Private sector unable to create necessary value chain

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

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. 
Production at Thai Tuan Company in Vinh Loc Industrial Park. (Photo: SGGP)

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.
Structure of economic sectors continues to evolve positively

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 Party Committee Leader Nguyen Thien Nhan (R) at the the Vietnam Private Sector Economic Forum 2019 held in Hanoi on May 2 (Photo:  SGGP)

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.
Prime Minister Hun Sen speaks at the 18th Government-Private Sector Forum on March 29 (Source: phnompenhpost.com)

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 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.

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. (Photo: qdnd.vn)

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.