Reform government eu4

Inside a clean clam processing line of Lenger Seafoods Vietnam. The company exports products to markets in the EU, the UK, Japan, the US, and South Korea. — Photo courtesy of Lenger Seafoods Vietnam To provide a more favourable playground for enterprises to strengthen and access international markets, Viet Nam is on a path to boost institutional improvement. And it is believed that the United Kingdom-Vietnam Free Trade Agreement (UKVFTA) is accelerating the process, said experts. As Viet Nam has signed many new free trade agreements (FTAs) with countries or regions that require more stringent standards not only on quality but also on production processes, it is crucial for local enterprises to quickly adapt to new rules. Therefore, the Government has to make changes to relevant policies to support them. The reform is building a favourable business environment, reducing transaction expenses for enterprises, especially small and medium enterprises, and attracting quality … [Read more...] about UKVFTA to accelerate Viet Nam’s institutional reform

Deputy Defense Minister Senior Lieutenant General Le Huy Vinh, who is Head of the Defense Ministry’s Steering Board for Administrative Reform and E-government Development, chaired the conference. In the first half of 2022, the administrative reform and e-government development was constantly directed and implemented by the Central Military Commission, the Ministry of National Defense, the Party committees and chains-of-command at all levels. The mission’s plans were issued in a timely manner and conducted seriously while relevant legal documents continued to be completed. The building and development of e-government and digital government witnessed positive outcomes while the information safety and security was enhanced. The defense ministry integrated 23 administrative procedures into the national public service portal, established software to manage documents and files with digital signature, and more. Speaking at the event, Senior Lieutenant General Le Huy Vinh applauded … [Read more...] about Whole-military enhance administrative reform and e-government development

The event gathered nearly 100 participants including officials of ASEAN member states and delegates from China, Japan, the Republic of Korea, and Australia. In her opening speech, Minister of Home Affairs Pham Thi Thanh Tra, who chaired the event, said that given recent significant, unpredictable changes and challenges, the ministry chose the topic of the forum as innovation in training and capacity improvement targeting civil servants meeting requirements of international integration. The forum is an opportunity for countries to listen to, share with, and learn from one another toward narrowing the gap and encouraging cooperation within ASEAN, ASEAN+3, and partner countries of the grouping to ensure the adoption of effective governance principles, she noted. Pham Minh Hung, head of the ministry’s administrative reform department, said Vietnam has set a target to have 50-60% of officials holding managerial positions in central agencies and departments and 80% of state-owned … [Read more...] about ACCSM 21: Forum discusses good governance amid international integration

This year, Hanoi targets the PAR Index score to reach 92.55, four points higher than the 88.54 points recorded last year and moving up one or two places in the ranking. Hanoi aims to further improve its performance in the Public Administration Reform Index (Par Index), rising above its 10th position last year to ensure a higher quality of public services and public satisfaction. Citizens submitting administrative requests at Thanh Tri District People's Committee. Photo: The Hanoi Times This year, Hanoi targets the PAR Index score to reach 92.55, four points higher than the 88.54 points recorded last year and moving up one or two places in the ranking. To realize this goal, the municipal People’s Committee has released an action plan to maintain the last year's high scores of sub-components and assign the Department of Internal Affairs to map out measures and address fields in which modest grades were scored. Among the key criteria, the city’s authorities … [Read more...] about Hanoi eyes further improvements in public services quality

PM Pham Minh Chinh speaks at the meeting of the National Committee on Digital Transformation in Hanoi on August 8. (Photo: VNA) Hanoi (VNA) – Prime Minister Pham Minh Chinh on August 8 described digital transformation as an important tool for the building of an independent and self-reliant economy and the extensive and effective integration into the world. He made the remark while chairing the third meeting of the National Committee on Digital Transformation in Hanoi. The Ministry of Information and Communications reported that digital transformation was promoted strongly and reaped encouraging outcomes in the first half of 2022. So far, 100% of the enterprises have used e-invoices, e-commerce revenue reached 11.27% of total retail sales (compared to the target of 7%), 66% of the people aged 15 and above had payment accounts (1% higher than the target), 70.91% of the adults owned smartphones (compared to the target of 85%), and 71.75% of all the households used … [Read more...] about Digital transformation crucial to an independent, self-reliant economy: PM

