Mr. Pascal Lamy, formerly the Director General of the WTO, tells VET that Vietnam is the greatest beneficiary of globalization and needs to take advantage of human resources in the years to come to stay abreast of the fourth industrial revolution. How would you evaluate Vietnam’s international economic integration process since it joined the WTO? Vietnam is the greatest beneficiary of globalization and has been a successful example of integration during its ten years in the WTO. It is already taking advantage of its human resources and benefiting from its comparative advantages in areas where human resources play an important role. Vietnam’s accession into the WTO has been a success and has helped it grow very well compared to countries with high growth rates. In the global economy, we see economic growth in developed countries not being as high as in emerging countries. For example, the US and Japan have growth rates of only 2-3 per cent, and Europe is even lower. I … [Read more...] about Where is Vietnam in the globalization process?
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Editor's Note:Stivi Cooke is an Australian expat living and working in Hoi An Ancient Town in central Vietnam. The opinions expressed here do not necessarily reflect Tuoitrenews' stance. Each year, around August, I leave the country to get a one-year business visa as I'm an educational consultant. However, this year I got a shock as I discovered that the one-year visa is no longer available. … [Read more...] about Is Vietnam open for business?
A farmer prepares land for the next rice crop in the suburbs of Hanoi. Despite having natural resources to become a major producer and exporter of farm produce, Vietnam is mainly known for cheap, crude products. / PHOTO: AFP Vietnam professes, especially in the rhetoric of government leaders and so-called experts, seeing many chances to expand its markets with the signing of major pacts like the free trade agreement (FTA) with the EU to be finalized later this year, and the Trans-Pacific Partnership (TPP) that is under negotiation with 11 other countries. However, in reality, such chances are just theoretical exercises in international economics, as Vietnam lacks strengths to play along and hold its own on free-trade playgrounds. According to the theory of comparative advantage developed by economist David Ricardo (1772-1823), a nation should concentrate on producing and exporting products where it has comparative advantages, while engaging in international trade to … [Read more...] about Is Vietnam ready to compete on free-trade playgrounds?
(CPV) - Developing education and training is a primary national policy; one of important driving forces to successfully implement the national industrialization and modernization; and a condition to create and uphold competitive advantages of human resources when Vietnam become a full member of the WTO. However, making education prosper, where is the breakthrough? This question was raised and discussed at the 10th National Assembly session. It is not by chance that making education prosper is mentioned much at present. In the 2006-2007 school year, the Ministry of Education and Training launched a campaign "to say no to negative phenomena in exams and the disease of chasing academic achievement" as a breakthrough to restore discipline and make the educational environment healthy. At the 10th National Assembly session on November 7, deputies spent all day discussing issues on teaching staff and educational managers in the education and vocational training sector. There are many … [Read more...] about Making education prosper, where is the breakthrough?
VietNamNet has received hundreds of feedbacks from our readers after we published the article "Sitting on mounts of gold, why is Vietnam still poor?" Sitting on mounts of gold, why is Vietnam still poor? The article reminded reader Le Thanh Dung about a story about aboriginals in America in the past. "In the past, some aboriginals in America lived on outcast diamond mines. Kids picked up diamonds to play as marbles. They didn't know that they were rich, just because they didn't know the value of diamond". According to Tony (sangled…@yahoo.com) Vietnam is sitting in mounts of gold but these are only advantages in terms of natural resources. What is more important is who will explore them and how they will do it. Tran Tan Lai (tanlait…@gmail.com) compared the exploration of natural resources with Vietnamese's way of spending money: They buy things to prove that they are richer than their neighbors, not to invest in long-term development. "The plan to develop 39 … [Read more...] about Sitting on mounts of gold, why is Vietnam still poor? (Part 2)