VN predicted to become world’s factory (01/6)
01/07/2015 - 16 Lượt xem
Maintaining the macro-economy, controlling inflation, stabilizing exchange rates and increasing belief in Vietnamese Dong have created a firm foundation for development and gained benefits from trading.
The International Monetary Fund (IMF) appraised the nation’s efforts in stabilizing the macro-economy and economic restructuring, especially in terms of banking.
The World Bank supposed that actively negotiating and signing Free Trade Agreements (FTA) will help Vietnamese businesses expand markets for exports and imports and people get access to various kinds of commodities.
Bloomberg acknowledged that political stability, favorable location, young population and competitive prices in workforce are advantages for Viet Nam to attract more foreign investment in the future.
They suggested that Viet Nam should bring into full play its development forces in the whole society by improving the business environment and competitiveness and giving priority to the quality of growth.
In addition, the nation needs upgrading infrastructure, public services and administrative procedures.
During his working visit to Viet Nam, IMF Deputy Managing Director Mitsuhiro Furusawa proposed the nation continue to reform the banking system, State-owned enterprises, stabilizing the macro-economy and sustainable development.
Viet Nam should improve the business and investment environment, facilitate domestic enterprises' approaches to increase competitiveness, strengthen production capacity and create value-added products to expand markets as well as communicate advantages and disadvantages of the FTA in service of the whole business community and people.
Source: Chinhphu.vn
