Despite tremendous improvements in the last few decades, the environment to do business in Vietnam, and many Asian countries remain complex and challenging. Social progresses and environment norms in many cases lag far behind the business and economic boom in many of the countries in the region. Inequality is growing and poverty reduction is slowing down. These development issues remain and need to be addressed by innovative and tailor-made solutions which can fit to and work in the local contexts. Born ...

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[6 Jan 2020]— Vietnamese businesses should prepare to deal with potential trade barriers that could arise early next year when the historic EU-Việt Nam Free Trade Agreement (EVFTA) takes effect, experts have said. Phạm Bình An, director of the HCM City International Integration Support Centre, said the EVFTA trade deal was expected to increase Việt Nam’s GDP by 4.3 per cent by 2030, and exports to the EU could surge by about 44 per cent by 2030.

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The study “Vietnam Private Sector – Productivity and Prosperity” is implemented with an aim to give an overview of the private sector in Vietnam, the constraints, challenges, and opportunities facing the sector. The study is implemented with support by the Mekong Business Initiative (MBI). In 2017, the Resolution of the 5th plenum of the 12th Party Central Committee was issued, affirming the need to promote the private sector to be the driving force of Vietnam’s socialist-oriented market economy...

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