A fundamental issue in Việt Nam which needs to be overcome to ensure healthy and sustainable growth is the underdevelopment of the institutional investor base.
Viet Nam must seek to adapt its economic growth model while drastically improving the government''s capacity to coordinate and implement economic policy reforms and public investments to realise its objective of reaching high-income status by 2045.
While Viet Nam''s economic recovery was gaining momentum, the government must pay more attention to "inflation and heightened risks of weaker global demand and supply disruptions to economic prospects", said a World Bank report on the South East Asian economy...
Viet Nam should focus on a productivity-driven development model to become a high-income economy by 2045, according to the latest report from the World Bank (WB).
New financial sources, especially from the private sector, will help Viet Nam further develop its energy industry, according to a new World Bank report on Viet Nam’s energy development.
Economic growth in Vietnam had proven resilient despite weakening external conditions, driven mainly by strong domestic demand and a dynamic export-oriented manufacturing sector.
Experts yesterday expressed doubts about Viet Nam''s ability to ease its
business environment to the average level of doing business in ASEAN-6
by the end of the year.
Viet Nam''s Consumer Price Index (CPI) is expected to go up to 8.2 per
cent by the year-end, the World Bank (WB) revealed yesterday in its
economic outlook report.