Vietnam should reduce dependence on FDI firms in value chains: economist

Vietnam should reduce dependence on FDI firms in value chains: economist

Vietnamese enterprises should become self-reliant and reduce their dependence on foreign invested peers in developing supporting industries and integrating into value chains, said eminent economist Nguyen Dinh Cung.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese enterprises need assistance to survive: economist

Vietnamese enterprises need assistance to survive: economist

Vietnamese businesses are facing unprecedented difficulties, and many are being forced to tighten spending to survive. The government needs to reduce costs for businesses such as waiving and reducing interest rates, fees, and taxes to help them stay afloat, said Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Don't be too optimistic about 2022 growth figures: economist

Don't be too optimistic about 2022 growth figures: economist

Vietnamese regulators should not be over-optimistic as GDP growth rates in Q3 and the whole year of 2022 are only temporary and difficult to maintain until 2023-2024, says Nguyen Dinh Cung, former director of the Central Institute for Economic Management (CIEM).

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7