Local firms seek development opportunities at Asia Economic Cooperation Forum

The forum, jointly organised by the Vietnam-ASEAN Institute for Entrepreneur Development and several Vietnamese organisations and associations in Malaysia, drew representatives from around 50 businesses.

In her opening remarks, Luong Thi Kim Xuan, president of the Vietnam-ASEAN Institute for Entrepreneur Development, said she hopes the forum will provide foreign businesses with deeper insights into the Vietnamese market, allowing them to find creative paths and mutually beneficial collaboration with Vietnamese enterprises for joint development, thus helping establish their positions and create reputable brands for each product.

During the forum, six speakers from the National Chamber of Commerce and Industry of Malaysia (NCCIM), the ASEAN Chamber of Commerce and Industry in Malaysia, the Indian Chamber of Commerce in Singapore, and directors of major companies in Malaysia and Singapore emphasised that building a connected network and gaining a thorough understanding of the market through chambers of commerce and industry are crucial factors for overcoming differences and finding common pathways to achieve business success in today’s green economic development context.

Regarding potential areas of cooperation between Vietnam and Malaysia, the speakers agreed on five key sectors: digital transformation; economics, trade and investment; cultural and tourism connections; smart city development, and the Halal industry.

On this occasion, the organisers also announced the 2024 Asia Gold Brand and exemplary entrepreneurs from Vietnam, Malaysia, and Singapore.

Businesses from Vietnam, Malaysia, and Singapore also showcased their products, exchanged and shared entrepreneurial thinking in the new technology era, strategies for becoming global companies, and solutions to enhance competitiveness.