The Hanoitimes - Over the last five years, the USAID GIG program has supported the development of 25 laws and 50 regulations based on evidence and best practices.
Today, the United States Agency for International Development (USAID) and Ministry of Justice (MOJ) hosted an event to mark the completion of the USAID Governance For Inclusive Growth (GIG) program.
US Ambassador to Vietnam Daniel J. Kritenbrink, USAID/Vietnam Mission Director Michael Greene, and Vietnam's Vice Minister of Justice Nguyen Khanh Ngoc opened the event.
It was attended by about 250 representatives from government ministries, business associations, social organizations, international organizations, and news agencies.
The USAID Governance for Inclusive Growth program, with a planned budget of US$44 million, worked with the public and private sector in Vietnam to address key reform issues on trade and economic growth, with an emphasis on improving the legal and regulatory environment, systems of accountability, and inclusive growth that benefits all citizens in Vietnam.
Operating under the leadership of the MOJ, USAID collaborated with the Ministries of Finance, Planning and Investment, Industry and Trade, as well as the National Assembly and State Audit of Vietnam to implement the Government of Vietnam’s reform priorities.
Over the last five years, the USAID GIG program has supported the development of 25 laws and 50 regulations based on evidence and best practices. USAID has also supported Vietnam to improve its economic competitiveness by reducing business regulations and improving coordination among ministries, helping Vietnam to improve its ranking in the World Bank’s Doing Business Report, which has risen from 91 to 69 in the past three years.
In addition, USAID has provided forums for citizens, civil society organizations, business associations, universities, media, and others at the central, provincial, and community levels to provide input to improve the quality of laws and regulations.