The annual Vietnam Business Forum (VBF) 2020 will open in Hanoi on December 22 with the theme “Challenges and opportunities in the new normal”. (Photo: VNA)
Hanoi (VNA) - The annual Vietnam Business Forum (VBF) 2020will open in Hanoi on December 22 with the theme “Challenges and opportunitiesin the new normal”.
The gathering will be co-chaired by Minister of Planning and Investment NguyenChi Dung, Senior Country Manager of the International Finance Corporation (IFC)Kyle F. Kelhofer, and the World Bank Vietnam’s Country Director Carolyn Turk.
It will provide a platform to engage in ahigh-level policy dialogue with key decision-making Government officials and anopportunity to share with the business community the instructions from PrimeMinister Nguyen Xuan Phuc after his meeting with VBF representatives at theGovernment Office on December 10.
Speaking at a press conference on December 21, Hong Sun, VBF Co-chair,said Vietnam has successfully completed the twin goals of containing theCOVID-19 pandemic and maintaining economic growth.
With improved economic, financial, and tax policies, it is time for Vietnam tostep up foreign investment attraction, he said, expressing a belief that thecountry will make breakthroughs in a new future.
Both domestic and foreign enterprises speak highly of measures adopted by theVietnamese Government in order to support them, he said.
Such measures, however, should be adjusted in a timely fashion to match thelatest circumstances as well as the demand of businesses, he suggested.
The VBF was established in 1997 during the annual Consultative Group meetingbetween the Vietnamese Government and its donor partners, as a not-for-profit,non-political channel for nurturing public-private dialogue to develop a favourablebusiness environment that attracts domestic and foreign private sector investmentand stimulates sustainable economic development.
This is done primarily through high profile bi-annual forums between thebusiness community and Vietnamese leadership and through specialised WorkingGroups cutting across sectors./.
The Vietnam Business Forum (VBF) 2018 will focus on measures to practically and effectively support enterprises towards promoting economic development in a rapid and sustainable manner in connection with environmental protection, according to Vu Tien Loc, co-chair of the forum.
The annual Vietnam Business Forum 2019 opened in Hanoi on January 10, taking the theme of the roles and support of the business community in rapid and sustainable development.
The Made in Vietnam Energy Plan 2.0 (MVEP 2.0), a business case for the primary use of Vietnam’s domestic resources to stimulate investment in clean, secure and affordable energy generation, was officially launched by the Vietnam Business Forum (VBF) on February 27.
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.
The annual Vietnam Business Forum (VBF) 2020 will open in Hanoi on December 22 with the theme “Challenges and opportunities in the new normal”. (Photo: VNA) 
