The new regulations should retain principles that remain valid while addressing new issues related to ownership, production organisation, distribution and the responsibilities of Party members in a socialist-oriented market economy.
Vietnam is on the right track in accelerating its decisive economic reform, but an upgrade is needed to meet the government's aspirations of sustained, inclusive, and green growth, said an expert from the International Monetary Fund (IMF).
Global credit rating agency Moody's on August 24 maintained Thailand's credit rating at Baa1 with stable outlook, saying that the country still has sufficient economic activity to balance challenges caused by the COVID-19 pandemic.
Vietnam provides a typical example of people’s trust in the Government, said Prof. Dr. Vladimir Kolotov from the Ho Chi Minh Institute at the Saint Petersburg University, during a recent interview with Sputnik.
Vietnam’s credit growth is forecast to slow to only 8 percent in 2020 from 13.7 percent last year due to a sharp slowdown in economic activity amid the COVID-19 pandemic.
Despite difficulties brought by the COVID-19 pandemic, an opportunity is emerging for Vietnam to build the foundations of a more inclusive growth path, which leaves no one behind once recovery begins, according to the International Labour Organisation (ILO) in Vietnam.
Vietnam is forecast to lose some 0.41 percent of GDP due to the novel coronavirus (COVID-19) outbreak, according to the latest report by the Asian Development Bank (ADB).
The programme “Creative France”, which features the dynamism of France’s innovation and economic activity, was introduced to a press conference in Hanoi on September 6.
