Taking stock [electronic resource] : An Update on Vietnam's Recent Economic Developments.

By: World Bank GroupContributor(s): World Bank GroupMaterial type: TextTextSeries: Economic Updates and Modeling | World Bank e-LibraryPublication details: Washington, D.C. : The World Bank, 2018Subject(s): Economic Growth | Export Competitiveness | Fiscal and Monetary Policy | Foreign Direct Investment | Infrastructure | Macroeconomics and Economic Growth | Monetary Policy | Public Debt | Remittances | Trade | Trade FacilitationOnline resources: Click here to access online 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.
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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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