U.N. urges a new direction
Article Abstract:
A UN report says that Vietnam's existing incentives, regulations and systems for resource allocation are hindering the development of the country's economic growth. The report also says that Vietnam's economic policies may divert investments into the wrong sectors which could result in a heavier debt burden. The report urges Vietnam to focus on developing a competitive export industry to sustain its high rates of growth.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Vietnam official protests from within
Article Abstract:
Vietnamese Prime Minister Vo Van Kiet capitalized on the opening session of the country's legislature to decry Vietnam's inefficient and corrupt legal system. Kiet noted that the legal system's inadequacies and its poor tax collection mechanisms have contributed to the Vietnam's economic difficulties. He urged the legislature to adopt reforms to enhance the legal system and social security framework.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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