Seminar celebrates Vietnam Entrepreneurs’ Day

A national seminar highlighting Ho Chi Minh’s thoughts on businesses and entrepreneurs was held in Hanoi on October 9 by the Vietnam Chamber of Commerce and Industry (VCCI) to mark Vietnam Entrepreneurs’ Day (October 13).

Addressing the seminar, VCCI Chairman Dr. Vu Tien Loc underscored the importance of developing a strong group of highly competitive, patriotic and socially responsible entrepreneurs to play a key role in boosting national industrialisation, modernisation and international integration and to elevate Vietnam’s standing in the international arena. There should be changes in the quality and structure to enable Vietnamese businesses to operate on a par with those at regional and international standard. It is essential to enhance Party leadership and State management in revamping institutions and policies in order to create the best possible conditions for businesses and entrepreneurs to develop, Mr Loc emphasised.

Participants pointed out limitations, including the quantity and quality of entrepreneurs who are failing to meet the country’s development requirements. The majority of them are operating in most of small economic sectors and their knowledge of business laws and management practices is very limited.

Discussions were also focused on developing businesses based on Ho Chi Minh’s thoughts and views on industrial and trading circles, the role of business, and the development of economic sectors.