Sunday, 18/3/2018
  • APEC Vietnam 2017: Strong Dynamics of Growth, Free Trade and Regional Linkage

    The Summit Week within the Asia-Pacific Economic Cooperation (APEC) Framework with the topic "Creating new dynamism, Fostering a shared future" took place from 6-11 November 2017 in Da Nang city. This was the last and most important activity of the APEC Year 2017 before Vietnam transferred the role of APEC host country to Papua New Guinea. The success of APEC 2017 again (1) marked Vietnam imprint in APEC constant development, promoting the trend of peace, stability, cooperation and development of the region and the world, and meeting the aspiration and interests of all member economies.

  • Enhancing the competitiveness of Vietnamese private enterprises in the process of joining the global value chain

    The prosperity of Vietnam's economy in the future depends largely on the ability to further strengthen linkages with the global value chain and maximize the effectiveness of foreign investment. In that process, supporting small and medium sized enterprises to participate in the global value chain is an important endeavor.

  • Vietnam continues to promote its active role and important contributions for an ASEAN economy of integration, cohesion, high growth and sustainable development

    In the overall picture of ASEAN in the past half a century, ASEAN economic cooperation has been the most vibrant and vivid color with concrete and practical results. From an institution that prioritized political objectives and not yet discussed economic cooperation, (1) ASEAN has now become a strong economic link with high level of liberalization in the areas of trade in goods, services and investment, a major economy, and an important trading center on the global economic map. It is the sixth largest economy in the world and the third in Asia, with gross domestic product standing at US$2.550 billion in 2016. With the current growth momentum, ASEAN is expected to become the fourth largest economy in the world by 2050.

  • Developing a socialist-oriented market economy is the Party correct economic lines

    The Resolution of the 4th Plenum of the Party Central Committee, 12th Tenure on "Strengthening Party building and rectification; prevent, and repel degradation of political ideology, ethics, lifestyle, manifestations of internal "self-evolution" and "self-transformation" identifies one of the internal "self-evolution" and "self-transformation" manifestations is “nulifying the socialist-oriented market economy"(1), which denies Vietnam's achievements in economic development, and maintains that economic development lines of the Communist Party of Vietnam are wrong.

  • Implementing solutions to develop transport in Vietnam

    Transportation always holds a particularly important position in the economy, directly creating values and added value in the process of realizing its functions, as President Ho Chi Minh put it: "Transport is the blood vessels of organization. With good transport, all is easy. With bad transport everything is stagnant." The development of the transport sector contributes to boosting the operation, consolidating the economy, enhancing national defense and security and creating economic exchanges between Vietnam and other countries in the world. In the context of deepening international economic integration, along with the explosion of the 4th Industrial Revolution, the implementation of the socialist-oriented market economy of the country, the role of the transport becomes more important.

  • Continuing to perfect mechanisms and policies to promote science and technology market development in Vietnam

    Amid the trend of globalization, trade liberalization and the fourth industrial revolution’s strongly impacts on all aspects of socio-economic life, the role of science, technology and innovation has increasingly been crucial to promote labor productivity, quality growth and competitiveness of the economy. The development of science and technology market is considered as a crucial solution to boost innovation and technology transfer of businesses, contributing to improving technology readiness, access to new technology and technology absorption capacity of enterprises (inputs to the economy’s efficiency).

  • Accumulation and concentration of land to improve competitiveness towards a modern agriculture

    Vietnam's agriculture has made great strides, ensuring food security, and contributing to socio-economic stability. However, to turn it into a modern agriculture, much remains to be done, firstly, development thinking must be in line with rules of market economy, organization of production and application of science and technology to overcome the state of small, fragmented land areas and spontaneity by accumulating and concentrating land, closely linking farmer households with businesses, improving internal capacity, adaptability and response to market fluctuations.

  • Developing a socialist-oriented market economy is to abide by objective law in the cause of socialist construction in Vietnam

    In the process of national contruction and development, especially amid uncertainties in the current world situation, there is skepticism about the path to socialism in Vietnam. It is necessary to reaffirm the correctness of this choice as well as map out goals and solutions in the coming time to develop a socialist-oriented market economy in Vietnam.

  • Outstanding results of Vietnam’s financial sector in 2016 and solutions for 2017 to contribute to macroeconomic stability

    The implementation of financial-state budget tasks in 2016 took place at an unfavorable context of world economy while domestic economic growth fell short of targets. However, given efforts to realize resolutions of the Party, the National Assembly, the close and timely direction of the Government, and endeavor of the entire political system from central to local levels, the financial-state budget sector successfully fulfilled its 2016 tasks. It is essential to take stock of achievements of the industry and put forward solutions to further stabilize the macroeconomy in 2017.

  • The fourth technological revolution: Opportunities and Challenges for Sustainable Growth of Vietnam

    The concept of fourth industrial revolution (FIR) was first mentioned in the "Action Plan for High-tech Strategy" adopted by the German Government in 2012. Until now, the fourth industrial revolution has a tremendous impact on the economy, society and the environment at all levels - global, regional and country. For Vietnam, there should be policies on economic-social adjustment to address challenges and take advantage of opportunities offered by the fourth industrial revolution.

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