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Taking stock : An Update on Vietnam's Recent Economic Developments.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Economic Updates and Modeling.
World Bank e-Library.
Economic Updates and Modeling
Language:
English
Subjects (All):
Economic Growth.
Export Competitiveness.
Fiscal and Monetary Policy.
Foreign Direct Investment.
Infrastructure.
Macroeconomics and Economic Growth.
Monetary Policy.
Public Debt.
Remittances.
Trade.
Trade Facilitation.
Local Subjects:
Economic Growth.
Export Competitiveness.
Fiscal and Monetary Policy.
Foreign Direct Investment.
Infrastructure.
Macroeconomics and Economic Growth.
Monetary Policy.
Public Debt.
Remittances.
Trade.
Trade Facilitation.
Other Title:
Taking stock
Place of Publication:
Washington, D.C. : The World Bank, 2018.
System Details:
data file
Summary:
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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