Doing Business indicators have been improving significantly since implementing Resolution 19 Strengthening economic growth Improving the business environment and strengthening economic growth have been the top priorities of the government in recent years. The Vietnamese government has taken many actions, noticeably the issuance of different versions of Resolution 19 on improving the business environment and national competitiveness. This is an effort to create a strategic institutional transformation with the main focuses on regulatory and administrative reforms and the improvement of the business environment. “Resolution 19 sets out the very first improvement goals for business environment and national competitiveness in terms of global rankings, as well as develops our policy-making and policy implementation in line with international practices,” Deputy Minister of the Planning and Investment Nguyen Van Trung emphasised. “This is the new approach of the government, which have been highly appreciated and supported by the domestic and foreign business communities. This approach also engages enterprises in the implementation process, as well as help Vietnam measure and monitor improvements, determine development gaps between the domestic business environment and national competitiveness and those of regional and global economies,” added Trung. Vietnam’s efforts to improve the business environment in recent years have yielded… Read full this story
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