VGP – Viet Nam has been viewed as deeply integrating into the global and regional value chains. The nation needs to make more efforts in economic restructuring and pour more investment in domestic production.
Photo: VGP/Huy Thang
The World Bank’s Lead Economist for Viet Nam Sandeep Mahajan made that statement at a press conference on East Asiaand Pacific Economic Update on October 6.
According to the report, Viet Nam’s economic growth rate is estimated to reach 5.4% in 2014.
Viet Nam, China, Malaysia and Cambodia have chances to increase exports, which show their deeper integration into the global and regional value chains.
The WB economist suggested popularizing more information about privatization, strengthening transparence for the finance and banking systems and reducing negativeness in State-owned-enterprises and audit reports.
By Thuy Dung
Đăng ký: VietNam News
