The Hanoi Union of Associations of Industry and Commerce (HUAIC) today is a product of the Doi Moi era, when government policy in Vietnam shifted toward open market reforms. It functions as a facilitating institution for businesses in the market economy, representing and protecting their legal rights and offering information exchange among members and government partners. HUAIC promotes trade investment and cooperation among businesses, facilitates business ventures with foreign investors, and provides services such as brand building and competitiveness training.