Perfecting the State of the rule of law, ensuring people’s freedomand democracy, and completing the market economy mechanism constitute adriving force and also key measures to improve the national economy’seffectiveness and competitiveness, Prime Minister Nguyen Tan Dung saidon December 5.
At the Vietnam Development Partnership Forum (VDPF2014) in Hanoi, the leader further said the country will continueactive international integration, explore benefits from existingbilateral and multilateral free trade agreements (FTAs), and promotenegotiations for new-generation FTAs.
He also described theaforementioned actions as a basis for the Vietnamese Government tofurther facilitate trade and foreign direct investments.
The PMsaid the Cabinet’s key missions in 2015 include mobilising and usingresources in the most effective manner, strongly reformingadministrative procedures, continuously improving the business climate,and better ensuring social equality and welfares.
The fight against corruption will be among the Government’s priorities in the year, he stated.
Theforum, held under the theme “Accelerating economic institutionalreform, strengthening resilience and enhancing the competitiveness ofVietnam’s economy”, sought recommendations pertaining to institutionaleconomic market reforms and the development of the private sector to theGovernment.
Taking the floor, World Bank Country Director forVietnam Victoria Kwakwa said heavy cost of the global financial crisisrequires all countries to incessantly improve their competitivenesstowards economic development and guaranteed social welfares.
Vietnamhas been drastically improving its investment environment, which hashelped it become an attractive investment destination and a country withthe second fastest GDP per capita growth in the world over the last twodecades, she noted.
With the Government’s issuance of ResolutionNo.19 on improving the business climate and national competitivenessand the National Assembly’s approval of relating laws like the Law onBankruptcy, and Law on Enterprises, and the Law on Investment in 2014,it is now the right time to build next institutional reform measures,Victoria Kwakwa said.
She suggested intensifying thecoordination among Government agencies, strongly restructuringState-owned enterprises with a focus on quality, and more drasticallysettling bad debt and restructuring the banking system.
She affirmed that development partners will continue standing by the Vietnamese Government in realising its development goals.
Overthe last 20 years, international development partners have pledged over80 billion USD in official development assistance to Vietnam. Over halfof the finance has been disbursed, greatly contributing to thecountry’s socio-economic development.
At the VDPF 2014, PM NguyenTan Dung, Vietnamese senior officials, and representatives frominternational development partners and organisations discussed openly anumber of issues regarding the Cabinet’s viewpoints and directingmeasures.-VNA
At the Vietnam Development Partnership Forum (VDPF2014) in Hanoi, the leader further said the country will continueactive international integration, explore benefits from existingbilateral and multilateral free trade agreements (FTAs), and promotenegotiations for new-generation FTAs.
He also described theaforementioned actions as a basis for the Vietnamese Government tofurther facilitate trade and foreign direct investments.
The PMsaid the Cabinet’s key missions in 2015 include mobilising and usingresources in the most effective manner, strongly reformingadministrative procedures, continuously improving the business climate,and better ensuring social equality and welfares.
The fight against corruption will be among the Government’s priorities in the year, he stated.
Theforum, held under the theme “Accelerating economic institutionalreform, strengthening resilience and enhancing the competitiveness ofVietnam’s economy”, sought recommendations pertaining to institutionaleconomic market reforms and the development of the private sector to theGovernment.
Taking the floor, World Bank Country Director forVietnam Victoria Kwakwa said heavy cost of the global financial crisisrequires all countries to incessantly improve their competitivenesstowards economic development and guaranteed social welfares.
Vietnamhas been drastically improving its investment environment, which hashelped it become an attractive investment destination and a country withthe second fastest GDP per capita growth in the world over the last twodecades, she noted.
With the Government’s issuance of ResolutionNo.19 on improving the business climate and national competitivenessand the National Assembly’s approval of relating laws like the Law onBankruptcy, and Law on Enterprises, and the Law on Investment in 2014,it is now the right time to build next institutional reform measures,Victoria Kwakwa said.
She suggested intensifying thecoordination among Government agencies, strongly restructuringState-owned enterprises with a focus on quality, and more drasticallysettling bad debt and restructuring the banking system.
She affirmed that development partners will continue standing by the Vietnamese Government in realising its development goals.
Overthe last 20 years, international development partners have pledged over80 billion USD in official development assistance to Vietnam. Over halfof the finance has been disbursed, greatly contributing to thecountry’s socio-economic development.
At the VDPF 2014, PM NguyenTan Dung, Vietnamese senior officials, and representatives frominternational development partners and organisations discussed openly anumber of issues regarding the Cabinet’s viewpoints and directingmeasures.-VNA
