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”.
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.
MPI 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./.
Prime Minister Pham Minh Chinh has stated that the Vietnamese Government commits to creating a pro-business environment and fine-tuning legal regulations in support of enterprises.
As many as 39 investment funds committed to invest 1.5 billion USD for creative startups in Vietnam in 2023 – 2025, lifting the total investment for the field in the period to 5 billion USD, heard the Vietnam Venture Summit 2022 on December 19 in Hanoi.
In the face of domestic and international economic difficulties, the most effective support for enterprises is to create an equal, open and transparent business environment, according to Do Thi Ngoc, head of the General Statistics Office (GSO)'s Department of General Statistics.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
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.
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.
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 North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
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.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image (Photo: tapchitaichinh.vn) 
MPI Deputy Minister Nguyen Thi Bich Ngoc (C) speaks at the forum (Photo: VNA) 
