CIEM

Update news CIEM

VN needs fair competition, say officials

 Viet Nam needs a comprehensive competition policy to ensure fair competition in the market economy, said Nguyen Dinh Cung, director general of the Central Institute for Economic Management (CIEM).

Businesses still suffer even with higher GDP growth rate, low inflation

VietNamNet Bridge - Although the GDP growth rate is high and the inflation rate is low, both people and businesses are facing difficulties, economists say.

Vietnam business climate improvement still slow

Though Vietnam’s ranking in the World Bank’s Doing Business 2016 report is up, the pace of its business climate improvement remains slower than in other regional countries.

Most ministries and branches disobey government’s resolution

VietNamNet Bridge - Organizations that supervise the implementation of the government’s Resolution No 19 on improving the business environment said that heads of ministries and branches had disobeyed the government’s request.

Low-income earners burdened by high fees

VietNamNet Bridge - Vietnamese now have to spend 21.4 percent of their total monthly living expenses, according to Numbeo, the database on living costs.

Experts identify challenges by 2035

 VietNamNet Bridge – Local and foreign experts have projected Vietnam could face high socio-economic risks by 2035 while other countries in Eastern Asia may have made breakthroughs.

VN needs to improve productivity rate, lags behind regional countries

VietNamNet Bridge - Economic institutions have in the last month have repeatedly warned about the low productivity rate in Vietnam compared with other regional countries.

Too many rules hamper business

The business climate in Viet Nam suffered from many inadequacies and shortcomings that hindered development and global integration of Vietnam-ese businesses, said Nguyen Dinh Cung, director of the Central Institute for Economic Management (CIEM).

Will a cooler China economy affect Vietnam?

VietNamNet Bridge - The turmoil in the Chinese stock market has raised concerns about the possible cooling down of the Chinese economy, which could influence the world’s economy, including Vietnam.

Clear rules needed to govern prices of infrastructure project transfers

Nguyen Dinh Cung, president of the Central Institute for Economic Management, talked to local reporters about the transfers of operation rights to airports and seaports on the sidelines of the institute’s recent workshop in Hanoi.

Economic restructuring ‘too slow'

 VietNamNet Bridge – Although economic restructuring has been recognised as a vital task, the process remains slow and requires greater efforts for a more comprehensive outcome, according to experts.

Ministries propose more barriers for businesses

VietNamNet Bridge - Ministries and branches are tending to be more abusive in their power when setting up numerous business conditions, thus severely distorting the Vietnamese business environment, experts have said.

Experts: Reform now or 10 years later

 There are currently opportunities for Vietnam to embrace stronger reforms to fuel economic growth; otherwise, the country will have to wait 10 more years to do it, economic experts said at a recent seminar in Hanoi.

Nearly half of rural people say unhappy

VietNamNet Bridge – Up to 42% of people in rural areas say they are unhappy with current living conditions, largely due to low income, according to a survey conducted by the Central Institute for Economic Management.

Heavily indebted businesses given a kiss of life

 VietNamNet Bridge – A lot of enterprises, which were over head and ears in debts, have unexpectedly announced they have escaped from the debt burden worth trillions of dong.

Experts skeptical about transfers of ailing SOEs

VietNamNet Bridge – Local experts during a meeting on Wednesday said that the transfer of ailing State-owned enterprises to other sound SOEs will only see problems of the enterprises spreading widely instead of giving the firms proper therapy.

Gov’t should have fewer duties, say experts

 VietNamNet Bridge – The Government needs to adjust many of its roles and functions if wanting to achieve a healthier socioeconomic development, experts recommended at a conference held in Hanoi on Thursday.

WTO membership fails to stimulate economic growth

VietNamNet Bridge – Economic growth has been lower than expected since Viet Nam joined the World Trade Organisation (WTO) in 2006.