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Corporate culture crucial to growth of businesses: Deputy PM

Developing corporate culture is a core issue and crucial to the growth of businesses, Deputy Prime Minister Truong Hoa Binh told a forum on economic reconstruction in the “new normal” situation from the perspective of corporate culture which took place in Hanoi on November 8.
Corporate culture crucial to growth of businesses: Deputy PM ảnh 1Deputy Prime Minister Truong Hoa Binh attends a forum on economic reconstruction in the “new normal” situation from the perspective of corporate culture held in Hanoi on November 8. (Photo: VNA)

Hanoi (VNA) – Developing corporate culture isa core issue and crucial to the growth of businesses, Deputy Prime Minister Truong Hoa Binh told a forum on economic reconstructionin the “new normal” situation from the perspective of corporate culture which tookplace in Hanoi on November 8.

The forum was held by the organising committee of thecampaign on building corporate culture in Vietnam (Organising Committee 248) tohonour outstanding enterprises in building corporate culture in Vietnam andto mark Vietnam Corporate Culture Day (November 10).

In his remarks, Binh spoke highly of the event as it was organised at a time when the government and the entire business community aremaking all-out efforts to fulfill the dual goals of fighting COVID-19 andboosting economic recovery.

Over the last two decades, Vietnamese enterprises havecontributed to mobilising resources for the country’s socio-economicdevelopment, maintaining its economic growth and stability, boosting exports andincreasing State budget revenues.

To become prosperous, Vietnam must have a strong andsustainably developed business community, he said, adding that enterprises arethe economic driver which contribute the most to the size and the growth rateof the national economy.

The COVID-19 is posing unprecedented impacts on all ofthe country’s social and economic aspects. From the perspective of corporateculture, the pandemic has affected consumer culture and businesses’ ethics,behaviour and social responsibility among others, Binh said.

To mitigate the pandemic’s impacts, the government has adopted various solutions and policies tosupport affected firms and individuals while many enterprises and organisationshave backed the government’s efforts to revivethe economy in the “new normal” situation. But there were no specific solutionsrelated to corporate culture, Binh said.

He went on to say that proposals and recommendationspresented at the forum will be submitted to the Prime Minister so they can betranslated into reality in the near future./.
VNA

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