Making news

Conference discusses economic growth in Vietnam

Can Tho, April 15 (VNA) – The Mekong Times, under the Vietnam-Laos-Cambodia Association for Economic Cooperation Development (VILACAED), organised a conference on measures to boost Vietnam’s economy in 2017 in the Mekong Delta city of Can Tho on April 15.

The discussion brought together authorities, State agencies and businesses from 13 Mekong Delta provinces and cities.

Speakers of the conference, including economic experts and policy-makers, talked various topics related to small- and medium-sized enterprises (SMEs), including the fourth scientific revolution, global market fluctuations in 2017, and new generation free trade agreements.

They fielded questions from participants on preparations for global integration, which could help them reduce risks and consolidate their foothold.

Nguyen Hoang Dung, Research & Development Director at the Ho Chi Minh institute of economics and management, said to seize opportunities and overcome challenges created by the implementation of free trade agreements, Vietnam should strive to reach the average level of national competitiveness of Thailand, Malaysia and Singapore by 2020 and to be among top 30 global competitive economies by 2030.

He listed a number of solutions to realise these goals, including boosting the implementation of the Government’s Resolution No 19 and No. 35 on supporting business development, completing the legal framework for trade and business competition, and enhancing the enforcement of business law.

Participants focused their discussion on SMEs-related State policies, capital sources, human resources, and technology, among others.