The two-day 2012 Spring Economic Forum is examining ways of successfullycompleting this year’s socio-economic development plans as well asrestructuring State businesses and public investment.
TheNational Assembly’s (NA) Vice Chairwoman, Nguyen Thi Kim Ngan, chairedthe forum, which was jointly held by the NA’s Economic Committee, theVietnam Academy of Social Sciences and the Vietnam Chamber of Commerceand Industry.
At the forum, which opened on April 8, AssociateProfessor, Dr. Tran Dinh Thien, Director of Vietnam’s Institute ofEconomics highlighted the country’s economic difficulties during 2012.
In his opinion, restructuring should be regarded as the keyapproach to curbing inflation, which will help to stabilise the macroeconomy and revive businesses in a number of sectors, as well aspreparing them for a new period of growth.
He listed threesectors to be priotised for restructuring, specifically publicinvestment, the commercial banking system and state-owned enterprises.
According to Dr. Thien, it is also necessary to review thepayments system in the State sector, as he sees it as the best way ofimproving the State apparatus’s effectiveness and gaining the publicstrust.-VNA