Economists chant private sector mantra as Party Congress deliberates
By Staff reporters January 27, 2021 | 03:00 pm GMT+7
Shoppers wear face masks at a market in Hanoi, March 2020. Photo by AFP/Linh Pham.
Greater allocation of resources for the private sector, focus on technology and IT and institutional improvements are what Vietnam needs now, experts say.
The past five years had been a transitional period between two economic cycles, so the economy will most certainly see changes after this Party Congress, said Dr. Nguyen Khac Quoc Bao, Director of the Institute of Financial Technology under the University of Economics Ho Chi Minh City.