Need solutions to improve national competitiveness

Deputy Prime Minister Vu Duc Dam directed at the working session with the National Council on Sustainable Development and Competitiveness Improvement.

In 2013, Vietnam ranked 70/148 countries in terms of competitiveness according to the World Economic Forum. According to the World Bank's report on the business environment, this position is 99/185 countries. Therefore, it is necessary to have a long-term strategy to improve national competitiveness in the coming time. That is the direction of Deputy Prime Minister Vu Duc Dam at the working session with the National Council on Sustainable Development and Competitiveness Improvement, held this morning in Hanoi.

Deputy Prime Minister Vu Duc Dam (Photo: VGP)

Improving competitiveness indexes needs to closely follow 3 strategic breakthroughs (institutions, resources and infrastructure), focusing on priority groups of fields, aiming at world standards; forming in-depth reports on each group and competitiveness index to, on that basis, recommend specific solutions and tasks to the Government and ministries, branches and localities, in order to effectively implement programs and projects to improve national competitiveness.

Deputy Prime Minister Vu Duc Dam suggested: “The immediate stage focuses on improving competitiveness. The Party Central Committee has affirmed three breakthroughs, in which the directly related field is institutional improvement, while human resources and infrastructure - the indicators here of the World Economic Forum are directly related. The WB is mainly related to institutions. I suggest that there must be competitiveness, the issue of how to improve Vietnam's competitiveness globally. This is not a disease of achievements, but an opportunity for development. Our task is to advise the government so that the ranking and points must go up. Some can go up immediately, some will take 10 years to go up, but the goal is to go up.”

Also at the meeting, Deputy Prime Minister Vu Duc Dam and Council members gave specific opinions on the Project to develop a set of indexes and methods to assess Vietnam's national competitiveness; the Council's direction of activities in 2014; reviewed, analyzed, and proposed solutions to improve national competitiveness in 2014./.

According to vov