The Hanoitimes - Australian Minister for Trade, Tourism and Investment Steven Ciobo has recently appreciates Vietnam’s economic reforms, that is among the highest in Asia. Australian Minister for Trade, Tourism and Investment Steven Ciobo According to Australian Minister for Trade, Tourism and Investment Steven Ciobo, the results of Vietnam’s “Doi Moi” (Reform) have been stunning, with the average annual economic growth per person at 5.5% since 1990. Few countries around the world better exemplify the benefits of trade and investment liberalisation than Vietnam, the minister wrote in an article published on www.dfat.gov.au last week. Ciobo said Vietnam is now a middle-income country with a population of 90 million, noting that the country has heavily invested in education and skills, reinforcing its favourable demographics, including the national median age of 30. “With the help of partners such as Australia, it is investing in transport … [Read more...] about Australian minister highly appreciates Vietnam’s economic reforms
China economic reforms
Dailies hail strong Viet Nam-China economic, political ties
Dailies hail strong Viet Nam-China economic, political ties (17-11-2006) Ha Noi — Vietnamese national dailies yesterday welcomed the official friendship visit to Viet Nam by Hu Jintao, General Secretary of the Central Committee of the Communist Party of China and President of China. An editorial in Nhan Dan (The People) said it "shares China's joy and pride at the significant progress made in nearly three decades of reform and openness which have made China a powerful economy in the world." The paper also applauded China's efforts to promote peace, openness and co-operation abroad, and particularly with its Asian neighbours. These achievements would help the Chinese people successfully realise the targets of the 11th Five-Year (2006-2010) Plan on socio-economic development and the Resolution of the 16th Congress of the Communist Party of China." These targets would make China "a powerful, rich, democratic and civilised socialist nation," the editorial said. "On this occasion, we … [Read more...] about Dailies hail strong Viet Nam-China economic, political ties
PM Dung resolved to pursue economic reform
Tu Hoang He told the Vietnam Development Partnership Forum 2013 (VDPF 2013) that Vietnam's National Assembly had passed the amended Constitution, and revised some important laws and that the nation was in negotiations on six free trade agreements with the world's biggest economies such as the U.S., China, Japan and European Union (EU). This is an important foundation for Vietnam to make breakthroughs in building strong institutions, create a more effective and competitive development environment with active participation of enterprises and the public, Dung said. Concerning State-owned enterprises (SOEs) reform, the Government will let around 500 SOEs go public in 2014-2015, including one among eight giant economic groups, five of 10 corporations established under the Prime Minister's Decision 91 and almost all those established under Decision 90. The Government will sell shares in four of five State-run commercial banks to mark the completion of the equitization process by … [Read more...] about PM Dung resolved to pursue economic reform
Vietnam PM pledges economic reform, seeks new investment
TOKYO, May 21, 2009 (AFP) - Vietnam's Prime Minister Nguyen Tan Dung promised Thursday to push economic reforms and invited more foreign investment as Hanoi tries to limit the global slump's impact on the country. Addressing a private economic forum in Tokyo, Dung also called for further aid and investment from regional powerhouses, particularly China, India, Japan, South Korea and Australia, to sustain growth in the rest of Asia. He urged regional nations to continue coordinating their economic stimulus measures and boost trade and investment to maintain regional strength. "Deeper regional integration and increased intra-regional linkages at different levels will be the key for Asia to be not only the first continent to overcome this crisis, but also to maintain its position as the world's most important economic locomotive," he said, speaking through a translator. Although Asian nations, many of which rely on exports to the United States and Europe for growth, have been hit … [Read more...] about Vietnam PM pledges economic reform, seeks new investment
WTO entry will boost Vietnam’s economic reforms; U.S. official
Vietnam needs to take advantage of the chance to enter the World Trade Organization to accelerate its economic reforms, the U.S. State Department's No. 2 figure said May 6 during his visit to Vietnam. WTO accession will give a boost to Vietnam's economic reforms as it helps facilitate investment and business, U.S. Deputy Secretary of State Robert Zoellick told a news conference in Hanoi. Deputy Prime Minister Vu Khoan (L) and U.S. Deputy Secretary of State Robert Zoellick. … [Read more...] about WTO entry will boost Vietnam’s economic reforms; U.S. official