Vietnam joins global entrepreneurship summit

Deputy Prime Minister Hoang Trung Hai attended the fourth Global Entrepreneurship Summit (GES 2013) in Malaysia on October 11–12.Established by US President Barack Obama in 2009, the annual forum aims to facilitate meetings between world leaders and entrepreneurs.This year’s summit attracted about 4,000 delegates representing more than 100 countries and territories and led by luminaries including Malaysian Prime Minister Haji Abdul Razak, Cambodian Deputy PM Keat Chhon, Lao Deputy PM Somsavath Lengsavath, Myanmar Vice President Nyan Tun, and US Secretary of State John Kerry.Discussions revolved around capacity building, practical realities, incentive policies, and business links.In his speech at the opening ceremony on October 11, Vietnamese Deputy PM Hai stressed the importance of flexibility and dynamism in international business environments, especially in regards to small and medium-sized enterprises (SMEs).Hai noted the global financial crisis’ lasting impact on business climates worldwide, and called for institutions such as United Nations organisations, the G20, International Monetary Fund, World Bank, and World Trade Organisation, to expand their trade liberalisation campaigns and financial oversight systems.He answered other delegates’ inquiries about the Vietnamese Government’s policies on macroeconomic stability, international economic integration, business regulations, and enterprise assistance.VOV