Vietnam Assessment: Creating a Sound Investment Climate
Psychology Press, 1996 - Political Science - 122 pages
Vietnam embarked on doi moi or 'renovation' of its economy in 1986. Since then, its economy has made a dramatic turnaround, achieving a low-inflation sustained growth for most of the 1990s. However, even at the current high interest rates of growth, it will still take Vietnam some 15 years to reach the standard of living that Indonesia currently enjoys. Furthermore, decades of sustained growth will require higher rates of investment than in the past, as excess capacity created under central planning is being utilised. A sound investment climate is essential for the fulfilment of Vietnam's ambitions to catch up with other rapidly growing countries in the Asia-Pacific region. An understanding of how to achieve such a climate in Vietnam is essential to an assessment of the country's prospects now and into the 21st century.
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Economic developments and prospects
Policy reform and the microeconomic
Politics of the reform of state institutions in
Foreign direct investment in Vietnam
An Australian case study
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administrative reform agricultural areas Asian assets AusAID Australian companies central government central planning chairperson Chuc Nha Nuoc Cong San contracts crops Doan Ket doi moi domestic economic reform enforcement enterprises established farmers fertilisers finance foreign direct investment foreign investment Foreign Investment Law foreign law firms government agencies growth hanh chinh Hanoi import income increased individual farm households Indonesia industries inputs institutions investment in Vietnam investment incentives investors joint venture labour Land Law land use rights liberalisation long-term macroeconomic Mekong Delta million Minh City Ministry negotiations Nguyen Kim Nguyen Tri Khiem Nhan Nhan Dan operating in Vietnam organisations output People's Committees People's Council political production property rights provincial Red River Delta regions regulations rural socialist SOEs Table Tap Chi Cong tax holidays tax rate trade transfer Update Conference Vietnam Economic Research Vietnamese partner World Bank
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