Ministry of Planning and Investment holds conference on business development reforms

On 29 February 2024, the Ministry of Planning and Investment (MPI) hosted a conference themed “Reform to Pave the Way for Business Development,” focusing on the implementation of Resolution 02/NQ-CP. This event, chaired by Deputy Minister Tran Duy Dong, marked a collaborative effort among various stakeholders to foster an environment conducive to business growth and innovation. This resolution is aimed at the continuous enhancement of the business environment and national competitiveness.

EuroCham Vice-Chair Minh Nguyen highlighted the importance of the EuroCham Business Confidence Index as a tool for evaluating the economic landscape. He commended the government’s initiative to reduce the number of import and export goods requiring specialized inspection, as detailed in Annex III of Resolution 02, noting its beneficial effects on simplifying business processes. Additionally, he pushed for improved policies to promote green growth and the use of renewable, clean energy sources. He also urged the establishment of clear guidelines for calculating carbon emissions to emphasize the role of environmental sustainability in fostering economic development.

The conference facilitated an open dialogue, allowing various business associations and stakeholders to present diverse viewpoints. Topics of discussion ranged from regulatory reforms to specific suggestions for improving the business environment, with a strong focus on sustainability and innovation. This collective exchange of ideas and proposals set the stage for potential policy adjustments and initiatives aimed at bolstering business development and aligning Vietnam’s economic strategies with global trends and challenges.

The conference drew participation from a wide array of representatives such as those from the Central Institute for Economic Management (CIEM), the Legal Department of the Ministry of Natural Resources and Environment (MONRE), the General Department of Taxation, the Vietnam Chamber of Commerce and Industry (VCCI), and international chambers such as the American Chamber of Commerce (AmCham) and the European Chamber of Commerce in Vietnam (EuroCham). Additionally, representatives from the Vietnam Association of Seafood Exporters and Producers (VASEP), the Food and Foodstuff Association of HCMC (FFA), and local authorities contributed to the discussions.