Transcript IFC 2001 Corporate Slideshow - Public

Public-Private Dialogue
Vietnam Business Forum
Pham Lien Anh
VBF Secretariat
PPD International Workshop
Vienna, April 28-30, 2009
VBF in Brief
 A joint initiative between
government, the private
sector, and the donor
community launched in 1998
 Essential part of the
government’s strategy to
promote FDI
 Direct link to CG process
 Seven sectoral working groups
 150 reforms effected
 App. US$ 240m in savings for
the private sector
VBF Structure
Consultative Group
(CG)
Vietnam Business
Forum (VBF)
World Bank
International Finance
Corporation (IFC)
Ministry of Planning
& Investment (MPI)
VBF
Secretariat
Inter
-Ministerial
Team (IMT)
Manufacturing &
Distribution WG
Banking WG
Business
Associations
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Note:
Working relationship
Establishing
Supporting
Deputy
Prime Minister
MPI
Ministry of Industry & Trade
Ministry of Finance (MOF)
State Bank of Vietnam
(SBV)
Capital Markets
WG
Ministry of Finance (MOF) &
State Securities Commission (SSC)
Infrastructure
WG
Ministry of Transport
Ministry of Industry & Trade
Ministry of Information & Comms.
Education
WG
Ministry of Education &Training
(MOET)
Mining
WG
Ministry of Natural Resources &
Environment (MONRE)
Tourism
WG
Ministry of Culture, Sports
& Tourism (MCST)/ VNAT
VBF & FDI Promotion

Strong partnership with foreign business associations and
Foreign Investment Agency (FIA)

Access to the relevant government agencies through FIA to
address FDI-related issues

Roundtables with central and provincial governments

Inter-Ministerial team to resolve FDI-related issues,
including:
- Respond to investors’ feedback and sentiments
- Remove obstacles to business and promote FDI projects
- Dual pricing of goods and services (electricity, water, air tickets, etc)
- Cumbersome procedures in investment licensing and import export
- Cap on foreign investment
VBF & FDI Promotion

Providing consultation on laws and regulations
that impact FDI
-

Common Investment Law
Unified Enterprise Law
Decrees/circulars on implementing WTO commitments in conditional sectors
Tax laws and regulations
Helping the government in the transition to a market
economy and international integration
-
WTO commitments’ negotiations and implementation
Tourism marketing and promotion
Legal framework for PPP in infrastructure
Master plan for seaports
Corporate governance
Consumer finance
Main Results
•
•
•
•
•
•

Unified legal framework for domestic and foreign
investments and business
Helped phase-out dual pricing of goods and services
between foreign and domestic enterprises
Streamlined investment licensing and approval process
Improved protections on patents and industrial design
Helped formulate vital business laws, including the
Investment and Enterprise laws, the Securities Law, and the
amended Labor Code
Supported Vietnam’s WTO accession/implementation
Enabled private sector savings: app. USD240 Mill. (over five
years, selected reforms)
Lessons learned
 Vital to have a strong link to government-donor dialogue
 Be structured in communication of PPD agendas and outcomes
 Build trust with government by serving as adviser
 Use media to create public awareness and progress reforms
 Monitor progress by Annual Business Sentiment Survey
 Create strong links between PPD and other AS – Potential entry
points and consultation tool for BEE projects
Major Challenges
 Maintaining participation and commitment from
stakeholders
 Adverse attitude of some government agencies
 Limited capacity of government
 Balancing different interests and achieving consensus
within WGs
 Lack of champions in some working/sub-working groups
 Mobilizing participation/contribution from domestic
businesses
 Building sustainability
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