Publication: Taking stock: An Update on Vietnam’s Recent Economic Developments
Date
2018-06
ISSN
Published
2018-06
Author(s)
World Bank
Abstract
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.
Citation
“World Bank. 2018. Taking stock; Taking stock : An Update on Vietnam’s Recent Economic Developments. © World Bank, Hanoi. http://openknowledge.worldbank.org/handle/10986/29959 License: CC BY 3.0 IGO.”