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Vietnam posts remarkable economic achievements in 2016-20 period

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25/01/2021

18:47
GMT+7
Vietnam s economy has gained many important and comprehensive achievements in the 2016-20 period, helping highlight the country’s success in 35 years of Doi moi (Renewal) process.
From a country with a trade deficit, Viet Nam has successfully balanced imports and exports, even gaining a trade surplus. Photo bnews.vn
Assessing the Vietnamese economic achievements, many international organisations have recently noted Viet Nam as a legendary story , a rising star , or the brightest economy” in Asia.
The country is considered the world s success story as its economic growth has been among the world s strongest over the past decade. ....

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Concerns for reform

Concerns for reform
06/01/2021

07:00
GMT+7
A strategic advisory body on reform and development is essential in the transitional economy in Vietnam.
Minister of Planning and Investment Nguyen Chi Dung
Straight words
Minister of Planning and Investment Nguyen Chi Dung once summoned all officials of the ministry to make a 4-hour presentation on many development issues in the country. It was an unprecedented meeting and the minister wanted to pass on his concerns to the younger officials.
He said that the national economy has increased more than 40 times compared to 1990. The material and spiritual life of the people has markedly improved. Everyone should be proud of such achievements. However, Vietnam still belongs to the group of countries with low middle income, far behind the world average. In 2019, Vietnam ranked 136th out of 188 countries, about 40 years behind Korea, 14 ....

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USAID and the MPI in tandem to push SME development

USAID and the MPI in tandem to push SME development
08:00 | 31/12/2020
The Ministry of Planning and Investment has been carrying out its task as the foremost economic advisor and key policymaker of Vietnam with potent support from the US Agency for International Development (USAID). In a talk with VIRâs Nguyen Huong, USAID/Vietnam mission director Ann Marie Yastishock highlighted that innovation, along with science and technology, will be the backbone of the economy and a major content of the two bodiesâ cooperation moving ahead.
USAID/Vietnam mission director Ann Marie Yastishock and MPI Minister Nguyen Chi Dung launching the Program on Supporting Enterprisesâ Digital Transformation for the 2021â2025 period ....

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