Higher quality in newly promulgated legal documents and laws in terms of practicality and feasibility are reasons for a significant less number of circulars issued at ministerial-level agencies in 2020.
Administrative reform and higher quality of legal framework will be key for Vietnam to enhance efficiency in economic development and integration.
It is not a coincidence that a strong economic growth period happened when the local stock market was setting new records.
Vietnam is currently home to nearly 800,000 operational enterprises, 98% of which are small and medium ones.
Pressure from high GDP target in 2021 is expected to help the Vietnamese government to create breakthroughs for growth in subsequent years.
In the process of economic development, Vietnam must focus on enhancing the growth quality and push for economic restructuring, Prime Minister Nguyen Xuan Phuc has said.
Vietnam has successfully attained the dual target of both containing the pandemic and boosting economic recovery, Prime Minister Nguyen Xuan Phuc has said.
Vietnam’s good economic performance comes from the resilience of both domestic economy and foreign trade.
In 2020, the city has achieved or surpassed 16 out of 22 major socio-economic development targets.