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After 70 years of national building and development and almost 30 years undertaking its reform process, Vietnam’s economy is at a pivotal point. The nation must either implement policies to grow sustainably, or else it will reach a plateau and find itself in a middle-income trap.
After a test run of more than seven years, the e-regulations system has shown the Vietnamese government’s strong commitment to support the investor community, particularly those about to set up business in Vietnam. It helps ameliorate the country’s investment and business environment through the responsible engagement of localities in bettering investor procedure processing.
More foreign invested businesses have embarked on impressive expansion plans to grow their presence in Vietnam.
The government may succeed this year in bridling inflation, but not without some cost to local business performance.
Vietnam Institute of Economics director Tran Dinh Thien expresses concerns about the possible return of inflation when long-term radical measures to restructure the economy have yet to be strongly expedited.
The seemingly simple issue of business names is causing headaches and delays for enterprise registration in Vietnam.
Tata Steel will enter last chance saloon when Ha Tinh People’s Committee asks whether it will pursue its $5 billion integrated steel project.