Despite tremendous improvements in the last few decades, the environment to do business in Vietnam, and many Asian countries remain complex and challenging. Social progresses and environment norms in many cases lag far behind the business and economic boom in many of the countries in the region. Inequality is growing and poverty reduction is slowing down. These development issues remain and need to be addressed by innovative and tailor-made solutions which can fit to and work in the local contexts. Born ...

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[5 May 2019] — The private sector plays a crucial role in the national economy and should be given impetus to develop. Prime Minister Nguyễn Xuân Phúc made the statement at the plenary session of the Việt Nam Private Economic Forum held in Hà Nội. He affirmed Việt Nam had gained numerous achievements after more than three decades of reform thank to the Party and Government’s consistent policies aimed at developing a multi-sectoral economy. The Vietnamese Government always aims to aid the private ...

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The study “Vietnam Private Sector – Productivity and Prosperity” is implemented with an aim to give an overview of the private sector in Vietnam, the constraints, challenges, and opportunities facing the sector. The study is implemented with support by the Mekong Business Initiative (MBI). In 2017, the Resolution of the 5th plenum of the 12th Party Central Committee was issued, affirming the need to promote the private sector to be the driving force of Vietnam’s socialist-oriented market economy...

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