Update news market economy
VietNamNet Bridge – Minister of Planning and Investment Bui Quang Vinh, in a year-end exclusive interview with the Daily, said market-based reforms must be introduced in 2014 to spur growth, and there is still much room for such transformation.
VietNamNet Bridge – The National Assembly concluded a busy year which included the ratification of a revised Constitution, the Land Law and the Law on Public Procurement. It is expected the new laws will help develop a more liberal economy.
VietNamNet Bridge – It is likely that the European Union (EU) will recognize Vietnam as a market economy when negotiations of the Vietnam-EU free trade agreement (FTA) end.