The book, published in Vietnamese and English, provides a basic knowledge of international practices in the field of business administration and analyses related legal documents.

At the book’s debut ceremony in Hanoi on June 25, VEUBF Chairman Alain Cany said in the context of the unstable global economy, it is essential for Vietnam to apply the highest international standards regarding business administration.

He expressed his hope that the book will help the private economic sector realise the importance of business administration. Better business administration will in turn help the businesses, enhance their capacity to foresee difficulties and contribute to developing the economy in a sustainable manner, he said.

The book will be introduced to Ho Chi Minh City’s business circle on July 8.

A total of 3,000 copies will be distributed to domestic companies.

The VEUBF, set up by the European Chamber of Commerce (EuroCham) and the Vietnam Chamber of Commerce and Industry (VCCI) in 2006, serves as a high-level dialogue channel about issues relating to commercial and investment relations between Vietnam and 27 European Union member countries.