2018 is hoped to see a strong wave of equitisation of State-owned enterprises (or SOE). However, the first half of the year is yet to see as strong movement as expected.
The National Economics University (NEU) has launched the Vietnam Annual Economic Report 2017, themed “Removing Barriers to the Development of Vietnamese Private Enterprises.”
Many businesspeople, who hold leadership positions at both banks and other firms, have decided to give up their positions in enterprises and keep the banking management positions to meet a new Government regulation.
Quang Ninh, Kien Giang and Khanh Hoa are gearing to develop special administrative-economic zones with expectations that preferential policies will be increased as the National Assembly is discussing the Law on Special Administrative-Economic Units.
The Law on Special Administrative-Economic Units must create breakthroughs in mechanisms and preferential incentives to boost economic development, experts have said.
Equitisation of State owned enterprises has progressed well in 2011-2016 and the first eight months of 2017 thanks to various ministries and sectors, economic groups and localities getting onboard.
The Ministry of Finance expects to float the price of milk products for children under six years old by the beginning of next year after the price ceilings for the products are eliminated.
Vietnam has challenges to tackle if it wants to achieve economic targets and deeply integrate into the world's economy in the context of new trade agreements.
The biannual Autumn Economic Forum that opened in the northern
province of Ninh Binh on September 27 is seeking how to speed up
economic restructuring.
Ho Chi Minh City has achieved success in implementing a project to
restructure its economy, including public investment, State-owned
enterprises and the banking system in the 2011-14 period, heard a
meeting held last week in the city.
Vietnam should focus on economic autonomy and supporting industry
development, Deputy Chairman of the National Assembly Economic Committee
Nguyen Duc Kien told Hai Quan online (Customs online).
It is an upbeat sign that Vietnam’s consumer price index (CPI) rose at a
slow pace in the first six months of 2014, said Dr. Tran Hoang Ngan,
member of the National Assembly Economic Committee in an interview with
Nhan Dan (People) newspaper.
Strengthening macroeconomic stability through monetary and fiscal
policies and speeding up the economic restructuring topped the agenda of
the ongoing 2013 Autumn Economic Forum in the central province of
Thua Thien-Hue.
The Amended Law on Land has received around seven million feedbacks
after it was open for public comment, the Vietnam Government Portal
(VGP) quoted Chairman of the National Assembly Economic Committee Nguyen
Van Giau as saying.