• An Giang
  • Binh Duong
  • Binh Phuoc
  • Binh Thuan
  • Binh Dinh
  • Bac Lieu
  • Bac Giang
  • Bac Kan
  • Bac Ninh
  • Ben Tre
  • Cao Bang
  • Ca Mau
  • Can Tho
  • Dien Bien
  • Da Nang
  • Da Lat
  • Dak Lak
  • Dak Nong
  • Dong Nai
  • Dong Thap
  • Gia Lai
  • Ha Noi
  • Ho Chi Minh
  • Ha Giang
  • Ha Nam
  • Ha Tinh
  • Hoa Binh
  • Hung Yen
  • Hai Duong
  • Hai Phong
  • Hau Giang
  • Khanh Hoa
  • Kien Giang
  • Kon Tum
  • Lai Chau
  • Long An
  • Lao Cai
  • Lam Dong
  • Lang Son
  • Nam Dinh
  • Nghe An
  • Ninh Binh
  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
  • Quang Ninh
  • Quang Tri
  • Soc Trang
  • Son La
  • Thanh Hoa
  • Thai Binh
  • Thai Nguyen
  • Thua Thien Hue
  • Tien Giang
  • Tra Vinh
  • Tuyen Quang
  • Tay Ninh
  • Vinh Long
  • Vinh Phuc
  • Vung Tau
  • Yen Bai

WB Country Director talks about VN’s competitiveness

VGP - The World Economic Forum’s latest Global Competitiveness Report used statistics in 2011, leading to Viet Nam’s dropping of 10 notches from last year in its annual ranking of financial and business environment, according to Director of the World Bank (WB) in Viet Nam, Ms. Victoria Kwa Kwa.

September 07, 2012 7:49 PM GMT+7

Director of the World Bank in Viet Nam, Ms. Victoria Kwa Kwa

Interviewed by VTV, Ms. Victoria Kwa Kwa said that the use of the statistics in 2011, when Viet Nam’s inflation rate hit the double-digit figure and its macro issues saw not many positive changes, for the current report resulted in Viet Nam’s lower rankings.
Since 2011, the Vietnamese Government has succeeded in improving macroeconomic situation, curbing inflation at one-digit figure, and making macro issues much better, according to the WB.
However, the WB official also said that Viet Nam should continue improving infrastructure, especially ports and quality of working forces, and reforming many fields, including state-owned enterprises and banks.
According to the Global Competitiveness Report 2011-2012, Viet Nam has been ranked 75th out of 144 nations and territories.
By Ngoc Van