Institutions have become a major impediment to the nation’s aspiration to reach high income by 2045. Vietnam needs to shift its economic growth model and improve the government’s capacity to implement economic policy reforms and public investments, realizing its aspiration of reaching high-income status by 2045, a World Bank Group report says. Overview of the report launch. The World Bank Group’s Systematic Country Diagnostic Update, themed "How Will Vietnam Blossom? Reforming Institutions for Effective Implementation,” emphasizes that Vietnam's traditional growth model faces major challenges from the Covid-19 pandemic, slowing globalization, and the country’s increasing vulnerability to external shocks, especially climate risks. After identifying a series of policy responses and reform priorities, many of which are not new, the report argues that adapting institutions will be the key to success. “Vietnam’s GDP per capita has increased fivefold over the … [Read more...] about Effective policy implementation crucial for Vietnam to reach high-income status by 2045: WB
Postwar vietnam dynamics of a transforming society pdf
Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive
Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta in San Francisco as part of his trip to the US. — VNA/VNS Photo Duong Giang Prime Minister Pham Minh Chinh on May 17 met with Vice President of Sales, Marketing and Operations at Microsoft Asia Pacific Sandy Gupta and other leading officials of Microsoft. During the talks, PM Chinh congratulated Microsoft on its successes in recent times and its implementation of a digital transformation programme globally, including in Viet Nam. He said he hopes Microsoft will effectively implement its programmes in Viet Nam and contribute recommendations to help Viet Nam effectively implement its digital transformation programme and build a digital government, a digital society, and digital citizens. The Prime Minister said that Viet Nam has established a National Committee on Digital Transformation, chaired by the Prime Minister, to promote the building of … [Read more...] about Microsoft wants to cooperate with Viet Nam in digital transformation, cybersecurity, green economy: Executive
Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders
National Assembly Chairman Vương Đình Huệ and his Singaporean counterpart Tan Chuan-Jin held talks in Hà Nội on Wednesday. — VNA/VNS Photo Doãn Tấn HÀ NỘI — Speaker of Singaporean Parliament Tan Chuan-jin and Chairman of Vietnamese National Assembly have agreed that successful economic cooperation will elevate bilateral relations during the official talks on Wednesday in Hà Nội. The Singaporean parliament leader is in the capital for a three-day visit on the invitation of his Vietnamese counterpart. NA Chair Huệ said the ‘miraculous development’ of Singapore with the wise vision of the leadership and the aspirations of the people are always a source of inspiration to Vietnamese leadership and people. Amid complicated regional and global geopolitical, economic developments, the two countries should tighten relations, including between the legislations to contribute to the advancement of the Strategic Partnership. Speaker Chuan-jin said his visit to Việt Nam is a chance for … [Read more...] about Việt Nam, Singapore to expand cooperation in digital transformation, green economy: Legislative leaders
Vietnamese premier discusses innovation, startup cooperation with US businesses
Vietnamese Prime Minister Pham Minh Chinh attended a forum on innovation and startups with leading U.S. firms in San Francisco, California on Tuesday morning (local time) within the framework of his working visit. During the event, which was organized by the Asia Society Northern California, PM Chinh stated that Vietnam identifies science and technology, innovation, and entrepreneurship as important driving forces for development in the new era. Startup collaboration between Vietnamese and U.S. partners should focus on climate change response, digital transformation, technology transformation, and supply chain diversification, he continued. Attention should also be paid to the innovation and startup movement among young people. The premier went on to discuss with leaders of major U.S. businesses about opportunities for cooperation in innovation, science, and technology. The Vietnamese government is improving mechanisms and policies to welcome new startups, he stated, adding … [Read more...] about Vietnamese premier discusses innovation, startup cooperation with US businesses