Economic development, when anchored in structural reform, institutional strength, and long-term resilience, becomes the most powerful instrument of autonomy in an uncertain world.
A month of overlapping storms has tested Việt Nam’s resilience and forced a hard look at how the country prepares, responds and protects growth in an era of extreme climate shocks.
After four months of implementation, the model has produced certain and promising positive outcomes, but it has also revealed critical gaps that must be addressed to ensure the reform works in practice.
Behind the decades of reform and renewal lies a simple but powerful philosophy. At its essence, Việt Nam’s reform has been about two things: expanding choice and building capacity.
Best known for turning around US retailer Ashley Stewart, Rhee argues that financial logic alone cannot lasting value. His book blends investment experience with personal stories to show how humanity drives true economic success.
The aspiration to ''stand shoulder to shoulder with the great powers of the world,'' first voiced by President Hồ Chí Minh, still guides Việt Nam today. But unlike in the past, we now have measurable goals, stronger foundations and a...
Unless the final consumption figure is fractionated, the effectiveness of consumption stimulus policies is not correctly assessed. A lack of disaggregated statistics can prevent sufficiently deep assessments from being a basis for good policies and meaningful stimulation measures.
Social housing is crucial to the country’s social and economic infrastructure, making collaboration between the State, market mechanisms, and relevant stakeholders essential.
Though both policymakers and industry insiders agree that increasing SCT is needed, they acknowledge that the issue is not merely a health-related issue, it is a matter of benefit balance among stakeholders – the State, beer makers and the public.
For Việt Nam to achieve its development goals – becoming a modern industrialised nation with high income by 2045 – substantial policy reforms are necessary to accelerate private sector growth.
According to the proposed amendments to the Law on Enterprises, employees who are scientists will be permitted to establish and oversee businesses dealing with researched scientific products.
Taking into consideration all the factors, the 8 per cent GDP growth target is undoubtedly ambitious and will be challenging to achieve. As a highly open economy, Việt Nam is particularly vulnerable to global economic fluctuations and risks.
