On 28 April, members of the EuroCham Executive Board participated in the Prime Minister of Vietnam’s meeting with the business community.
The meeting was chaired by H.E. Prime Minister Nguyen Tan Dung and was honored to have the presence of the Deputy Prime Ministers and the Ministers of MPI, MOF, MONRE, MOST, MOIT, MOLISA, MARD, MOT, MOC, the Governor of SBV, the Mayors of Hanoi and HCMC as well as the General Department of Taxation and Customs. Industry representatives included 500 local and foreign business members, who had been invited in order to discuss – and propose solutions to – the various obstacles and difficulties faced by the business community in Vietnam, with the aim to achieve the 2014-2015 Socio-Economic Development Plan for Vietnam.
EuroCham Chairwoman, Ms. Nicola Connolly, together with Eurocham Deputies underlined the importance of the European business community, with EuroCham representing more than 750 companies, which employ more than 150,000 people in Vietnam. Ms. Connolly continued by referring to the fresh start of EuroCham and the willingness from EuroCham to further strengthening the communication with the Government of Vietnam in an open and transparent manner to benefit all stakeholders in Vietnam - both foreign and domestic enterprises. Ms. Connolly congratulated the Government of Vietnam on the positive outcomes achieved over the last 10 years, due to the determined action by the Vietnamese Government and the strategic plan of His Excellency Prime Minister Nguyen Tan Dung.
In particular, Ms. Connolly referred to the success of:
- Curbing inflation
- Increased ease of doing business in Vietnam
- The realization of the need for higher education standards and training to improve the labor market
(from left: Ms. Thien-Nga Ngo-Rocaboy-EuroCham Chairwoman, Mr. Remco Gaanderse- EuroCham Deputy Chairman, Ms. Nicola Connolly-EuroCham Chairwoman, Dr. Vu Tien Loc-VCCI President)
In conclusion, she made reference to the quarterly EuroCham Business Climate Index, making the point that Vietnam remains an important investment destination in ASEAN and that the confidence of doing business in Vietnam had improved in the last quarter. She underlined the need for continued efforts from the Government of Vietnam by creating a level playing field, encouraging more foreign investment to come into Vietnam.