There is still significant room for stronger reforms to create a more favourable business environment and make Vietnam among countries with the best business environment in ASEAN, according to the Vietnam Chamber of Commerce and Industry (VCCI).

Efficient and effective law making and enforcement is the first and foremost prerequisite to promoting national development, Prime Minister Nguyen Xuan Phuc told a national teleconference on December 23.

VOV.VN - Despite brand building being an important factor for Vietnamese products to compete with foreign ones, local firms and management agencies have failed to pay close attention to the development of brands amid the rapid and intensive international integration process.