Practical measures needed to attract talents to public sector
Happy as it is that the private sector can develop well thanks to the skillful workforce, the public one must adopt urgent solutions to attract more talents.
Vietnam wants private sector to become driving force for economic growth
Vietnam will focus on developing its private sector to turn it into an important driving force for the socialist-oriented market economy, contributing to rapid and sustainable socio-economic development and improving the economy's self-reliance.
Private sector losing growth momentum
The private sector forms a strong pillar of growth and economic development in any country.
Aspiration of sustainable development for HCMC citizens: HCMC Chairman
According to Mr. Phan Van Mai, Chairman of the People’s Committee of Ho Chi Minh City, from the beginning of the third quarter of 2021, the Covid-19 pandemic has stalled and disrupted most socio-economic activities. Enterprises have had to fight and overcome countless difficulties to survive and wait for the opportunity to revive.
Private sector unable to create necessary value chain
Vietnamese enterprises are facing setbacks and obstacles in the process to build value chains, which are essential for growth, healthy competition and more export opportunities in foreign markets.
Private sector still struggling to gain strength
Vietnam's socio-economic development in the last ten years owes its success largely to the important contributions made by the private sector. Over the period 2011 to 2020, private firms have been investing in many major projects that have changed the face of the country.
State management needs reforming to promote development of private sector
State management reform to promote the development of the private sector is one of the important contents stated in the resolution of the 13th National Party Congress. Dr. Nguyen Duc Kien, Head of the Economic Advisory Group of the Prime Minister, shared with SGGP Newspaper about this matter.
State’s management must respect law of market to facilitate private sector: PM
Permanent members of the Government held a meeting under the chair of Prime Minister Nguyen Xuan Phuc on February 18 to discuss a draft plan on comprehensively reforming the State’s economic management.
Structure of economic sectors continues to evolve positively
The Government has just released a report to the National Assembly on a five-year economic reform review. In which, the Government stated that the structure of the economic sectors continued to have positive changes and in the right direction; the proportion of processing, manufacturing, and high-tech industries increased; the investment and business environment improved.
HCMC will strongly attract private firms: City Party Chief
HCMC will strongly attract private businesses to implement Smart City project, cooperate with the Ministry of Communications and Information to develop 4.0 industry and service and take the lead in Fifth-Generation (5G) telecom services, said secretary of HCMC Party Committee Nguyen Thien Nhan at the Vietnam Private Sector Economic Forum 2019 in Hanoi on May 2.
Cambodia announces 17-point strategy to promote economic growth
Cambodian Prime Minister Hun Sen has announced plans to reform the nation’s economy on a large scale with a 17-point strategy, aiming to stimulate growth and save the private sector some US$400 million per year in costs.
Financial market restructuring
Financial market plays a key role in economic growth and macroeconomic stabilization. The fact that capital circulates smoothly from financial sector to the real economy and capital is effectively allocated to preferential fields and industries is significant for the process of restructuring the economy and supporting private sector – the main growth motivation.
Administrative reform yet to develop private sector as expected
Ministries and relevant agencies have abolished hundreds of administrative procedures and business conditions but most private firms have not developed as strongly as expected.
Public sector slow to adopt Internet of Things trend
In Vietnam, as in other parts of the world, the private sector has been more receptive to the much-buzzed-about rise of the Internet of Things (IoT), while the public sector and the government have been slow to adopt these technologies.
Quy Nhon seaport falls into hands of private sector at low price
After the unusual equitization and state capital withdrawal since the end of 2013, state own Quy Nhon seaport has fallen in to the hands of a private company with the price being as low as few hundreds of billions of dong.
Businesses ask PM for transparency, fewer rules
Prime Minister Nguyen Xuan Phuc pledged the Government would continue to improve the business climate for the private sector to thrive, stressing their critical role in national growth.
Private sector prompted to develop waterway transport
Minister of Transport Nguyen Van The has required relevant agencies to boost the private sector's participation in developing waterway transport field.
Government adopts pro-business action plan
The Government has adopted a five-point action plan designed to create a good investment and business climate for the development of the private sector.
Private sector vital to fuel economy: PM
The private sector is an important driver of economic development, said Prime Minister Nguyen Xuan Phuc at the second Vietnam Private Sector Forum held in Hanoi on July 31.
HCMC considers private firms as driving force of development
HCMC needs to consider the private economic sector as driving force, basic and main power to develop the city in accordance with the set target, said secretary of the city Party Committee Nguyen Thien Nhan yesterday.