Addressing the OECD Asia Roundtable on Corporate Governance in 2022, organized by the State Securities Commission in cooperation with the OECD on October 20 and 21 in Hanoi, Deputy Minister of Finance Nguyen Duc Chi said, “Vietnam has made many advances in corporate governance, helping to increase capital raising via the stock market by nearly 30 per cent each year. However, stronger measures are still needed to improve corporate governance at Vietnamese enterprises.”
Prime Minister Pham Minh Chinh received OECD Secretary-General Mathias Cormann on October 18, when the latter attended the OECD Southeast Asia Program 2022 in Hanoi. Mr. Cormann spoke highly of Vietnam’s development and said it is one of only a few economies to recover strongly in 2022 and have a positive outlook for 2023. The OECD will continue to accompany Vietnam in economic recovery and reform towards green and sustainable development goals.
Within the framework of his official visit to France, on November 5 Prime Minister Pham Minh Chinh met with Mr. Mathias Cormann, Secretary-General of the Organization for Economic Co-operation and Development (OECD). The Prime Minister proposed that the OECD continue to support Vietnam in its process of socio-economic recovery and development following the pandemic.
At the Vietnam-Austria Business Forum held on September 6, National Assembly Chairman Vuong Dinh Hue affirmed that Vietnam is committed to creating the best business environment to meet the standards of the Organization for Economic Cooperation and Development (OECD) by removing obstacles in the economy in terms of legal institutions, infrastructure, and human resources.
In its competition assessment of Vietnam’s logistics sector, released on August 31, the Organization for Economic Co-operation and Development (OECD) emphasized the importance of removing legal barriers in the sector’s development post-pandemic. Logistics costs in the country are higher than elsewhere in the region, making Vietnamese goods less competitive.