Vietnam Launches CEO Development Program to Foster Global Competitiveness

Vietnam has launched a groundbreaking program to cultivate a new generation of business leaders equipped with the vision, integrity, and capability for sustainable growth. This initiative, highlighted in the VPSF 2025 summary report, aims to address critical issues in institutions, innovation, international integration, and corporate governance. The program intends to train 10,000 CEOs, positioning them as key drivers for Vietnam's continued economic development and enhanced global competitiveness. This is seen as an indispensable element for the nation's further advancement. Vietnam has experienced remarkable economic growth in recent years, solidifying its position as a manufacturing and logistics hub. The establishment of facilities like the DHL North Logistics Campus and its recognition as one of Asia's fastest-growing regions underscore this progress. However, to further integrate into global value chains and boost competitiveness, advanced human resource development is crucial. With a domestic market of 100 million people and rising incomes, demand for processed and health-oriented food products is increasing. This presents attractive opportunities for both domestic companies and foreign investors. Support from major bilateral donors like Germany also bolsters Vietnam's development. Infrastructure development supporting economic growth is also progressing, with enhancements to the logistics network, particularly the Hanoi-Hai Phong Expressway and Hai Phong Port in the north, contributing to more efficient international trade. Furthermore, legal frameworks are being established in line with international standards, aiming to attract foreign investment and foster the healthy development of domestic industries. Vietnam is seeking to capitalize on its geopolitical advantages, extensive Free Trade Agreement (FTA) network, and improving investment climate to attract new investments, expand manufacturing, and boost exports. Notably, the country ranks fifth globally, second in Asia, and first in Southeast Asia in wood and wood product exports, aiming for higher added value and sustainable development. Copyright, VietnamPlus, Vietnam News Agency (VNA)