Green growth takes center stage at Vietnam Green Building Week
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Prime Minister Pham Minh Chinh chaired a pivotal meeting on administrative reform in Hanoi on July 19, with EuroCham as the sole foreign chamber invited. EuroCham seized the opportunity to convey the European business community’s recommendations.
The meeting, which focused on a preliminary review of administrative reform progress in the first half of 2023 and outlined objectives for the remaining months, was attended by representatives from various government bodies, all 63 municipal and provincial People’s Committees across Vietnam, and key domestic business associations. Representing EuroCham were Vice-Chairman Minh Nguyen, and Head of the EuroCham Hanoi office cum External Relations Manager Van Nguyen.
Under the leadership of Prime Minister Pham Minh Chinh, the Steering Committee for Administrative Reform convened for its fifth meeting to evaluate progress made thus far and lay out the strategies for the remainder of the year. During the meeting, EuroCham presented positions of the European business community. We emphasized the importance of embracing an open regulatory approach that allows businesses to pursue new opportunities while encouraging innovation for the common good.
The Prime Minister, acknowledging the significance of administrative improvements, outlined three priority areas for review: legal documentation, procedures that affect individuals and businesses, and civil servants responsible for implementing them.
Photo credit: Mr. Tran Hai of Nhân Dân.
While EuroCham commended the government’s efforts thus far, Vice-Chair Minh Nguyen drew attention to several key matters that require further attention, including:
He also used the opportunity to spread the word about the Green Economy Forum (GEF) 2023 and the Green Economy Forum and Exhibition (GEFE) 2024.
The Prime Minister offered immediate feedback in response:
In his concluding remarks, the Prime Minister underscored the imperative of redoubling efforts in advancing reforms for practical and efficient outcomes. Recognizing that resources stem from innovative thinking and the strength of the people, he highlighted the importance of policy communication, consensus building among stakeholders, and the clarification of new decisions and policies. The PM forcefully advocated abolishing cumbersome regulations, urging officials to avoid unnecessary paperwork that would hinder progress and inflate compliance costs.
Looking ahead, he called upon ministries, branches, and localities to continue reviewing and innovating administrative methods while strengthening dialogue to remove obstacles for individuals and businesses. The Ministry of Industry and Trade, the Ministry of Finance, and the State Bank of Vietnam were specifically tasked with engaging in ongoing dialogues with associations and businesses to address concerns related to credit access, import and export procedures, and payment-related matters.
EuroCham’s participation in this meeting demonstrates our chamber’s commitment to fostering an enabling business environment in Vietnam and facilitating fruitful collaboration between European and Vietnamese enterprises. As reform continues to take center stage in Vietnam’s development agenda, EuroCham remains dedicated to actively engaging with the government and advocating for policies that promote sustainable economic growth and mutual prosperity.
A Vietnamese-language article on the meeting can be found here.
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