The Vietnam Business Forum (VBF) was established in 1997 during the annual Consultative Group meeting between the Vietnamese Government and its donor partners, as a not-for-profit, non-political channel for nurturing public-private dialogue to develop a favorable business environment that attracts domestic and foreign private sector investment and stimulates sustainable economic development in Vietnam. This is done primarily through high profile bi-annual Forums between the business community and Vietnamese leadership and through specialized Working Groups cutting across sectors.
Serving as a regular and high-level channel of communication between the business community and Vietnamese Government, the VBF is widely recognized as an important actor and reliable partner in shaping reforms that provides concrete results towards delivering a better business environment in Vietnam. Key VBF objectives include working with the Government to create pathways to long-term and sustainable business performance as well as to promote the interests of national and international business community in Vietnam and enhance investment and trade in local and overseas markets. VBF works to provide research, legal analysis, identification of problems and practical solutions.
VBF’s cooperation with Government
On the Government side, the Ministry of Planning and Investment (“MPI”) co-hosts the VBF on behalf of the government, and is responsible for coordination among government bodies. The Foreign Investment Agency under the MPI is the focal point to co-ordinate in the Forum organization.
1997CG meeting Tokyo - IFC recommends dialogue Government-Private Sector
Dec – 1998First Private Sector Forum was orchestrated by IFC
Dec – 2000Vietnam Business Forum
2012VBF’s Secretariat was transferred from IFC to business community
201720th Anniversary of VBF