NEU Rector Prof. Dr Tran Tho Dat (L) introduces the book presenting assessments of Vietnam’s economy in 2018 (Photo: VNA)
Hanoi (VNA) – A book presentingassessments of Vietnam’s economy in 2018 debuted at the National EconomicsUniversity (NEU) in Hanoi on March 25.
The book was launched during a nationalsymposium on Vietnamese economy in 2018 and prospects for 2019, with theparticipation of many domestic and international scientists and economicexperts.
According to one of the authors, Assoc.Prof. Dr To Trung Thanh, the publication delivers the viewpoints of NEU expertson economic issues throughout the year, serving as a useful reference book for itsreaders and especially policymakers.
The book features assessments on thedevelopment of the Vietnamese economy in 2018 and its prospects for 2019, aswell as analysis on the country’s fiscal policy (including budget collectionand spending, budget allocation, and public debt) and its impacts on theeconomy. It also puts forward solutions towards sustainable fiscal policy,facilitating national economic development.
Participants of the symposium statedachievements and issues of Vietnam’s economy in 2018, as well as opportunitiesand challenges to support policy recommendations in economic management thisyear.
They also proposed suggestions in fiscal reform,aiming to ensure a safe and sustainable national finance, contributing togrowth.
Addressing the event, NEU Rector Prof. DrTran Tho Dat said that in 2018, Vietnam’s economy recorded a growth of 7.08percent, the highest figure in over a decade, while the quality of growth has alsobeen improved.
The development of the national economy isattributable to the processing and manufacturing industry within the foreigndirect investment sector, along with domestic consumption and trade surplus in spending,he added.
However, Dr Dat, a member of the PM’seconomic advisory team, pointed out that improvements to the business climatehave been stagnant, and the private economic sector still faces manydifficulties and obstacles, while fiscal risks have been on the rise, amongothers. –VNA
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NEU Rector Prof. Dr Tran Tho Dat (L) introduces the book presenting assessments of Vietnam’s economy in 2018 (Photo: VNA) 
