The Ministry of Planning and Investment (MPI) has suggested to the VBF that the 2016 Mid Term Vietnam Business Forum be cancelled in 2016 given that the Prime Minister recently chaired the “Vietnam Businesses: Nation’s Motivation for Economic Development” in Ho Chi Minh City.

The MPI was responding to the VBF’s letter of 5 May 2016 which was requesting a date to hold this year’s Mid Term VBF. The Ministry’s letter has been reproduced below.

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As usual, VBF is regularly organized twice a year. However, in 2016, Ministry of Planning and Investment suggests the Forum to be held at year end only. The reason is for the Government and VBF to have time to renew the format and content of the Forum, aiming towards a more effective Forum.

Moreover, on April 29th, 2016, Prime Minister Nguyen Xuan Phuc chaired the conference “Vietnam Businesses: Nation’s Motivation for Economic Development” in Ho Chi Minh City. At the conference, representatives from some Business Associations of VBF shared difficulties and problems they have encountered. Recommendations raised by the business community including VBF were consolidated and reported to the Prime Minister. On May 16th, 2016, the Government has issued Decree No. 35/2016/NQ-CP on supporting and developing enterprises to 2020, which requires Ministries, Departments, Central and Local agencies to carry out solutions to resolve businesses’ recommendations. Organization of too many conferences with participation of Government Leaders will cause overlapping and duplication.

On this occasion, the Ministry of Planning and Investment would like to thank you for your cooperation and support and also highly appreciate the role of VBF in connecting and organizing the Forum’s activities.

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