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

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