VBF SIGNS MEMORANDUM OF UNDERSTANDING FOR 2026–2030, MARKING A NEW CHAPTER FOR VIETNAM’S LEADING PUBLIC–PRIVATE DIALOGUE MECHANISM
The new VBF Alliance model aims to enhance efficiency, transparency, and effectiveness, while continuing to support the Government in improving Vietnam’s investment and business environment.
Hanoi, 8 June 2026 – The Vietnam Business Forum (VBF) today held the Signing Ceremony of the Memorandum of Understanding (MOU) on the operation of the VBF for the period 2026–2030 at the headquarters of the Vietnam Chamber of Commerce and Industry (VCCI), marking an important milestone in VBF’s nearly three-decade journey of promoting policy dialogue and supporting the development of Vietnam’s investment and business environment.
The MOU was signed by Mr. Ho Sy Hung, President of VCCI and VBF Co-Chair representing the domestic business community, and Mr. Ko Tae Yeon, Chairman of the Korean Chamber of Business in Vietnam (KoCham) and VBF Co-Chair representing the foreign business community, together with representatives of the member business associations of the VBF.
Established in 1997, the VBF serves as a regular public-private dialogue mechanism between the Government of Vietnam and the domestic and international business communities. Over the past three decades, the VBF has contributed significantly to improving the investment and business environment, strengthening the legal and regulatory framework, enhancing policy transparency, and increasing the competitiveness of the Vietnamese economy through dialogue and policy consultation with the Government, the National Assembly, ministries, agencies, and local authorities.
In 2025, the VBF continued to reinforce its role as a trusted dialogue partner of the Government through policy consultation and advocacy activities across a range of strategic areas, including the development of the International Financial Centre, the digital economy, data and personal data protection, human resources, energy transition, taxation, customs, and broader investment and business environment reforms. VBF’s contributions have supported institutional improvements, helped address challenges faced by enterprises, and enhanced policy implementation effectiveness.
The Memorandum of Understanding for the 2026-2030 period marks the official transition of the VBF to the new VBF Alliance model, featuring a more streamlined, transparent, and effective governance structure. Under this model, the VBF Alliance comprises five official members: VCCI, KoCham, AmCham, BritCham, and EuroCham, together with affiliated members including AusCham, CTCVN, HKBAV, InCham, JCCI, SBA, SingCham, and ThaiCham. The new structure provides a stronger platform for member associations to coordinate more closely in consolidating the voice of the business community and promoting effective policy dialogue with government authorities.
During the 2026-2030 period, the VBF Alliance will continue to work in partnership with the Government in advancing Vietnam’s national development objectives. Its priorities will include contributing to institutional reform; supporting the development of the private sector as a key driver of economic growth; promoting science, technology, innovation, and digital transformation; facilitating green transition and sustainable development; enhancing workforce quality; strengthening national competitiveness; and attracting high-quality investment flows.
Through its policy dialogue and consultation activities, the VBF remains committed to contributing to a transparent, enabling, and competitive investment and business environment, thereby supporting Vietnam in achieving its development goals for 2030 and its vision toward 2045.