Gov’t looks to more competitive economy

According to Decision 1914/QĐ-TTg dated on October 19, 2010, the Government chief requested his inferiors to conduct ten solutions including (1) stabilizing macro-economy; (2) perfecting quality of human resources; (3) developing infrastructure; (4) shifting economic structure towards advantageous industries; (5) expanding economic zones and industrial parks; (6) attracting more foreign investment; (7) boosting business network; (8) utilizing natural resources and minimizing environmental impacts; (9) enlarging input materials such as labor, capital and land; (10) and pursuing administrative reforms. 

The PM requested the Ministry of Planning and Investment (MPI) in collaboration with the Ministry of Industry and Trade to select around 10 industries to be restructured for higher competitiveness.

The National Steering Committee for Enterprise Reform will be in charge of composing a plan to perfect operation of State-owned enterprises prior to October 2011.  

The MPI was assigned to map out a national competitiveness report for submission to the Government before December 2010./.

By Kim Loan