Population quality is closely related to the level of the country’s socio-economic development, and it, therefore, must be the goal of the whole community and the country and is considered the “golden key” to open the door to sustainable development of the country, according to experts.
Infrastructure investment, trade environment and competitive labour costs are the three factors that keep Vietnam’s economy humming along and its growth numbers positive, according to an article published on the vietnam-briefing.com.
Increasing labour productivity is an important factor to promote economic growth in the long run, and is a prerequisite for Vietnam to narrow its development gap with other regional countries and fulfill the goal of becoming a developed country with high income by 2045, said Deputy Minister of Planning and Investment Tran Quoc Phuong.
President Nguyen Xuan Phuc on November 21 sent a message to the 43rd General Assembly of ASEAN Inter-Parliamentary Assembly (AIPA-43), which officially opened in Phnom Penh, Cambodia the same day, reiterating Vietnam’s commitment to actively and responsibly participate in multilateral cooperation frameworks in both law execution and making aspects.
The Asian Development Bank (ADB) has approved a 4.6 million USD technical assistance to help the Vietnamese Government to strengthen public-private partnership (PPP), private sector development, and state-owned enterprise (SOE) reform.
Prof. Tran Van Tho, a former lecturer at Japan’s Waseda University suggested several measures for Vietnam to achieve sustainable economic development in the next period in an interview recently granted to a Vietnam News Agency reporter in Tokyo.
The southern province of Dong Nai has mobilised all resources to speed up the progress of several major transport projects, including the Long Thanh International Airport.
The Indonesian government has set up a pharmaceutical holding company responsible for providing feedstock for the local pharmaceutical sector, helping reduce the nation’s dependency on imports of medical raw materials from 90 percent to 75 percent.
The Hanoi People’s Committee has recently greenlighted a 312 billion VND (13.5 million USD) project to support startup and innovation in the capital city during 2019-2025.
The "Vietnam: Strengthening banking sector soundness and development" project is expected to help the State Bank of Vietnam to better anticipate and increase resilience to shocks.
Over the past 10 years, US agencies have provided more than 3.5 billion USD to support countries in the Mekong region as part of the Lower Mekong Initiative (LMI).
The Vietnamese Government has consistently prioritised fast and sustainable economic growth, and the business community plays as a key force to realize the country’s development goals, said Deputy Prime Minister Trinh Dinh Dung on June 26.
The mid-term Vietnam Business Forum (VBF) 2019 will highlight the role of the business community in rapid and sustainable development, heard a press conference in Hanoi on June 25.
Prime Minister Nguyen Xuan Phuc, now on a visit to Romania, on April 15 held a joint press conference with his host PM Viorica Dancila following their talks and signing of cooperation memorandums of understanding in Bucharest earlier the same day.
The Ministry of Industry and Trade will focus on developing the domestic market in 2019 with the view to creating a fulcrum for sustainable economic growth besides export, according to an official of the ministry.
The entrepreneurial spirit of businesses is a stimulus for the Government to act more drastically and innovatively, said Prime Minister Nguyen Xuan Phuc at the annual Vietnam Business Forum (VBF) 2018 in Hanoi on December 4.
Building smart urban areas is urgent for Ho Chi Minh City to maintain sustainable economic growth, promote the digital and knowledge-based economy and raise locals’ living standards.
The Government’s Economic Advisory Group should work to analyse internal and external difficulties to propose rational mechanisms for the nation’s sustainable economic growth, said Prime Minister Nguyen Xuan Phuc.
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