EU Commercial Counselors Report on Vietnam 2010 released
Tue 13 Jul 2010EU Commercial Counselors’ Report on Vietnam 2010 released - Challenges to continue for Vietnam in 2010:
Vietnam achieved strong economic resilience in 2009 and early 2010, but its big challenges are expected to continue this year, says the "2010 EU Trade Counselors’ Report," or Green Book 2010, which was launched last week. The annual report is jointly produced by Delegation of the European Union to Vietnam and the Hanoi-based embassies of EU member states.
It says Vietnam successfully weathered the global economic crisis whose negative impact, albeit partially mitigated by appropriate government action, will continue to be felt throughout the year 2010. In 2009 and early 2010, Vietnam's biggest challenges were seen to be imbalance of national accounts, inflation and trade deficit.
For the year 2010, Vietnam is suggested to focus on spurring its competitiveness, requiring vision and commitment from authorities for a massive overhaul of its state industrial sector and a resumption of the privatization process.
Please see the GreenBook 2010 here:
It says Vietnam successfully weathered the global economic crisis whose negative impact, albeit partially mitigated by appropriate government action, will continue to be felt throughout the year 2010. In 2009 and early 2010, Vietnam's biggest challenges were seen to be imbalance of national accounts, inflation and trade deficit.
For the year 2010, Vietnam is suggested to focus on spurring its competitiveness, requiring vision and commitment from authorities for a massive overhaul of its state industrial sector and a resumption of the privatization process.
Please see the GreenBook 2010 here:
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