Taking stock : An Update on Vietnam’s Recent Economic Developments
The report examines economic developments in Vietnam in 2018, including its strong trade performance, increased FDI inflows, and public debt stabilization, among others. It also includes a special section on the government’s efforts to reduce trade...
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| Format: | Report |
| Language: | English |
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World Bank, Hanoi
2018
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| Online Access: | http://documents.worldbank.org/curated/en/536421528929689515/Taking-stock-an-update-on-Vietnam-s-recent-economic-developments-special-focus-reform-priorities-for-reducing-trade-costs-and-enhancing-competitiveness-in-Vietnam http://hdl.handle.net/10986/29959 |
| Summary: | The report examines economic
developments in Vietnam in 2018, including its strong trade
performance, increased FDI inflows, and public debt
stabilization, among others. It also includes a special
section on the government’s efforts to reduce trade costs
and enhance competitiveness. A four-pillar integrated
program on trade facilitation and logistics, is outlined. It
includes : 1) Promoting trade facilitation by simplifying
customs and specialized management regulations; (2)
Enhancing efficiency of trade-related infrastructure and the
quality of connectivity; (3) Building a competitive
logistics service sector; and, (4) Strengthening interagency
coordination and partnership with the private sector. It is
intended to reduce non-tariff costs, thereby further
boosting export-led growth, improving the business
environment, and enhancing competitiveness. |
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