Greater efforts to build a facilitating government
British Ambassador to Vietnam Giles Lever |
Building a facilitating government reflects the Party’s continued efforts in the last 30 years to boost the national growth and prosperity.
Government leaders have repeatedly mentioned “facilitating government” as a motto of action in meetings throughout 2017. These efforts have paid off.
Flexible, proactive management
According to economist Vo Tri Thanh, a facilitating government means a capable, transparent, and accountable government and a government that has good vision and policies. A facilitating government is also a government that is friendly and interactive with society, people, markets, and enterprises and that creates and shares development achievements.
Economist Vo Tri Thanh |
Prime Minister Nguyen Xuan Phuc said, “A facilitating government is a government that creates policies and laws to boost the national growth. Vietnam should provide one of the most attractive business environments in ASEAN and OECD. The facilitating government also aims to serve the people with social security and social welfares, particularly health care, education, sports and culture.”
This year the government has concentrated on reforming institutions and improving the business climate. A number of policies have been implemented creating conditions for businesses to grow. At the same time many investment barriers have been eliminated.
The government has focused resources on localities, enterprises, and sectors that have growth potential. As a result, many projects were implemented earlier than scheduled.
In regard to equitization and divestment, the government focused on selected enterprises like Sabeco and Vinamilk.
Effective framework for Vietnam to advance
British Ambassador to Vietnam Giles Lever said that since the Vietnamese government changed from administrative order to a facilitating government, Vietnam has gained remarkable achievements, particularly in improving the investment environment, streamlining administrative procedures, and promoting e-government. In addition, the government has responded promptly to arising problems.
WB Country Director in Vietnam Ousmane Dione said “As the year comes to close, we would like to congratulate the government’s several important achievements in 2017. Vietnam has witnessed growth and macro-economic stability, low single deficit inflation, stable exchange rates and strengthening international position. I’m also encouraged by progress in several areas of strategic reform, attractive business environment, Nanking sector, public investment as well as fiscal and budget management.”
International donors praised Prime Minister Nguyen Xuan Phuc’s determination to build a facilitating government saying it will boost Vietnam’s growth.
Vice Chairman of the US Chamber of Commerce in Asia James Fatheree said, “I’m impressed with the dynamism of the country, the opportunity here, the commitments the State of Vietnam made and TPP negotiation. Vietnam has been moving in a positive direction in recent years. We applaud the efforts and commitments that have been made and hope to see Vietnam build on its APEC Year to move with further progress in economic reform and opening the market.”
Prime Minister Phuc said the Vietnamese government will continue to build a facilitating government in 2018 with more resolute to boost growth and prosperity.
Related News
Vietnam"s economy to grow by 6.6% this year: OECD
17:45 | 02/04/2023 Headlines
Vietnam posts 3.32% GDP growth in Q1
15:34 | 29/03/2023 Import-Export
Binh Dinh introduces economic, trade potential to Belgian businesses
20:44 | 25/03/2023 Import-Export
Southeastern region to become country’s leading economic engine
19:53 | 11/03/2023 Headlines
Latest News
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
More News
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert
14:10 | 03/04/2023 Headlines
Bright outlook for Vietnamese tourism in new situation
16:52 | 02/04/2023 Headlines
Vietnam, US hold 12th Political, Security, Defence Dialogue
20:25 | 01/04/2023 Headlines
Vietnam calls for comprehensive, all-society approach to waste management
14:32 | 31/03/2023 Headlines
Many factors support foreign capital flow
13:40 | 30/03/2023 Headlines
Foreign SMEs pour capital into Vietnam
13:37 | 30/03/2023 Headlines
Leaders of aviation firms to be disciplined if employees committed wrongdoings
15:38 | 29/03/2023 Headlines
Vietnam - Lao joint border patrol held
15:31 | 29/03/2023 Headlines
Your care
The system has not recorded your reading habits.
Please Login/Register so that the system can provide articles according to your reading needs.
Australian Governor-General wraps up State visit to Vietnam
13:53 | 06/04/2023 Headlines
Vietnam active at UN Human Rights Council’s 52nd session
16:11 | 05/04/2023 Headlines
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM
16:09 | 05/04/2023 Headlines
Việt Nam, US hold 12th political, security, defence dialogue
14:15 | 03/04/2023 Headlines
Private sector remains driving force for economy
14:11 | 03/04/2023 Headlines