HCM City hosts 2010 Vietnamese business forum

A 2010 forum for Vietnamese businessmen and women opened in HCM City on March 3.
A 2010 forum for Vietnamese businessmen and women opened in HCM City on March 3.

The forum entitled “Vietnam’s economy in the post crisis period: Opportunities and Challenges”, jointly held by the Vietnam Chamber of Commerce and Industry (VCCI) and the Vietnamese Businesswomen’s Council, drew almost 500 businesses from all domestic and foreign economic sectors and the outstanding Vietnamese businesswomen of 2009.

Vice State President Nguyen Thi Doan said that while the global economy showed signs of recovery in 2010, a number of Vietnam ’s major import markets remain stagnant. At the same time, some countries have re-implemented protectionist measures, causing difficulties for Vietnamese businesses in maintaining and expanding their outlets.

To cope with the situation, Doan suggested businesses restructure, maintain traditional export markets and develop their involvement in the domestic market along with increasing productivity and enhancing corporate responsibility.

She called on the Vietnamese business community to further bring into play their patriotic spirit and solidarity to take on the challenges ahead, strengthen Vietnam’s trademarks and contribute to the national economy.

The World Bank country director in Vietnam Victoria Kwakwa said that businesses should seek ways to restructure, define their strengths and shortcomings and increase productivity by applying new production technologies and seeking new outlets.

Vice Chairwoman of the HCM City People’s Committee Nguyen Thi Hong took the occasion to highlight the important contributions made by outstanding Vietnamese businesswomen in 2009 to the nation while the country is being affected by the global economic downturn./.

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