Vietnam’s private entrepreneurs association was established at a congress in Hanoi on April 6.
The organisation aims to support businesses in improving operational efficiency, sharpening their competitive edge, and expanding overseas markets.
Top priority will be given to broadening partnerships to develop a contingent of entrepreneurs that have competent managerial skills, professional ethics, and corporate social responsibility.
In the context of international integration, businesses need to cooperate with each other to make use of their combined strength, enhance competitive capacity and address challenges, said Deputy Minister of Planning and Investment Dang Huy Dong.
He proposed that the association make recommendations concerning mechanisms and policies to create a favourable environment for all economic sectors to operate efficiently.
The congress elected Prof. Nguyen Trong Dieu, former Deputy Minister of Home Affairs, as President of the association for the 2013-2018 tenure.
Vietnam now has more than 400,000 private businesses that contribute significantly to the State budget every year.
However, private businesses have been struggling to weather the economic slowdown, and thousands suspended their operations in 2012.
Private entrepreneurs association debuts
Vietnam’s private entrepreneurs association was established at a congress in Hanoi on April 6.
Source: VOV
