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Workshop reviews Vietnam’s growth model reform

Workshop reviews Vietnam’s growth model reform

Vietnam’s economic restructuring and growth model reform in 2016-2020 have been benefiting from positive changes in policies and achievements in the 2011-2015 period, according to economist Nguyen Dinh Cung.

More needs to be done to improve business environment

More needs to be done to improve business environment

The Prime Minister's working group said on August 22 that ministries had drastically cut business conditions and administrative procedures in order to facilitate businesses’ activities, but more still needs to be done.

Weaknesses hinder SOE restructuring process

Weaknesses hinder SOE restructuring process

VOV.VN - The restructuring of State-owned enterprises remains sluggish and may fail to fulfill many key targets set for the end of 2020 due to shortcomings in both institutions and laws, reported by the Central Institute for Economic Management (CIEM).

Industry 4.0 could boost Vietnam’s GDP by up to 16 percent

Industry 4.0 could boost Vietnam’s GDP by up to 16 percent

The Fourth Industrial Revolution could increase Vietnam’s GDP by between 28.5 billion USD and 62 billion USD by 2030, equivalent to a rise of 7-16 percent, according to the Central Institute for Economic Management (CIEM).

Stock market needs product impetus

Stock market needs product impetus

There are many securities products that are widely used in other countries but have not yet appeared on the Vietnamese stock market, said Phan Duc Hieu, deputy director of the Central Institute for Economic Management (CIEM).

Vietnam urged to improve economic resilience

Vietnam urged to improve economic resilience

Vietnam must focus on consolidating macro-economic foundations and reforming institutions to increase resilience in the context of global uncertainties, according to the Central Institute for Economic Management (CIEM).

Proposed soft drink tax remains controversial

Proposed soft drink tax remains controversial

While the taxation agency insists on imposing a luxury tax on soft drinks, some experts warn that the move could lead to Vietnam being accused of discriminatory treatment.

Digital trade and opportunities for Vietnam discussed

Digital trade and opportunities for Vietnam discussed

Vietnam has been earning significant revenue from digital trade, which could be higher in the future, Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung said at a workshop in Hanoi on March 26.

Ambiguous business conditions must be removed: expert

Ambiguous business conditions must be removed: expert

Director of the Central Institute for Economic Management (CIEM) Nguyen Dinh Cung suggested ministries and ministerial-level agencies simplify business conditions and remove ones which are unclear, too vague, and unfeasible before the third quarter of 2019.

Business climate needs more work

Business climate needs more work

The Vietnamese Government should focus on promoting electronic payments and online public services together with developing the start-up ecosystem in 2019, attendees heard at a conference by the Central Institute for Economic Management (CIEM) in Hanoi on January 22.

Prospects look good for VN’s economy in 2019

Prospects look good for VN’s economy in 2019

Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable.

Businesses advised to take better advantage of FTA benefits

Businesses advised to take better advantage of FTA benefits

Vietnam’s joining of free trade agreements (FTAs) is quite suitable in the context of trade globalization. However, to promote the efficiency of boosting exports, a concerted policy system is needed to help businesses successfully take advantage of benefits brought by the FTAs, according to insiders.