counterfeit medicines and fake food products.

Producing electronic components for export at Tu Ha Industrial Park, Huong Tra township, Hue city. (Photo: VNA)

Vietnam becomes Singapore's 8th largest export market

Vietnam ranked as the 8th largest export market of Singapore with an export turnover of more than 11.7 billion SGD (9.06 billion USD) in the first five months of this year, four places higher than that of the same period last year.

The dialogue spotlights the enduring role of public-private partnerships in shaping and advancing Vietnam-US relations over the past three decades. (Photo: VNA)

Dialogue talks role of public-private partnership in Vietnam-US relations

Vietnamese Ambassador to the US Nguyen Quoc Dung reviewed key milestones in the bilateral relationship, underscoring the essential and sustained contribution by businesses from both countries, from the time before the normalisation of bilateral ties in 1995 until today, when the two sides are comprehensive stategic partners of each other.

The Tan Thuan Export Processing Zone is connected to Tan Thuan Port, forming a manufacturing–export ecosystem for Ho Chi Minh City. (Photo: VNA)

HCM City industrial parks set 20 billion USD investment target for 2025–2030

According to targets adopted at the fifth Party Congress of the Management Board of the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA) on June 22, the zones aim for average capital attraction of 8–10 million USD per hectare, with a 70% disbursement rate of registered capital achieved on schedule.

Participants in the congress held on June 19 to establish the Binh Duong Association of Supporting Industries (BASI). (Photo: VNA)

Binh Duong sets up supporting industry association

The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.

Pharmaceutical production at a company in Vietnam. (Photo: VNA)

Vietnam’s pharma sector heats up with major M&A deals

PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.

Ngoc Linh ginseng is found within a narrow ecological zone around the peak of Ngoc Linh Mountain. (Photo: VNA)

Quang Nam positioned as medicinal plant hub

The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.

The official logo of resort airline Sun PhuQuoc Airways (Photo: Sun Group)

Official logo of resort airline Sun PhuQuoc Airways announced

Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.