Publication: Taking stock: An Update on Vietnam’s Recent Economic Developments
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2018-06
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2018-07-10
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The report examines economic developments in Vietnam in 2018, including its strong trade performance, increased FDI inflows, and public debt stabilization, among others. It also includes a special section on the government’s efforts to reduce trade costs and enhance competitiveness. A four-pillar integrated program on trade facilitation and logistics, is outlined. It includes : 1) Promoting trade facilitation by simplifying customs and specialized management regulations; (2) Enhancing efficiency of trade-related infrastructure and the quality of connectivity; (3) Building a competitive logistics service sector; and, (4) Strengthening interagency coordination and partnership with the private sector. It is intended to reduce non-tariff costs, thereby further boosting export-led growth, improving the business environment, and enhancing competitiveness.
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“World Bank. 2018. Taking stock: An Update on Vietnam’s Recent Economic Developments. © World Bank. http://hdl.handle.net/10986/29959 License: CC BY 3.0 IGO.”
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