Vietnam is making significant strides toward transforming its energy sector by fostering a competitive and sustainable market to meet the nation’s socio-economic development demands.

After nearly 40 years of "Doi moi" (Renewal), the State-run economic sector has developed strongly, contributing significantly to building and safeguarding the Fatherland, maintaining macro-economic stability and boosting socio-economic development, an official from the Vietnam Institute of Economics (VIE) told a workshop in Hanoi on July 10.

Amid difficulties in the world market, greater attention should be paid to promoting the domestic market, one of the "healthy" pillars at present of the economy, to boost growth, according to Prof. Dr. Bui Quang Tuan, Director of the Vietnam Institute of Economics.

A scientific workshop to review the implementation of socio-economic recovery and development programme was held in Hanoi on December 22 by the Vietnam Institute of Economics under the Vietnam Academy of Social Sciences, in collaboration with the Australian Embassy in Vietnam through the Australian Alumni Grants Fund (AAGF), administered by Aus4Skills.

The Vietnam Institute of Economics (VIE) on November 16 held a webinar named “Blue economy: Opportunities, challenges and solutions for sustainable development”, aiming to seek ways to develop the sea-based economy, build the blue economy, and ensure harmony between socio-economic development and environmental protection.

The country’s real estate market has seen positive signs for recovery following the economic reopening, experts said.

Building credibility is key to the development of e-commerce, experts told a seminar held by the Vietnam Institute of Economics (VIE) in Hanoi on June 2.

Scientists gave opinions on the country’s socio-economic development strategy for 2021-2030 with a vision towards 2045 during their meeting with the subcommittee on socio-economic affairs of the 13th National Party Congress in Hanoi on May 13.

Director of the Vietnam Institute of Economics Tran Dinh Thien has called for taking new approach to energy strategy, with saving energy in production and consumption as compulsory.

Five Vietnamese think tanks have been ranked in the top 100 think tanks in the Southeast Asia and Pacific region in the 2017 Global Go To Think Tank Index Report.

Only 21 percent of Vietnamese workers are provided with training. Meanwhile labour productivity is low. The information was released at a seminar on enhancing the quality of Vietnamese workforce in

Vietnam needs to change the mindset on and approach to energy strategy, while considering energy saving in production and consumption as a must instead of a choice, said an expert.