The Vietnam Chamber of Commerce and Industry (VCCI) in conjunction with the Asia Foundation announced a survey report on good practices of business associations and tools for assessing a business association’s capacity at a ceremony in Hanoi on March 6.

Accordingly, through interviews with 16 business associations in 7 provinces and cities nationwide, the survey summed up their good experience and initiatives, focusing on service provision for members, how to develop effective revenue generation model, the application of information and communication technology (ICT), association administration, feedback on legal policies, and international cooperation.

VCCI Vice Chairman Hoang Van Dung underscored the need to improve capacity of Vietnam’s business associations in the context of increasingly integration, saying that Vietnamese enterprises should further enhance links so as to raise competitiveness, enabling them to join global value chains.

The building of tools for assessing a business association’s capacity aims to help associations to evaluate their own capacity and compare their operation practices with international standards, said Pham Ngoc Thach from VCCI’s legal department.

On the occasion, the Asia Foundation announced its funding programme to assist business associations in improving their performance through applying good practices and initiatives. The one-year programme is scheduled to begin in June 2015, with each aid package valuing from 15,000-20,000 USD.-VNA