PM highlights contributions of entrepreneurs to national development

Prime Minister Nguyen Xuan Phuc praised the important role of the Vietnamese business community in national development at a ceremony in Hanoi on October 13 to mark the 15th anniversary of Vietnam Entrepreneurs’ Day.

  • Businesses must learn to handle trade defence measures
  • National quality awards presented to 75 businesses
Prime Minister Nguyen Xuan Phuc (Photo: VNA)
Prime Minister Nguyen Xuan Phuc (Photo: VNA)

Prime Minister Nguyen Xuan Phuc praised the important role of the Vietnamese business community in national development at a ceremony in Hanoi on October 13 to mark the 15th anniversary of Vietnam Entrepreneurs’ Day.

In his speech at the event, the PM highlighted the country’s recent achievements such as the elevation of 10 places on competitiveness in the World Economic Forum’s latest report. He attributed the outcomes to the business community’s contributions.

 

He affirmed the Party and State will continue promoting institutional reform toward regional and global standards to create an environment for the business community’s sustainable growth.

He called for the community to join hands with the Party and State in efforts to fight corruption, reform legal institution, and improve the country’s business climate.

He hoped entrepreneurs to promote their national pride, abide by the law, increase transparency, build business culture as well as entrepreneurs’ ethics and social responsibility of enterprises, and propel toward better competitiveness and innovation, as highlighted in the Government’s Resolution 35 on business development.

The PM suggested the community team up with universities and research institutes in training a high-quality workforce.

He expressed his pleasure that there were more than 102,000 new firms established in the first nine months of the year, with registered charter capital worth over 12 billion VND (517,250 USD) on average, the highest level to date.

Prosperous businesses mean prosperous nation, he stated.

On this occasion, he congratulated prominent entrepreneurs who were honoured with Thanh Giong Cup 2019.

First organised by the Vietnam Chamber of Commerce and Industry in 2006, the Thanh Giong Cup is granted to 100 outstanding entrepreneurs nationwide every three years. The winners are business leaders who showed distinct contributions to their enterprises and to Vietnam’s socio-economic development.

VNA

Other News

A view of a container port in Singapore. (File photo: Xinhua/VNA)

Vietnam-Singapore trade cooperation gains fresh momentum

Analysts noted that Vietnam-Singapore ties are increasingly moving beyond traditional goods trade towards green growth, innovation and high-quality supply chains, laying a stronger foundation for more substantive and sustainable cooperation in the years ahead.

Vietnamese products make strong impression at Foodservice Australia 2026

Vietnamese products make strong impression at Foodservice Australia 2026

International visitors expressed positive impressions of Vietnamese products displayed at the fair. Nelma Sanjines, senior supervisor at ESP Catering in Sydney, praised the flavour of Vietnamese chilli sauce and soy sauce as well as the attractive packaging of confectionery products.

Digital technology helps standardise supply chains, sustain export competitiveness

Digital technology helps standardise supply chains, sustain export competitiveness

Experts noted that supply chain optimisation and risk management are no longer isolated tasks for individual companies but a requirement for the entire export ecosystem. With guidance from regulators, support from industry experts and their own efforts, Vietnamese exporters are expected to enhance their competitiveness and turn technical barriers and market volatility into opportunities for sustainable growth in global markets.

Vietnam seen as attractive investment destination for 2026–2035

Vietnam seen as attractive investment destination for 2026–2035

The article described Vietnam as strategically positioned along major regional maritime routes, including the East – West corridor linking the Americas, the Middle East, India and Europe, and the North – South corridor connecting China and Southeast Asia, helping make the country a gateway for international trade.

Eco-industrial parks seen as catalyst for higher-quality FDI

Eco-industrial parks seen as catalyst for higher-quality FDI

The eco-industrial park model will help Vietnam meet international environmental standards while creating opportunities to improve growth quality and economic competitiveness. Many multinational corporations now view green standards, emissions reduction and energy efficiency as key conditions when selecting investment destinations.

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Promoting Vietnamese Brands at an International Food Fair in Gwangju

Alongside exhibition activities, trade promotion, and business networking programs, the “Gwangju Global Food Fair 2026” also witnessed the signing ceremony of a Memorandum of Understanding (MOU) between the Vietnam–Korea Businessmen & Investment Association (VKBIA) and the Gwangju Tourism Organization of South Korea.

Hanoi proposes subsidies to accelerate shift to electric vehicles

Hanoi proposes subsidies to accelerate shift to electric vehicles

Under a draft resolution currently open for public feedback by the municipal People’s Committee, residents with permanent or temporary residence registration in Hanoi for at least two consecutive years, who own petrol-powered motorbikes registered before the resolution takes effect, will be eligible for support when purchasing electric motorbikes priced at 10 million VND or more.

Private economic sector poised for breakthrough growth

Private economic sector poised for breakthrough growth

More than a year after the Politburo's Resolution No. 68-NQ/TW on private sector development came into effect, expectations now extend beyond increasing the number of enterprises. The goal is to build a stronger business community with greater resilience, larger ambitions and the capacity to compete in global supply chains.

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam remains ASEAN growth leader in 2026 despite global headwinds: WB

Vietnam is expected to remain one of ASEAN’s fastest-growing economies in 2026, supported by resilient exports, strong investment inflows and an ambitious reform agenda, despite mounting global uncertainties, according to the World Bank’s latest Vietnam Economic Update released on May 15.

Ministry establishes monitoring framework for carbon market

Ministry establishes monitoring framework for carbon market

Under a new circular, the exchange of greenhouse gas emission quotas and carbon credits is conducted on the domestic carbon credit exchange through the carbon trading system, which is interconnected with the national registration system.