World Economy

Vietnam Growth ‘Too Slow’

Vietnam Growth ‘Too Slow’Vietnam Growth ‘Too Slow’

Although economic restructuring has been recognized as a vital task in Vietnam, the process remains slow and requires greater efforts for a more comprehensive outcome, according to experts, Biz Hub reported. The Director of Central Institute for Economic Management (CIEM), Nguyen Dinh Cung, noted at a conference that the economic restructuring process in Vietnam had been progressing at a slow pace. At the conference on the monitoring and evaluation of the implementation of the master plan for economic restructuring, many economists agreed with Cung. The conference was organized by the institute within the framework of the Restructuring for a Competitive Vietnam project. Economist Luu Bich Ho remarked that even after three years, the process remained far from substantial restructuring.