Vietnam’s economic restructuring and growth model reform in 2016-2020 have been benefiting from positive changes in policies and achievements in the 2011-2015 period, according to economist Nguyen Dinh Cung.
"By the end of the 21st century, 40 percent of the Mekong River Delta area flooded, 11 percent of the Red River Delta area and 3 percent of other coastal localities are forecast to be submerged."
Vietnam has experienced a year of socio-economic achievements. For example, economic growth continues at a high level; the macroeconomic environment remains stable; inflation is under control; the trade surplus is at record levels; and the State budget deficit is stable.
The Central Institute for Economic Management (CIEM) has forecast Vietnam’s economy growth for 2018 may be at 6.88 thanks to positive socio-economic results in the first nine months of this year.
Vietnam should establish specific regulations to enhance the efficiency of monitoring mechanism of the agency representing the owner at State-owned enterprises (SOEs) during the shake-up process of the businesses.
The Central Institute for Economic Management (CIEM) and the Australia-Vietnam Economic Reform (Aus4Reform) Programme held a scientific seminar in Hanoi on July 6 on reforming State monopoly in network industries.
Findings from the 2017 Provincial Governance and Public Administration Performance Index (PAPI) Report, which was released in Hanoi on April 4, showed a significant turnaround in citizens’ perceptions and experiences in corruption in the public sector.
The Australian Government and the Vietnamese MIP jointly launched Aus4Reform – a four-year long programme to boost the productivity and competitiveness of Vietnam’s economy, in Hanoi on December 13.
The Vietnamese and Australia governments on March 31 held their High-Level Consultations on Development Co-operation to discuss results of their long-term development co-operation and the importance of its transformation into an economic partnership.
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