Welcoming the world’s top economist Michael Porter, PM Nguyễn Tấn Dũng appreciated the latter’s valuable ideas for Việt Nam’s socio-economic development strategy for the next decade. 

The Government chief said that Việt N am

PM Nguyễn Tấn Dũng (R) welcomes professor Michael E. Porter, Hà Nội, November 30, 2010 - Photo: VGP/Nhật Bắc

Professor Michael Porter suggested that the Southeast Asian country should set up a national competition council responsible for supervising, analyzing and evaluating competition policies. 

He also praised the country’s outstanding achievements during the past years of innovation and said that his suggestions aim at improving Việt Nam’s competitiveness, human resource quality, and business restructuring.

Việt Nam needs a long-term economic strategy with good combination of law-making and institutional reforms, the professor said.

Earlier on the same day, Professor Michael Porter introduced the National Competitiveness Report prepared by himself and attended an international seminar. 

Michael E. Porter is a leading author on competitive strategy, the competitiveness and economic development of nations, states, and regions, and the application of competitive principles to social problems such as health care, environment, and corporate responsibility. 

He is actively involved in assisting governments in the United States and abroad. He plays an active role in U.S. economic policy with the Executive Branch, Congress, and international organizations. Professor Porter is a founding member and member of the Executive Committee of the Council on Competitiveness.