Local businesses urged to renovate for stronger development
Enterprises need to take actions in order to innovate themselves, towards stronger development amid difficulties, said Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc (Source: VNA)
CanTho (VNA) - Enterprises need to take actions in order to innovate themselves,towards stronger development amid difficulties, said Chairman of the VietnamChamber of Commerce and Industry (VCCI) Vu Tien Loc.
Speaking at a business connection programme held by entrepreneur and business associationsin 17 provinces and cities nationwide in the Mekong Delta city of Can Tho onJuly 20, Loc stressed that business associations should join hands with the Governmentto remove difficulties facing their member firms.
According to Loc, around 1.2 million enterprises have been established inVietnam so far. However, only 640,000 of those are operating, with 60 percentreporting no profits.
The majority of Vietnamese enterprises are small and medium-sized with low corporatemanagement index, Loc said.
“This shows what difficulties businesscommunities are facing”, he noted.
He suggested that localities should not only assist enterprises with difficulties,but also find potential firms to take support measures, thus helping them furtherpromote business and production activities.
The business connection programme, held annually in the form of business-to-business matching (B2B Matching), attracted 400 delegates of 19 businessassociations from the central, eastern and Mekong Delta regions, and Ho ChiMinh City.
Asmany as 104 firms from the associations exhibited and introduced their productsat the event, with 420 business opportunities being exchanged through thereferral marketing.
Nguyen Van Hao, Chairman of the Can Tho Business Association, said organising theevent is one of the key tasks of the association to enhance connection amongbusiness communities, while providing them with information related to market, productsand newly issued relevant legal regulations.
The association sets to organise nine training courses concerning theabove-mentioned contents for 113 enterprises with 578 attendees in 2018.-VNA
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Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc (Source: VNA) 
