(VOVworld) - Prime Minister Nguyen Tan Dung said the government and the business community must work together to promote strength in order to enhance competitiveness for successful regional integration.

PM Nguyen Tan Dung (front, third, left) meets the businesspersons on December 13 (Photo: VNA)

At a meeting with businesses who participated in the Forum "Vietnam Business Towards ASEAN Economic Community" held in Hanoi on Sunday, Prime Minister Dung hailed the business community’s contributions to Vietnam’s socio-economic achievements and international economic integration. He said in addition to 10 free trade agreements signed earlier, Vietnam will sign the Trans-Pacific Partnership agreement, as well as a free trade deal with the European Union. He added that these deals will attract huge foreign investment to Vietnam, boost exports and economic growth, and help Vietnamese businesses develop their administrative capacity and competitiveness. He said: "There was no way but integration to help Vietnam achieve rapid and sustainable growth. In integration, the business community must be a pioneer through the enhancement of effective management and technological innovation to reduce costs. The government meanwhile can help only through opening more markets and improving institutional and administrative reforms to facilitate business."