The mid-term Vietnam Business Forum 2015 will focus on solutions andmeasures to grow private enterprises and make them be more competitiveand be big enough to join the global supply chain.

Vu Tien Loc, Chairman of the Vietnam Chamber of Commerce and Industryand Virginia B. Foote, Chairwoman of the United States-Vietnam CommerceCouncil, told reporters at the press conference held in Hanoi on June8.

They mentioned a number of issues concerningthe agenda of the forum on improving the competitive capacity ofenterprises to integrate internationally.

Prime Minister Nguyen Tan Dung is expected to attend the event, which will open on June 9.

According to Loc, the present problem of Vietnamese economy is thecapability of the private economy, which has failed to grow over thepast years.

Although the private economy’s roleand contribution to the economy is growing and reached 49 percent lastyear but 33 percent comes from the household economy, Loc said,emphasising the need to be addressed.

On herpart, Virginia Foote said that the forum would provide an opportunityfor enterprises to voice their difficulties and obstacles in the presentbusiness environment in Vietnam.

Enterprisescould submit recommendations and suggestions to improve the relationshipbetween the Government, State agencies and enterprises or amongenterprises in order to raise competitiveness for not only the businesscommunity but also the whole economy, Foote said.-VNA