Economists: Despite opportunities, private sector is still weak
09:05 | 09/04/2019 Economy- Society
(VEN) - Tran Dinh Thien, former director of the Vietnam Institute of Economics (VIE), told participants at a March 15 forum in Hanoi that Vietnam needs a strategy to promote the quality of private firms rather than their quantity. Although Vietnam acknowledges that private business is the foundation of the socialist-oriented market economy, its contribution to the economy remains modest, he added at the seminar devoted to development prospects of Vietnam’s private sector. In his view, after more than three decades of Doi Moi, Vietnam does not have a true development strategy for private companies.
Vietnam’s branding problem
16:06 | 05/04/2019 Economy- Society
(VEN) - Vietnam exports about 70-80 percent of its agricultural products without brand names and sells them under foreign labels, posing a major disadvantage for farmers, growers, processing firms, exporters and state revenues and hampering its progress to becoming a world-leading food exporter.
Press development planning until 2025 approved
09:10 | 05/04/2019 Economy- Society
Prime Minister Nguyen Xuan Phuc has approved the national press development and management planning until 2025 in the Decision No. 362-QĐ/TTg dated April 3, with the aim of arranging the press system and improving the efficiency of leadership and management in the field of press to develop the current system of press types.