Sign in
|
Register
International Edition
Home
Business & Finance
Investing Tools
News
Live Quote:
On
RSS
My Page
|
Contact Us
RSS
Markets
|
Industries
|
Stocks
|
Analysis Reports
|
Expert Ideas
|
World Indices
|
Currencies
|
Commodities
RSS
Company A-Z
|
Stock Screener
|
My Portfolios
|
Streaming Quotes
|
Technical Analysis
RSS
Markets
|
Companies
|
Banking & Finance
|
Economy
|
Real Estate
|
International
Quotes
News
Reports
Investing Tools
Company A-Z
Company Search
Stock Screener
Portfolios
Trigger Alerts
Technical Analysis
Live Terminal
Mobile Tools
Useful Links
My Profile
My Favorites
Monday, April 29, 2024 8:10:43 PM
-
Markets open
VN-INDEX
1,209.52
+4.55/+0.38%
HNX-INDEX
226.82
-0.75/-0.33%
UPCOM-INDEX
88.76
+0.43/+0.49%
Survey finds Vietnamese support move to full-on market economy
Vietnam News - 7/24/2015 10:18:12 AM
(
0 ratings. You must sign in to rate.
)
Print
|
Add To Favorites
|
Email
|
RSS
Vietnamese citizens were pegging hopes on a faster transition into a full-fledged market economy, a majority saying that they vigorously supported the country's market economy model in a survey published yesterday.
The Viet Nam Chamber of Commerce and Industry and the World Bank Group's report, Changing Attitudes toward Market and State 2014, found that 89 per cent of 1,600 participants said they strongly support the market economy model in Viet Nam, 71 per cent support private ownership and 94 per cent want transparency in policymaking and enforcement.
The strong support for the economic transition left 36 per cent of respondents feeling that the economic transition over the past five years wasn't fast enough, 29 per cent, however, felt that it was rapid.
The survey revealed that a modest 19 per cent said they were satisfied with the country's current economic situation, indicating that greater efforts are required to hasten economic reforms. Though, low approval rates are to be expected in times of major transitions.
A considerable majority of respondents, 75 per cent, desired State intervention to stabilise prices of essential goods, up 7 per cent from 2011.
In regards to several public services, however, 99 per cent agreed that the State should allow the private sector to provide public services such as health, education, notary and public transport.
According to Nguyen Dinh Cung, director of the Central Institution for Economic Management (CIEM), Viet Nam should hasten institutional reforms in order to push forward the transition into a full-fledged market economy.
VCCI Director Vu Tien Loc expects the survey's results will serve as a base for policymakers to drive the national economy in the right direction and improve Vietnamese citizens' living conditions.
He added that the survey was merely a reflection of a diverse array of groups, including the business community's feelings and perceptions of the country's transition towards a market economy.
Newer News
24/04
VN's economy forecast to grow by 5.5 per cent in 2024
24/04
EVN seeks PM's solutions for solving challenges in PPA negotiations
24/04
Standard Chartered revised down Việt Nam’s 2024 GDP growth forecast to 6%
24/04
Vietnamese PM outlines three key breakthroughs for ASEAN's path to digital excellence
19/04
VN's exports $25.77 billion to the US in Q1
17/04
Vietnamese airlines boost capacity amid holiday rush despite aircraft shortage
16/04
Private sector contributes 45% of GDP
12/04
Việt Nam’s growth projected at 6% in 2024 with policy adjustment: AMRO
12/04
Public investment projects: big push for construction materials sector
10/04
Việt Nam's exports to India maintain growth momentum
Older News
24/07
Vinalines makes dent in its debt load
24/07
Consumer confidence eases off record high
23/07
Vietnam, Investors Talk Big On Gaming Resorts, But Small Casinos Are Winners
23/07
Finance Ministry gears up to collect tax arrears
23/07
Petrol-pricing scheme unintelligible, experts say
23/07
Import-export revenue hits US$171.67 billion
23/07
Vietnam plans to end EVN monopoly in power market in 2016
23/07
Consumer price index on the increase in major cities
23/07
Shrimp exports forecast to drop this year
22/07
How did Vietnam’s textiles and garments conquer the US market?
Newsletter Signup
*
*
Top Stories
Businesses concerned about rising exchange rate pressure
Gold bar auction to be resumed after 11 years of suspension
PM Chính requires strengthened gold market management
Bank shareholders to receive high dividends, stock bonuses
Shares sustain gains on strong investor confidence
Market Update
HOSE
HNX
UPCOM
World
Last updated at
3:05:00 PM
VN-INDEX
1,209.52
+4.55/+0.38%
Top 5 Actives
Top 5 Gainers
Top 5 Losers
Market Overview
My Favorite Quotes
Recent Quotes
Portfolio Summary
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Current value:
Total gain/loss:
/
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
Choose a sector
Basic Materials
Industrials
Consumer Goods
Health Care
Consumer Services
Utilities
Financials
Technology
Oil & Gas
Telecommunications
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple
Portfolios
to help you better manage your investments.
Trigger Alerts
Get up-to-date
alerts
delivered directly to your email address.
Stock Screener
Allow you to
filter the market
and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME
streaming quotes
for hundreds of stocks from HOSE, HNX and UPCOM exchanges.