Haiphong private sector emerges as key engine of economic growth

Haiphong private sector emerges as key engine of economic growth

Haiphong is leveraging its dynamic private sector to sustain double-digit growth and transform into a regional economic powerhouse.
Private sector clarity of regulations a must

Private sector clarity of regulations a must

Despite the government’s efforts to cut and simplify administrative procedures, the private sector – considered the key for Vietnam to achieve outstanding growth – is still struggling with a slew of hurdles.
Specific credit policy needed for Mekong Delta growth

Specific credit policy needed for Mekong Delta growth

Talking to VIR’s Binh An after the unveiling of the Mekong Delta Annual Economic Report in Ho Chi Minh City on March 27, Dr. Vu Thanh Tu Anh, senior lecturer of the Fulbright School of Public Policy and Management, pointed out obstacles to private sector development in the region.
Private sector is driving force for advances across economy

Private sector is driving force for advances across economy

Thanks to open-door policies crafted from the 1980s and beyond, rapid development of legal infrastructure, recognition of the value of foreign direct investment, and the importance of a strong private sector, Vietnam has made tremendous progress to a point where, this year, Vietnam’s average per capita income should reach $5,000, total foreign trade could be well over $850 billion, and there is a poverty rate below 5 per cent.
Private sector encouraged to join major national programmes, projects

Private sector encouraged to join major national programmes, projects

It must fully unleash the productive capacity and resources of the country through the private sector; mobilise all private resources for national development.
Credit fuels private sector advances

Credit fuels private sector advances

Vietnam is leveraging supply chain financing as a game-changer to unlock capital and strengthen smaller businesses.
Six directions outlined to boost Vietnam’s private sector

Six directions outlined to boost Vietnam’s private sector

He urged large enterprises to lead national challenges and innovative projects, while encouraging small- and medium-sized businesses to innovate, improve management and build global Vietnamese brands.
Fostering the private sector to accelerate green industries

Fostering the private sector to accelerate green industries

It is crucial that Vietnamese businesses adopt a more proactive stance in response to the global shift towards sustainability.
Private sector urged to enter eco-IP arena

Private sector urged to enter eco-IP arena

Authorities have been urged to foster participation of the private sector to speed up the creation of eco-industrial parks, contributing to the government's green growth strategy.
The private sector role in child health

The private sector role in child health

Vietnam has made progress in child protection and healthcare in recent times. Lesley Miller, deputy representative of UNICEF Vietnam, discussed with VIR’s Bich Thuy the role of the private sector in these efforts.
Action plans for high-income and low-carbon future

Action plans for high-income and low-carbon future

About $184 billion at current value – that’s the estimate of the potential investment opportunities for the private sector over the next couple of decades to help Vietnam on a climate-resilient and net-zero development pathway.
IFC launches financing platform to respond to global food crisis

IFC launches financing platform to respond to global food crisis

Responding to surging levels of food insecurity, IFC has launched a new, $6 billion financing facility to strengthen the private sector's ability to respond.
Private sector expected to support the green growth model in Vietnam

Private sector expected to support the green growth model in Vietnam

Last year Vietnam made a remarkable commitment to achieve net-zero carbon emissions by 2050. Patrick Lenain, senior associate of the Swiss-based Council on Economic Policies, shares some recommendations to encourage the private sector’s role in this ambitious target.
Special policy required to strengthen large Vietnamese enterprises

Special policy required to strengthen large Vietnamese enterprises

In order to build a large and stable growing force of private enterprises that can enjoy consistent growth, more specific policies are required, stated the report on the VPE500.
Obstructions swept up for private sector

Obstructions swept up for private sector

Serving as the key mainstay of the economy, the Vietnamese private sector is expected to witness a more favourable business and investment environment soon, with obstructions to be eradicated so that enterprises can flourish further.
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