The opportunities and challenges arising from the formation of an ASEAN Economic Community, and what strategies Vietnamese firms should apply to stay afloat will be among the issues on the agenda at the Vietnam CEO Forum to be held in HCM City on September 24.
Titled CEO 3.0: Embarking on the New Mission – Mentality of 90 or 600?, the forum will bring together the CEOs of around 1,000 local and foreign firms and policy makers, who will share their practical experience in cross-border business and penetrating new markets.
Tran Duc Huy, Deputy Chairman of the Young Businesspeople Association of HCM City (YBA), said the establishment of the AEC by the end of this year would create a single market with 600 million consumers.
Countries like Thailand have prepared well for penetrating other ASEAN markets, but Vietnamese firms remain unmindful, he said.
A survey by the Vietnam National University found that 60 percent of Vietnamese firms do not know about AEC and its likely effects on them.
The forum is expected to enable CEOs to formulate business to cope with the fierce competition both in domestic and foreign markets, he said.
The forum, organised by the YBA, the Leading Business Club, the 2030 Businessmen Club, and the Business Association of Vietnamese High Quality Goods, will be held at White Palace Convention Centre in Phu Nhuan district.
Keynote speakers will include Minister of Justice Ha Hung Cuong, Deputy Minister of Industry and Trade Tran Tuan Anh, Boston Consulting Group chairman Hans-Paul Burkner, Global Integration Business Consultants chairman Pham Phu Ngoc Trai, Vinamilk general director Mai Kieu Lien, and Microsoft Vietnam CEO Vu Minh Tri.-VNA
The National Assembly’s Committee for External Relations held a meeting in Hanoi on August 19, offering insight into the pros and cons Vietnam will face in the ASEAN Community.
Myanmar Vice President Nyan Tun stressed the strategic role of the Greater Mekong Sub-region Economic Cooperation Programme in the economic component of ASEAN during the GMS Ministerial Conference.
Local firms’ preparations for the impact of the formation of the ASEAN Economic Community (AEC) by year’s end was the focus of discussions at a conference in Ho Chi Minh City.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Photo: bizlive.vn
