Việt
The suggestion is similar to the spirit of the socio-economic development strategy for the next decade that the Vietnamese Government is developing.
Việt
The suggestion is similar to the spirit of the socio-economic development strategy for the next decade that the Vietnamese Government is developing.
Background
Presented by well-known professor Michael E. Porter, the father of modern competition theory, the report illustrates all strengths and weak points of the economy.
Mr. Michael E.
Professor Michael E. Porter at the international workshop to introduce National Competitiveness Report, Hà Nội, November 30, 2010 - Photo: VGP
Porter was deeply impressed with the achievements gained by Việt
However, the overall prosperity rate and economic productivity are low. And Việt
The current model is predominated with strong economic structure transformation, which was kicked off with international integration through the full use of advantages like cheap labor.
But Việt
Future strategy
Right after the introduction of the report, a workshop was held with the participation of many professors and senior officials from the Government, the Việt Nam Chamber of Commerce and Industry (VCCI), the World Bank, Intel Việt
Participants agreed that higher productivity, investment efficiency, infrastructure, labor skills, and administrative reforms are the solution.
Mr. Rick Howarth, Intel Việt
Meanwhile, WB’s Country Director Kwakwa suggested the separation of the ownership and business management in State-owned enterprises with more transparency in information disclosure.
Việt