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Update news Tran Dinh Thien
Professor Dr. Tran Dinh Thien, a member of the Government Economic Council talks about the important role of private economy in national economic development.
2020 is a special year for Vietnam because of the 4.0 industry revolution and Covid-19 outbreak.
Over the last 10 years, Vietnam’s private enterprises have not developed t their great potential.
The tentative total investment for the North-South high-speed railway, according to the Ministry of Planning and Investment, is about $26 billion, $32.7 billion less than the previous proposal by the Ministry of Transport.
Vietnam is following an export-based growth model, striving to become a production base for multinational groups.
VietNamNet Bridge - For a small-scale economy, high growth rates will not be enough to create big value, according to economist Tran Dinh Thien.
VietNamNet Bridge - The link among economic and industrial areas in the Central Region Key Economic Zone remains very weak after 10 years of development.
The head of the Vietnam Economics Institute, Tran Dinh Thien, is not optimistic about the foreign invested enterprise sector (FIEs), though it is considered the brightest spot in the economy.
Vietnam has 30.5 civil servants for every 1,000 people, a high proportion compared with other regional countries such as Indonesia (17.64), the Philippines (13.02) and Singapore (25.69).
VietNamNet Bridge - The unexpected jump in the GDP growth rate in the third quarter of the year remains controversial.
Economists have warned that if natural resource advantages cannot be exploited well, they will end up becoming critical disadvantages in the central region, hindering economic development.
VietNamNet Bridge - The Prime Minister’s advisory team includes 13 members who are experts in many business fields.
The recent incident in which two Chinese contractors suddenly abandoned their contracts in VN has aroused great concern. VietNamNet talks with Tran Dinh Thien, Head of the Vietnam Economics Institute, about this issue.