Illustrative image (Source: VNA) Hanoi (VNA) – Many prestigious international organisations and experts have highly valued Vietnam’s development achievements and prospects, Prime Minister Pham Minh Chinh told a government meeting in Hanoi on August 3. The leader cited forecast by Standard Chartered , VinaCapital, Hongkong and Shanghai Banking Corporation Limited (HSBC), and the Asian Development Bank ( ADB ) as saying Vietnam’s GDP will grow from 6.5% to 6.9% this year. Vietnam has maintained macro-economic stability and major balances, and put inflation under control, creating an important foundation for rapid, sustainable socio-economic recovery and development, he emphasised. Regarding tasks and solutions in the time ahead, the PM asked ministries and agencies to implement their set tasks and plans, and tackle both pending and emerging issues. Priorities should be given to consolidating institutions, he said, urging ministries, agencies and localities to … [Read more...] about Int’l organisations upbeat on Vietnam’s development prospects: PM

The partnership will drive socio-economic development by benefitting more than 200,000 students and equip them with skills to thrive in an increasingly competitive global market. The United States on August 1 launched a five-year, US$14.2-million partnership with three leading Vietnamese universities to strengthen higher education in Vietnam. The funding, through US Agency for International Development (USAID), is part of the Partnership for Higher Education Reform announced by Vice President Kamala Harris during her visit to Hanoi in August 2021 will collaborate with universities, key government officials, and industry partners in Vietnam. Under the USAID-supported project, US partner Indiana University will work with Vietnam’s three largest universities including Vietnam National University-Ho Chi Minh (VNU-HCM), Vietnam National University-Hanoi (VNU-HN), and the University of Danang (UD) to improve their academic quality, enhance institutional governance, and enable … [Read more...] about US helps strengthen Vietnam’s higher education in US$14-million partnership

Vietnam will need a skilled workforce to transform itself into an upper-middle-income economy by 2035, the World Bank has suggested in its recently-released report named “Taking Stock: Educate to Grow”. Illustrative image (Photo: VNA) In its bi-annual report, the lender said: “Vietnam needs a workforce with 21st century skills to grow. As the economy moves from being driven by low skill and low wage jobs in manufacturing and services towards a more innovation driven growth model built on higher value-added industries and services, Vietnam’s workforce will need to attain higher level and more relevant skills.” The Vietnamese Government’s Socio-economic Development Strategy for 2021-2030 says as much, aiming to use scientific, technological, innovative, and digitally transformative knowledge and build quality human resources as key drivers of higher productivity and future economic growth. To achieve these goals, Vietnam needs to reform its education system … [Read more...] about Vietnam needs skilled workforce to become upper-middle-income economy by 2035: WB

As Vietnam steps into the post-pandemic era, experiences and learnings from the pandemic serve as a reminder of the importance of digital transformation and its crucial technology component. Eunjung Han, consultant at Rouse Legal Vietnam and vice chair of the Digital Sector Committee of the European Chamber of Commerce in Vietnam Despite COVID-19’s negative economic and social impact, Vietnam remains an attractive destination to European investors. According to the European Chamber of Commerce (EuroCham) 2021 White Book, Vietnam’s stable macro-economic climate, with inflation in the single digits, continues to increase investor confidence in the country’s trade and investment environment. Only adding to that, the EU-Vietnam Free Trade Agreement (EVFTA) is paving the way for continued foreign direct investment (FDI) from the EU and is viewed as a means for shared recovery and economic rebound. As the first comprehensive FTA between the EU and a developing country in … [Read more...] about EVFTA underpinning growth in Vietnamese tech market

In long term, transforming the higher education system will be key to boosting Vietnam’s productivity and helping achieve its goal of becoming a high-income country by 2045. Vietnam’s GDP growth is forecast to surge from an estimated 2.6% in 2021 to 7.5% in 2022, with backing from resilient manufacturing and a robust rebound in services. Overview of the event. Photo: Nguyen Tung Country Director for the World Bank in Vietnam Carolyn Turk revealed the figures at the launch of its bi-annual economic outlook for Vietnam titled “Taking Stock: Educate to Grow” today [August 8]. According to Turk, the global economy has been experiencing a series of very large and negative shocks, including ongoing Covid-19-related disruptions and supply shocks associated with the Russia-Ukraine conflict. In this context, Vietnam’s economy has shown “relative resilience and staged a strong rebound after last year’s Covid-19 induced slowdown,” Turk said. Vietnam’s economic … [Read more...] about Vietnam’s GDP growth set to expand by 7.5% in 2022: World Bank