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CIEM

Business conditions numerous and cumbersome: CIEM

Business conditions numerous and cumbersome: CIEM

Major hurdles must be overcome to simplify and streamline regulations governing economic activities, according to the latest report by the Central Institute of Economic Management (CIEM).
Policies needed to ensure sharing economy development is on-track

Policies needed to ensure sharing economy development is on-track

Sharing economy was not only creating opportunities to increase income but also opening up a new and flexible market, thereby creating a growth engine and increasing productivity fof micro, small and medium – sized enterprises.
Businesses need to change for sustainable development

Businesses need to change for sustainable development

More than 85,000 enterprises suspended operations in the first eight months of this year, an increase of 24.2 per cent over the same period in 2020 due to the impact of the COVID-19 pandemic. Therefore, local enterprises need to have...
Long-term plan for post-pandemic economic recovery needed

Long-term plan for post-pandemic economic recovery needed

As the COVID-19 pandemic continues to develop in an unpredictable fashion despite vaccination campaigns being carried out around the world, experts have said that Việt Nam needs to identify and adopt a long-term plan for post-pandemic economic recovery.
Workshop held on sharing economic model

Workshop held on sharing economic model

The Central Institute for Economic Management (CIEM) organised a workshop to collect comments from relevant units on the report on impacts of some major types of sharing economy, before submitting it to the Government, in Ha Noi on Tuesday.
CIEM finds bottlenecks in easing after COVID-19 pandemic

CIEM finds bottlenecks in easing after COVID-19 pandemic

The Central Institute for Economic Management (CIEM) identified the slow reform of investment procedures as a bottleneck of the local economy amid the easing of measures after the COVID-19 pandemic.
Viet Nam needs to implement synchronous business environment reform

Viet Nam needs to implement synchronous business environment reform

Viet Nam has gained success in reforming business conditions over the past seven years. However, the nation has not reached its target at being one of the top four ASEAN business environments. Phan Duc Hieu, deputy head of the Central Institute of...
Deregulation vital to enhancing business climate

Deregulation vital to enhancing business climate

Viet Nam needs to focus on improving business conditions to ensure deregulation really benefitted businesses, heard a conference held by the Central Institute for Economic Management (CIEM) on Thursday in Ha Noi.
SoEs not ready for digitalisation

SoEs not ready for digitalisation

A representative from Petro Vietnam said one reason for slow digitalisation among SoEs was their risk-averse nature.
Private sector the main driving force for economic growth

Private sector the main driving force for economic growth

The private sector was the main driver of growth for Viet Nam in the first nine months this year, a conference held by the Central Institute for Economic Management (CIEM) heard on Wednesday in Ha Noi.
Automobile industry needs special policies to raise competition

Automobile industry needs special policies to raise competition

Viet Nam needs to issue special policies for the automobile industry to catch up with other countries in the ASEAN region, said experts at a conference held in Ha Noi on Tuesday.
Major or not, shareholders must get equal access to information

Major or not, shareholders must get equal access to information

Business transparency is among several key reasons why the Vietnamese equity market has not been upgraded to the status of emerging market from that of frontier market by international crediting agencies
Cashless payment remains low in Viet Nam

Cashless payment remains low in Viet Nam

The ratio of cashless payments in Viet Nam remains low at only 11.49 per cent of total means of payment.
Industry has important role to overcome middle income trap in VN

Industry has important role to overcome middle income trap in VN

The middle income trap is closely tied to economic growth, so if growth doesn’t stay high and for decades and there is not high income per capita, the nation will fall into the middle income trap
Industry 4.0 could boost Viet Nams GDP by up to 16 per cent

Industry 4.0 could boost Viet Nam’s GDP by up to 16 per cent

The Fourth Industrial Revolution could increase Viet Nam’s GDP by between US$28.5 billion and $62 billion by 2030, equivalent to a rise of 7-16 per cent.