Vietnam should develop market economy institutions in the context ofintegration and create a favourable business climate in order to attractmore investment, heard a conference in Hanoi on December 22.
Participantsat the event held that the joining of regional cooperation agreementsunder roadmaps will provide Vietnam with more opportunities to catchup with other countries in the region.
Institutional reforms inVietnam need to target the people’s direct and indirect supervisionrights through elected agencies, the press and associations, they said,adding that the people also have the rights to access information,question officials and dismiss appointed ones.
If Vietnamcannot solve issues related to group interests, it will find hard tomake progress in economic institution reforms, with low competitiveness,expanded rich-poor development gap, and increasing environmentalpollution, they said.
The conference, themed “Developing marketeconomy institutions in the context of integration: Internationalexperience and implications for Vietnam ”, was jointly held by theCentral Institute for Economic Management (CIEM) under Ministry if Planand Investment and the World Bank.-VNA
Participantsat the event held that the joining of regional cooperation agreementsunder roadmaps will provide Vietnam with more opportunities to catchup with other countries in the region.
Institutional reforms inVietnam need to target the people’s direct and indirect supervisionrights through elected agencies, the press and associations, they said,adding that the people also have the rights to access information,question officials and dismiss appointed ones.
If Vietnamcannot solve issues related to group interests, it will find hard tomake progress in economic institution reforms, with low competitiveness,expanded rich-poor development gap, and increasing environmentalpollution, they said.
The conference, themed “Developing marketeconomy institutions in the context of integration: Internationalexperience and implications for Vietnam ”, was jointly held by theCentral Institute for Economic Management (CIEM) under Ministry if Planand Investment and the World Bank.-VNA
