Viet Nam has missed some economic development opportunities and should not ignore the chance to grow the night-time economy, according to economist Tran Dinh Thien.
Vietnamese firms should see the trade war between US and China as an opportunity to become more competitive and eye long-term growth rather than just to make small profits in the short term, experts told a seminar in HCM City...
Enterprise in the new economic era of transforming from traditional to digital economy must choose sustainable development of significant breakthrough to reach outstanding level of business scale and effectiveness, a seminar heard in HCM City yesterday.
Việt Nam must continue to maintain stability, accelerate restructuring
and improve the competitiveness of the economy in the face of ongoing
global headwinds, members of a think-tank report.
Vietnamese workers have substantially improved their productivity levels in the last 15 years, according to ICAEW''s latest ‘Economic Insight: South East Asia'' event launched in Ha Noi last Friday.
Viet Nam has challenges to tackle if it wants to achieve economic targets and deeply integrate into the world''s economy in the context of new trade agreements.
Despite 30 years of renewal, positive changes in its economy, and at one
time bearing the tag of "Asia''s Next Dragon", Viet Nam''s position in
global rankings has not improved to any great extent.
Viet Nam expects to grow at 6.5-7 per cent for the next five years,
according to a Government report tabled recently at the National
Assembly on socio-economic development in 2015 and 2011-15 as well as
the targets for the next five years.
The 2015 Spring Economic Forum will focus on continuing to push for
improvements in Viet Nam''s business environment, as the country prepares
for international integration.
The restructuring of State-owned enterprises (SOEs) has progressed
slowly since it began in 2011, leaving significant tasks to complete by
the end of 2015.
Becoming a middle-income
country has brought enormous challenges for Viet Nam, including the
danger of getting caught in the so-called middle-income trap.