Increasing productivity - leverage for sustainable development

While almost all factors to growth, such as cheap labour and natural resources, have been limited until now, VDF 2017 will offer specific solutions to spur productivity, creating long-term solutions for Vietnam to overcome the middle-income trap and catch up to developing economies.

VDF 2017 will take place on December 13, 2017 at Sheraton Hotel Hanoi. The forum will be co-chaired by the Minister of Planning and Investment and country director of World Bank in Vietnam with the participation of Prime Minister Nguyen Xuan Phuc, Deputy Prime Ministers Vuong Dinh Hue and Pham Binh Minh, and over 350 representatives from ministries, leaders of cities and provinces, embassies, foreign and domestic organisations, and the business community.

The first session aims to discuss overall issues related to productivity and share international experiences on increasing productivity. The second one will discuss how to put productivity in service of Vietnam’s sustainable development, such as raising the country’s position in the value chain, shifting agricultural structure, enhancing productivity, improving business climate, and building an incentive policy to remove challenges.

The forum was first introduced as Consultative Group (CG) Meeting in 2008 then was renamed Vietnam Development Partnership Forum (VDPF) in 2013, and Vietnam Development Forum (VDF) in 2016.

VDF 2016, with the theme "Facilitating and Action Oriented Government - New Driving Force for Development," identified and reviewed Vietnam's economic prospects, impact factors, challenges, and provided solutions to deploy socioeconomic orientation. Others topics are multi-dimensional impact of international political background to Vietnam's economy, bilateral and multilateral trade agreements, and international experiences in processing relations between public debt and growth.

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