A corner of Can Tho city (Photo: VNA) Can Tho (VNA) – Economic reform, in companion with renewing growth model to improve productivity and competitiveness capacity, is a top priority of the Mekong Delta city of Can Tho to realize the goal of global economic integration and sustainable development. Thanks to the city’s drastic measures, the local business environment has become better, making the locality become a magnet for foreign investors. In the first six months of the year, the city granted investment licenses to six foreign direct investment (FDI) projects with a total registered capital of 176.7 million USD. It is now home to 75 FDI projects valued at 1.13 billion USD. However, Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam said that the number of FDI projects is still modest as compared to the country’s average level. Meanwhile, many local businesses are not able to join the global value chain due to their … [Read more...] about Can Tho steps up economic reform for better global integration
Economic reforms in india pdf
Economic reforms in the North lead to higher living standards, better equality (10-10-2007) Party Committee secretary of Vinh Phuc, Tran Dinh Dung, spoke to Dai Doan Ket (Great Unity) newspaper about the province’s socio-economic development strategy. Vinh Phuc Province ranks seventh nationally in terms of industrial production, and second in the north in terms of domestic revenue. How has this been achieved and how are you ensuring that this new-found prosperity is shared equitably. We have concentrated on speeding up the industrialisation process and modernising agricultural production, which we consider our most important task. We have striven to provide the best environment for industry and the service sector. Over the last few years, although farmers have benefited from doi moi (renewal), in terms of income and living conditions, rural areas face many difficulties, such as natural disasters and epidemics. Therefore, farmers need to be given special consideration, in terms of … [Read more...] about Economic reforms in the North lead to higher living standards, better equality
NEW DELHI — Prime Minister Narendra Modi saidon Monday India was becoming the world’s most attractive destination for foreign investors, using his annual Independence Day speech to trumpet sweeping tax reforms designed to spur growth. In an address from Delhi’s 17th-century Red Fort, Modi sought to highlight his government’s achievements, including the recent passage of a landmark tax reform, that have contributed to India’s robust growth during a global slowdown. "Be it the World Bank, the IMF (International Monetary Fund), World Economic Forum or even credit rating agencies, all the institutions of the world have appreciated India’s development," Modi said. "Thanks to India’s continuous reforms and improvement in its laws and systems, a change in its approach -- the world is watching us," he added. "We have improved India’s rank in ease of doing business rapidly. India has become the most favoured nation in the world for foreign … [Read more...] about PM Modi hails sweeping reforms for India’s fast growth
Who Drives Economic Reform in Vietnam’s Provinces? This report is the outcome of a joint project between the Institute of Development Studies (IDS) and the Vietnam Chamber of Commerce and Industry (VCCI). Below is the summary of the report. Vietnam has undergone rapid and far-reaching economic transformation. The decentralisation of certain economic powers from central to provincial government has contributed to this success. This report asks who drives economic reform in the provinces, exploring the role of business and government and alliances between the two. The authors compare two provinces in the North and two in the South, observing how different alignments of interest influence the reform process. The research shows that in those provinces which are making most progress in economic reform, the private sector played an important role. Not against government but with government. There was no formal public-private coalition, but a dynamic existed of proactive government … [Read more...] about Who Drives Economic Reform in Vietnam’s Provinces?
Experts at a Hanoi conference March 24-25 on economic reforms in Vietnam. Photo courtesy of Thoi bao Kinh te Saigon Online Vietnam’s economic growth could shoot to 13.6 percent by 2025 thanks to reforms and tariffs removals brought by the Trans-Pacific Partnership, a Harvard professor said at a Hanoi conference. Prof Robert Z Lawrence from Harvard Kennedy School said the removal of import tariffs to major markets like the US and Japan - and then the removal of technical barriers - will prompt Vietnam to enjoy faster export growth and larger Gross National Product growth than other members. He was speaking at a conference held by Vietnam’s foreign ministry and the United Nations Development Program Monday and Tuesday, Thoi bao Kinh te Saigon Online reported. TPP has entered its final rounds of negotiation between 12 countries, including the US, Canada, Australia, and Japan. Once effective, it will cut import tariffs in the US, the biggest buyers of Vietnam’s leading … [Read more...] about Harvard prof says TPP will boost growth, reforms in Vietnam