Vietnam Business Summit (VBS) 2019 - What Are The Obstacles Facing The Vietnam Economy In The Future?


By siteadmin | Oct 29, 2019


On the morning of October 16th, 2019 in Hanoi, the Vietnam Business Summit 2019 (VBS 2019) took place, taking the theme of "Vietnam - A Trusted Business Partner in the Digital Age.”

The forum was honored to welcome about 600 delegates, including 200 senior leaders (CEOs) of businesses and international corporations, to the ABS 10 Conference and Japanese business delegation to visit and work in Vietnam. Especially, Mr. Vu Tien Loc - Chairman of Vietnam Chamber of Commerce and Industry (VCCI) is also one of the most significant guesses of Vietnam Business Summit.

(Mr. Vu Tien Loc - Chairman of Vietnam Chamber of Commerce and Industry)

Focusing on the theme of "Vietnam - A Trusted Business Partner in the Digital Age,” Vietnam Business Summit 2019 (VBS 2019) took place with discussions on issues such as: scientific and technological innovation; the movement of human resources in a digital age and opportunities for Vietnam. Thereby, the speakers discussed the trend of digitalization across the globe; the impact of technology on emerging markets in Vietnam; new opportunities and business models are being formed.

In 2019, Vietnamese economy was rated by the World Economic Forum (WEF) as the one with the best score in improvement and global ranking. Vietnam currently ranks 3rd in the ASEAN region in terms of the size of the digital economy. Technology 4.0 has also been applied in industries, agriculture and services. Furthermore, there are more and more new forms of businesses and services across the nation which based on digital technology and the Internet. These new business models are creating many job opportunities, income, utilities, and improving the welfare of Vietnamese.