Gov’t must adapt to sharing economy models Business

Gov’t must adapt to sharing economy models

Vietnam must identify, implement and build management models for sharing economy applications in the country’s major sectors such as banking and transport to ensure a fair business playground and protect all involved parties, said economics experts at a conference on the sharing economy in Hanoi on October 10.
Workshop reviews Vietnam’s growth model reform Business

Workshop reviews Vietnam’s growth model reform

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.
Digital transition – crucial for Vietnamese enterprises Business

Digital transition – crucial for Vietnamese enterprises

Vietnamese enterprises are in a weak position in sharing the “revenue pie” of a digital economy, said Tran Dinh Thien, former director of the Vietnam Institute for Economics, at a conference on Vietnamese businesses and digital transition in Hanoi on July 18.
Flexible policies needed to cope with economic turbulences Business

Flexible policies needed to cope with economic turbulences

Competent authorities should give top priority to stabilising the macro-economy and applying flexible macro-economic policies to cope with disadvantageous developments of the regional and world economies, heard a seminar held by the Central Institute for Economic Management (CIEM) in Hanoi on July 12.
Cashless payment remains low in Vietnam: CIEM Business

Cashless payment remains low in Vietnam: CIEM

The ratio of cashless payments in Vietnam remains low, standing at only 11.49 percent of total means of payment, according to a recent report from the Central Institute for Economic Management (CIEM).
Institutional, legal weaknesses hamper SOE restructuring: CIEM Business

Institutional, legal weaknesses hamper SOE restructuring: CIEM

Shortcomings in terms of institutions and laws are the main cause of the sluggish restructuring of State-owned enterprises (SOEs), which may fail to fulfill many important targets by the end of 2020, according to the Central Institute for Economic Management (CIEM).