The Vietnam Business Forum (VBF) was established in 1997 during the annual Consultative Group meeting between the Vietnamese Government and its donor partners, as a not-for-profit, non-political channel for nurturing public-private dialogue to develop a favorable business environment that attracts domestic and foreign private sector investment and stimulates sustainable economic development in Vietnam. This is done primarily through high profile bi-annual Forums between the business community and Vietnamese leadership and through specialized Working Groups cutting across sectors.

Serving as a regular and high-level channel of communication between the business community and Vietnamese Government, the VBF is widely recognized as an important actor and reliable partner in shaping reforms that provides concrete results towards delivering a better business environment in Vietnam. Key VBF objectives include working with the Government to create pathways to long-term and sustainable business performance as well as to promote the interests of national and international business community in Vietnam and enhance investment and trade in local and overseas markets. VBF works to provide research, legal analysis, identification of problems and practical solutions.

VBF’s cooperation with Government

On the Government side, the Ministry of Planning and Investment (“MPI”) co-hosts the VBF on behalf of the government, and is responsible for coordination among government bodies. The Foreign Investment Agency under the MPI is the focal point to co-ordinate in the Forum organization.

History

  • 1997
    CG meeting Tokyo - IFC recommends dialogue Government-Private Sector
  • Dec – 1998
    First Private Sector Forum was orchestrated by IFC
  • Dec – 2000
    Vietnam Business Forum
  • 2012
    VBF’s Secretariat was transferred from IFC to business community
  • 2017
    20th Anniversary of VBF

1997: CG meeting Tokyo - IFC recommends dialogue Government-Private Sector

Be established at the annual Consultative Group meeting between the Vietnamese Government and its donor partners in Tokyo, Japan

Dec – 1998: First Private Sector Forum was orchestrated by IFC

Dec – 2000: Vietnam Business Forum

2012: VBF’s Secretariat was transferred from IFC to business community

The coordination function of the Forum's secretariat was transferred from IFC, a member of the World Bank Group, to a Consortium of international and local business associations and chambers of commerce to allow the private sector to play a bigger role in the Forum's sustainable development.

2017: 20th Anniversary of VBF

Upload 20 year anniversary video