According to the Doing Business 2018 Report, released on October 31st 2017, Vietnam has continued to improve its business environment and the country is narrowing the gap with the global regulatory frontier. Vietnam ranks 68 out of 190 economies on the Ease of Doing Business, up from rank 82 in last year’s report.
Vietnam is placed among the top five performers in ASEAN, but it continues to score below Singapore (2nd), Malaysia (23rd), Thailand (46th) and Brunei (56th). It is important to note that some of the improvement in Vietnam’s ranking (9 out of 14 rank points) is due to changes in the Doing business methodology.
Join EuroCham and our guest speaker Mr. Brian Mtonya, a Senior Economist in the World Bank Vietnam Office – to get an insight on 5 major reforms that Vietnam has achieved: Getting Electricity, Getting Credit, Paying Taxes, Trading across Borders; and Enforcing Contracts and also aspects need to be improved