Spring economic forum focuses on restructuring
The two-day 2012 Spring Economic Forum is examining ways of successfully
completing this year’s socio-economic development plans as well as
restructuring State businesses and public investment.
The two-day 2012 Spring Economic Forum is examining ways of successfully
completing this year’s socio-economic development plans as well as
restructuring State businesses and public investment.
The National Assembly’s (NA) Vice Chairwoman, Nguyen Thi Kim Ngan, chaired the forum, which was jointly held by the NA’s Economic Committee, the Vietnam Academy of Social Sciences and the Vietnam Chamber of Commerce and Industry.
At the forum, which opened on April 8, Associate Professor, Dr. Tran Dinh Thien, Director of Vietnam’s Institute of Economics highlighted the country’s economic difficulties during 2012.
In his opinion, restructuring should be regarded as the key approach to curbing inflation, which will help to stabilise the macro economy and revive businesses in a number of sectors, as well as preparing them for a new period of growth.
He listed three sectors to be priotised for restructuring, specifically public investment, the commercial banking system and state-owned enterprises.
According to Dr. Thien, it is also necessary to review the payments system in the State sector, as he sees it as the best way of improving the State apparatus’s effectiveness and gaining the publics trust.-VNA
The National Assembly’s (NA) Vice Chairwoman, Nguyen Thi Kim Ngan, chaired the forum, which was jointly held by the NA’s Economic Committee, the Vietnam Academy of Social Sciences and the Vietnam Chamber of Commerce and Industry.
At the forum, which opened on April 8, Associate Professor, Dr. Tran Dinh Thien, Director of Vietnam’s Institute of Economics highlighted the country’s economic difficulties during 2012.
In his opinion, restructuring should be regarded as the key approach to curbing inflation, which will help to stabilise the macro economy and revive businesses in a number of sectors, as well as preparing them for a new period of growth.
He listed three sectors to be priotised for restructuring, specifically public investment, the commercial banking system and state-owned enterprises.
According to Dr. Thien, it is also necessary to review the payments system in the State sector, as he sees it as the best way of improving the State apparatus’s effectiveness and gaining the publics trust.-VNA
You should also see
Vietnam attends international security meeting in Russia
A Vietnamese delegation led by Minister of Public Security General To Lam is attending the 12th International Meeting of High Representatives for Security Issues in Russia’s St. Petersburg city from April 23-25.
See more
Business
Petrol prices decrease slightly on April 25
The retail prices of petrol were adjusted down from 3pm on April 25 by the Ministry of Industry and Trade and the Ministry of Finance.
Business
Vietnamese canned sugarcane juice favoured in US
The first cases of Vietnamese canned sugarcane juice have hit supermarket shelves in Miami, the US state of Florida.
Business
Labels on foods exported to Singapore must be accurate: Trade counselor
Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, has advised Vietnamese exporters to pay attention to labeling pre-packaged food products to ensure their credibility and image of businesses when exporting to the Singaporean market.
Business
April 25 gold bullion auction cancelled
The State Bank of Vietnam (SBV) has announced that it canceled the gold bullion auction scheduled for April 25 morning as only one business submitted its bidding form.
Business
High airfares create chance for short-distance trips for Reunification Day holiday
Due to a hike of air ticket prices for domestic flights, Vietnamese tourists are turning to short-distance trips for the upcoming National Reunification Day (April 30) and May Day (May 1) holidays.
