Vietnam’s economy continues recovery trend in 2015
The Vietnamese economy is expected to continue recovering in 2015,
though slowly, according to releases from a workshop in Ho Chi Minh City
on January 8.
The Vietnamese economy is expected to continue recovering in 2015,
though slowly, according to releases from a workshop in Ho Chi Minh City
on January 8.
Addressing event attendees, Economist Nguyen Chi Hai from the Ho Chi Minh City’s University of Economics and Law said there is a need to improve economic strategies by focusing on productivity, effectiveness and competitiveness.
He also emphasised the importance of science and technology playing a vital role in economic development.
At the workshop, participants also focused their discussions on increasing the tempo of equitisation of State-owned enterprises (SOEs). According to official statistics, only 143 SOEs were privatised during the first ten months of 2014, far below the 432 intended enterprises for the 2014-2015 period.
During 2013 and first ten months of 2014, SOEs only withdrew 4.4 trillion VND out of 21 trillion VND (1 billion USD) they had invested in non-core business.
In 2015, SOEs are expected to divest an estimated 16.367 trillion VND.-VNA
Addressing event attendees, Economist Nguyen Chi Hai from the Ho Chi Minh City’s University of Economics and Law said there is a need to improve economic strategies by focusing on productivity, effectiveness and competitiveness.
He also emphasised the importance of science and technology playing a vital role in economic development.
At the workshop, participants also focused their discussions on increasing the tempo of equitisation of State-owned enterprises (SOEs). According to official statistics, only 143 SOEs were privatised during the first ten months of 2014, far below the 432 intended enterprises for the 2014-2015 period.
During 2013 and first ten months of 2014, SOEs only withdrew 4.4 trillion VND out of 21 trillion VND (1 billion USD) they had invested in non-core business.
In 2015, SOEs are expected to divest an estimated 16.367 trillion VND.-VNA
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