Ways to ensure sustainable economic growth in mid term sought
Removing business barriers, clarifying responsibility of management units and dealing with bad debts are among solutions raised at a workshop in Hanoi on June 15.
Hanoi (VNA) – Removing business barriers, clarifying responsibility ofmanagement units and dealing with bad debts are among solutions raised at aworkshop in Hanoi on June 15, aiming to ensure the rapid and sustainableeconomic growth in the mid term.
NguyenAnh Duong from the Central Institute for Economic Management (CIEM), saidVietnam’s economic growth has remained sluggish over the past years, suggestinga close and flexible combination between fiscal year and capital and monetarymarkets.
Itis necessary to take into account the greatest benefits while engaging in theTrans-Pacific Partnership (TPP) agreement and materialsing free tradeagreements in general.
Otherdelegates at the even proposed the Government well implement its commitment tobuilding a facilitating Government that supports businesses.
Theyalso called for efforts to curb with bad deeds like corruption, wastefulnessand group interests to ensure a fair and transparent business environment.
TheGovernment should consistently pursue its viewpoints on sustainable developmentand manage the economy on the basis of market rules, they said.
Dr.Dang Thi Thu Hoai, from the CIEM, said reforming the growth model is an urgenttask to serve the target of rapid and sustainable growth in the context ofintegration.
Sheunderscored the need to identify both opportunities and challenges facing theeconomy.
Hoainoted that it is necessary to improve added values of products, especiallythose belonging to promising sectors, and quality of human resources, lookingtowards higher productivity.
“TheGovernment should take measures to ensure equal access to resources ofbusinesses, avoiding wastefulness, conflicts or overlapping of interests,” shesaid. -VNA
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At the workshop (Source: VNA) 
