Government leaders and representatives from ministries, associations and business community attend the annual Vietnam Business Forum in Hà Nội today. VNA/VNS Photo Thạch Huệ

HÀ NỘI — The role and support of the business community in rapid and sustainable development is a key part of the annual Vietnam Business Forum (VBF) held in Hà Nội on Friday.

The event, jointly held by the Ministry of Planning and Investment, World Bank and International Finance Corporation, is attended by government leaders and representatives from ministries, associations and the business community.

VBF will provide a platform to engage in a high-level public-private policy dialogue with key decision-making government officials to improve business conditions, promoting the development of private businesses and facilitating the investment environment contributing to Việt Nam’s sustainable economic growth.

The discussion also aims to identify the critical issues, proposing recommendations to achieve a circular economy for rapid and sustainable development and enhance investment attractiveness.

In the three working sessions, VBF will focus on clarifying issues including: regulating for sustainability; sustainable development and green growth; and infrastructure for innovation.

Representatives of research groups and foreign business associations in Việt Nam including American Chamber of Commerce, Korean Business Association, Japan Business Association and Australia Chamber of Commerce will deliver speeches on a variety of topics, focusing on facilitating breakthroughs for businesses to become the spearhead of the economy and innovative investment solutions, the role of environmental awareness raising, the importance of sustainability of tourism in Việt Nam, E-government and efficient tax and e-customs development strategy.

For each sector and area, the research groups also mentioned the development of farming methods, value-added supply chains and innovation in agriculture; sustainable energy attracting private investment in Industry 4.0; attracting investment for sustainable finance and supporting the creation of Industry 4.0; sustainable infrastructure development including public-private partnership, waste management, wastewater management and public transport; and the leap towards education and workforce. — VNS