The forum was part of a series of events organised by VCCI to mark Vietnam Entrepreneurs’ Day on October 13, aiming to connect dialogue and efforts to foster a conducive development environment with the recognition and honouring of outstanding entrepreneurs. Its overarching message was to harness the strengths of an enabling government and pioneering entrepreneurs to lay the foundation for rapid and sustainable growth and enhance the standing of Vietnamese enterprises in the new era.

The forum “Pioneering Entrepreneurs – An Enabling Government in a New Era” was part of a series of events organised by VCCI to mark Vietnam Entrepreneurs’ Day on October 13.

The forum was attended by Mr. Nguyen Duc Hien, Deputy Head of the Central Commission for Policies and Strategies; Mr. Nguyen Duc Hieu, a full-time member of the National Assembly’s Committee on Economic and Financial Affairs; Mr. Nguyen Xuan Tho, Deputy Director General of the Department of Private Enterprise and Collective Economy Development under the Ministry of Finance; and Dr. Nguyen Dac Binh Minh, Deputy Director of the National Institute of Innovation under the Ministry of Science and Technology, among others.

Associate Professor Dr. Ho Sy Hung, Party Committee Secretary and President of VCCI, delivers the opening remarks at the forum “Pioneering Entrepreneurs – An Enabling Government in a New Era.”

Representing VCCI at the forum were Associate Professor Dr. Ho Sy Hung, Party Committee Secretary and President of VCCI; Mr. Hoang Quang Phong, Vice President of VCCI; Mr. Bui Trung Nghia, Vice President of VCCI; and Ms. Tran Thi Lan Anh, Secretary General of VCCI. The forum was also attended by delegates comprising local government leaders, representatives of associations, experts and members of the business community.

The Need to Renew the Development Model

As Vietnam enters the 2026–2030 development period, its economy faces the challenge of not only expanding in scale but also improving the quality of growth, productivity, self-reliance and competitiveness. New drivers stemming from science and technology, innovation, digital transformation and green transition need to be translated into investment projects, production capacity and tangible added value.

In this process, businesses are the direct drivers of value creation, job generation, participation in supply chains, and the introduction of Vietnamese goods and brands to global markets.

As part of the forum, the Organising Committee presents awards and recognises entrepreneurs and businesses for their achievements in digital transformation, green transition and international integration.

With this in mind, VCCI Vice President Hoang Quang Phong emphasised at the forum that the forum “Pioneering Entrepreneurs – An Enabling Government in a New Era” highlights a two-way relationship. The Government must establish a transparent, stable and predictable institutional framework, ensuring the smooth mobilisation and allocation of resources. Meanwhile, pioneering entrepreneurs must innovate their management practices, improve productivity, master technologies and expand business linkages. These two efforts can become drivers of growth only when they translate into tangible outcomes in the business environment and business operations.

Unlocking and Effectively Utilising Resources

During discussions at the forum, delegates emphasised the need to combine high growth targets with macroeconomic stability, maintain major economic balances and improve the efficiency of resource allocation. Key priorities include developing a balanced financial system and capital markets, and enhancing investment efficiency, particularly in public investment. At the same time, the roles of state-owned enterprises, private enterprises and foreign-invested businesses must be promoted within an interconnected ecosystem, while bottlenecks relating to institutions, administrative procedures and access to resources must continue to be addressed.

VCCI leaders and delegates, including local government leaders, economic experts, businesses and business associations, attend the Forum “Pioneering Entrepreneurs – An Enabling Government in the New Era.”

Alongside the State’s role in creating an enabling environment, the Forum emphasizes businesses’ responsibility to innovate themselves through transparent financial management, efficient capital allocation, and a shift from expanding scale to enhancing productivity and value creation, while meeting higher standards in quality, labor, environment and governance. These are essential conditions for Vietnamese enterprises to participate more deeply in regional and global value chains.

From Policy Dialogue to Action and Results

At the Forum, delegates, economic experts and businesses discussed issues including institutional reform and improvements to the investment and business environment; unlocking resources in capital, land, infrastructure, data and human resources; advancing science and technology; promoting innovation; and the role of local authorities in supporting businesses. The discussion session, themed “Advancing into a New Era of Development: Vietnamese Businesses Taking the Lead in Innovation and Joining Hands with the Nation”, brought together perspectives from experts and businesses across various economic sectors and of different sizes.

Dialogue Session: “Advancing into a New Era of Development: Vietnamese Entrepreneurs Taking the Lead in Innovation and Joining Hands with the Nation”, featuring businesses from various economic sectors.

The discussion session helped identify practical barriers and feasible solutions, while highlighting the efforts of Vietnamese entrepreneurs and businesses to take the lead in investment, master technologies, pursue green transformation, participate more deeply in supply chains and expand into international markets.

A consistent requirement is to shift from reform on paper to reforms that deliver tangible improvements in practice: regulations that are easier to implement, shorter processing times, lower compliance costs, faster project implementation and expanded investment opportunities. At the same time, leading businesses are expected to generate spillover effects by expanding supplier networks, supporting small and medium-sized enterprises (SMEs), and strengthening linkages between domestic businesses and foreign-invested enterprises (FDI).

In his concluding remarks at the Forum, Mr. Hoang Quang Phong, VCCI Vice President, stated that, as the organization representing the business community, VCCI recognizes that policy dialogue must go beyond collecting opinions and be grounded in data and evidence, with issues properly categorized and their resolution closely monitored.

Based on the outcomes of the Forum, VCCI will coordinate with business associations to consolidate recommendations by issue and relevant authority; continue participating in policy formulation and consultation; and promote support for businesses in strengthening their management capacity, innovation, business linkages and international integration.