Vietnam 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 Hanoi on October 22.
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.
Vietnam attracted more than US$20 billion in foreign direct investment (FDI) in the first half of 2018.
The Ministry of Planning and Investment recently proposed the Prime Minister abolish nearly 2,000 business requirements and conditions, a move to help improve the business climate and the economy’s competitiveness.
The Central Institute for Economic Management (CIEM) organised a seminar in Hanoi on August 10 to discuss the world’s automobile industrial complexes and lessons for Vietnam.
A critical solution to promote businesses’ competitiveness is to improve labour productivity which is still a weakness of Vietnamese enterprises, an official of the Ministry of Finance said at a workshop on June 24.
Recent statistics from the Ministry of Labour, Invalids and Social Affairs highlight that the nation has issues to tackle in its development of human resources.
Information related to socio-economy, household income, land and migration collected through rural household surveys conducted in 12 provinces in 2006, 2008, 2010, 2012 and 2014, was detailed in a report released at a workshop in Hanoi on August 26.
Policy-relevant information on the economy and society in Vietnam’s rural areas and assessments of Vietnamese rural households were detailed in the report “Growth, Structural Transformation and Rural Change in Vietnam: A Rising Dragon on the Move”, released at a workshop in Hanoi on August 5.