About the author  ⁄ AmCham Vietnam

AmCham is an independent association of companies with the objective of promoting trade and investment between Vietnam and the U.S. With two chapters, one in Ho Chi Minh City and one in Hanoi, our membership of 700 companies and 1,500 representatives is unified by a commitment to promote trade and investment between Vietnam and the United States.

Prime Minister Nguyen Xuan Phuc has called on APEC member economies to accelerate efforts to enable small- and medium-sized enterprises to capitalise on new trade opportunities created by digital advances.

Speaking at the opening of the 24th APEC Small and Medium Enterprises Ministerial Meeting in HCM City on Friday, he said SMEs, the engines of growth and innovation in APEC economies, account for over 97 per cent of all companies and employ 60 per cent of the workforce.

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Improving competitiveness and innovative capacity are some of the key points small and medium enterprises must focus on, said Prime Minister Nguyen Xuan Phuc at the 24th APEC SMEs Ministerial Meeting held today in Ho Chi Minh City.

Hosted by the Ministry of Planning and Investment, the 24th APEC SMEs Ministerial Meeting was attended by representatives of 21 APEC economies and is one of the most important meetings of APEC.

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The World Health Organization (WHO) estimates that as many as 600 million people in the world fall ill every year after eating contaminated food and 420,000 of these people die. U.S. Center for Disease Control (CDC) estimates for those numbers in the U.S. are 48 million people (1 in 6 Americans) get sick, 128,000 are hospitalized, and 3,000 die each year from foodborne diseases, This is a significant public health burden that is largely preventable.

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Nguyen Dinh Cung, head of Central Institute for Economic Management, scrutinises recent efforts from authorised management agencies to improve the local business environment through simplifying procedures.

At the government meeting last month, the prime minister asked authorised management agencies to review and abolish irrational business conditions that hinder firms’ business and production activities. Has there been any progress so far?

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