Boosting Reform and Enhancing Competitiveness of Vietnam

8:44:09 PM | 10/23/2010

The Vietnam Chamber of Commerce and Industry (VCCI) and the European Chamber of Commerce in Vietnam (EuroCham) have recently signed a partnership agreement called “Corporate Alliance on Administrative Procedures Reform and Competitiveness Enhancement.” The two organisations will reportedly share common interests in promoting the business environment in Vietnam to support business development and stimulate economic growth.
The launch of the Corporate Alliance signifies a key step in providing a platform to engage the private sector in building and developing a strong network of partners, mobilising resources to improve advocacy and support for government-initiated public administration reform, and improving Vietnam ’s competitiveness in general.
“EuroCham firmly believes in the power of partnerships and collaborative efforts for a more competitive Vietnam and is fully committed to working together with both government agencies and the corporate sector through this initiative,” said Alain Cany, EuroCham Chairman.
VCCI and EuroCham will be the leaders of the Corporate Alliance, and other technical and corporate partners to provide business expertise, financial resources and communications.
“We will work closely with multinational corporations and domestic companies to identify, design and implement the Alliance’s activities that leverage the strengths of the corporate sector and improve Vietnam’s business environment and competitiveness,” Mr Pham Gia Tuc, Vice President of VCCI noted.
Corporate cooperation has a variety of forms and methods, from collaborate efforts for the formation of initiatives to cooperation to catch the attention and promote actions on specific issues or marketing campaigns aimed at raising awareness and mobilising supports of related groups to uplift the mission of the Alliance. All forms of cooperation have joint action programmes and mutual respect and promote strengths of participants.
 
To date, several EuroCham member companies have already committed to supporting the alliance, including Holcim (Vietnam) Ltd., HSBC Bank (Vietnam) Ltd., FrieslandCampina Vietnam, GlaxoSmithKline Pte Ltd., Mercedes-Benz Vietnam Ltd., Metro Cash & Carry Vietnam, Prudential Vietnam, Shell Vietnam, Schneider Electric Overseas Asia Pte Ltd., Siemens Vietnam Ltd., Standard Chartered Bank, Unilever Vietnam, and Sanofi-Aventis.
Quynh Chi