Dr. Can Van Luc shares with Hue business community

The program had the participation of Dr. Can Van Luc - Chief Economist of Vietnam Joint Stock Commercial Bank for Investment and Development (BIDV) and Director of BIDV Training and Research Institute; member of the National Financial and Monetary Policy Advisory Council and member of the National Committee for Pacific Economic Cooperation.

In 2025, Vietnam's economy is forecast to continue to recover and grow in the context of many fluctuations in the world economy. However, challenges such as: Global economic downturn, inflation risks, climate change and competition from countries in the region... pose many challenges for Vietnam in general and enterprises in particular.

Proactively grasping trends, innovating and enhancing competitiveness will help businesses stand firm and develop sustainably in the global business environment. At the program, Dr. Can Van Luc provided businesses with an overview of the world economy and Vietnam, thereby helping businesses orient and find appropriate strategies in the new context.

Business representatives shared with Dr. Can Van Luc the concerns of the unit.

Dr. Can Van Luc emphasized that enterprises must put themselves in a “new mindset, new opportunities”. To do that, enterprises need to make good use of support policies on taxes, fees, interest rates, new mechanisms… to reduce costs, streamline processes and apparatus, in order to improve production and business efficiency.

At the same time, enterprises must grasp the current dual transformation trend: Greening and digitalization, thereby building strategies and consistency in digital transformation, green transformation, ESG (standards to measure factors related to sustainable development and the impact of enterprises on the community); diversifying markets, partners, product and service supply chains, feasible capital sources for green transformation, circular business, participating in the carbon credit market.

In addition, enterprises need to improve their competitiveness in human resources, technology, and management, including risk management, especially financial risks, exchange rates, origin of goods, greening requirements, and trade defense; take advantage of opportunities from new-generation FTAs ​​and from upgrading Vietnam's relations with the US, Japan, Australia, Malaysia, and Singapore.

At the program, participating businesses also had questions about greening and digitalizing solutions for businesses, taking advantage of opportunities to accelerate in 2025 and the following years.

Hoang Anh