Danish workshop seeks ways to help Vietnamese firms climb up global value chains
Denmark’s Copenhagen Business School on September 22 hosted a workshop to discuss ways to build capacity for Vietnamese enterprises, help them climb up global value chains and boost Vietnam-Denmark cooperation in realising Sustainable Development Goals (SDGs).
Denmark’s Copenhagen Business School on September 22 hosts a workshop to discuss ways to build capacity for Vietnamese enterprises and help them climb up global value chains. (Photo: VNA)
Hanoi (VNA) – Denmark’s Copenhagen BusinessSchool on September 22 hosted a workshop to discuss ways to build capacity forVietnamese enterprises, help them climb up global value chains and boost Vietnam-Denmarkcooperation in realising Sustainable Development Goals (SDGs).
The workshop on enhancing value chains and promoting reformsin technical education and vocational training for Vietnam’s sustainable growthbrought together experts and academics, and was attended by Vietnamese Ambassador toDenmark Luong Thanh Nghi.
Nghi delivered a keynote address highlighting Vietnam’ssustainable development strategy and an outlook for Vietnam-Denmarkcooperation.
He also introduced Vietnam’s economic growth andachievements in recent years and gave an overview of the two countries’relations, particularly in economy, trade and investment, and an outline of opportunitiesand challenges for the country in fulfilling SDGs.
Vietnam’s economic achievements and investment attractionare very encouraging, the diplomat said, adding that foreign investors havecontributed greatly to the country's import-export performance and economicgrowth.
Some 70% of Vietnam’s exports have been contributed by the FDIsector, Nghi said, while domestic firms only accounted for around 30% of totalshipments, meaning contributions made by Vietnamese enterprises in foreigntrade remained relatively small.
He urged for a comprehensive and inclusive approach toaddress challenges and unlock opportunities for the achievement of sustainabledevelopment amid many global uncertainties.
The ambassador expected that Vietnamese, Danish and foreignexperts and academics participating the event will put forth recommendations inpolicy-making and support Vietnamese companies to heighten competitiveness andclimb up value chains./.
A delegation of major Danish companies will accompany Crown Prince Frederik in his upcoming visit to Vietnam to seek business and investment opportunities with Vietnamese agencies and partners, Deputy Director General of the Confederation of Danish Industry (DI) Thomas Bustrup has said.
Vietnam and Denmark have a lot of potential to expand and deepen their cooperation in the time ahead, especially in green growth, Danish State Secretary for Trade and Global Sustainability Lina Hansen has affirmed.
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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.
Denmark’s Copenhagen Business School on September 22 hosts a workshop to discuss ways to build capacity for Vietnamese enterprises and help them climb up global value chains. (Photo: VNA)
