Announcing the Business Competitiveness Index on Trade

Nearly 200 enterprises have applied the management process to develop competitive indexes on leading brands and quality management.

On October 31, in Ho Chi Minh City, the Institute for Economic Research and the Global GTA Forum announced the 2015 Enterprise Competitiveness Index.

According to the 2015 competitiveness report, from 306 participating enterprise profiles, the Organizing Committee conducted a survey and evaluation, and the results showed that 150 enterprises had applied the management process to develop the competitiveness index on Top Brands 2015; 21 enterprises had applied the management process to develop the competitiveness index on quality management - QMix 100 - 2015 and the enterprises committed to monitoring the management process to re-issue the certificate annually.

Representatives of some businesses at the announcement ceremony of the competitiveness index.

Among them, there are a number of brands and businesses that have received the trust of consumers such as Thieu Nien Tien Phong Plastic Joint Stock Company, Toan My Production and Trading Company, Lam Son Sugarcane Company, Phu Nhuan Jewelry Company, Minh Phu Seafood Corporation Joint Stock Company...

Mr. Le Phuoc Kiem, Director of the Institute of Economic Research, said that the criteria for assessing trade competitiveness include that enterprises must ensure factors that satisfy customer needs through the development of quality management processes; enterprises must have effective improvement tools to build and maintain a quality system according to international standards; and at the same time, ensure comprehensive management capacity in the process of cooperation, association, and trade alliance.

The Trade Competitiveness Index Report was launched in 2015, when the Institute of Economic Research was selected by the Global GTA Forum as a strategic partner to survey, evaluate and recognize the competitiveness of Vietnamese enterprises.

The objective of this survey and report is to support businesses with management solutions, improve operational efficiency, and help domestic businesses increase competitiveness and develop sustainably at national, regional and international levels.

It is expected that in 2016, the program will support businesses with three core issues: environment, society and economy to improve competitiveness and prepare Vietnamese businesses well for TPP integration./.

According to VOV