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Submitted by ctv_en_6 on Thu, 11/15/2007 - 18:20
A local economic management forum opened in Hanoi on November 15 with the participation of 200 delegates from ministries, departments, national institutes and 15 localities across the country.

has focused on decentralized administration with localities actively engaging in economic development. For example, provinces are now eligibale to approve projects worth up to US$40 million.


Giving more power to local authorities requires them to have broader knowledge, higher qualifications and better management skills. However, knowledge, qualifications and ability to access modern methods in economic management remain problematic in many provinces, which is hindering the implementation of reform and badly affecting sustainable economic development.


Doan Ngoc Minh, director of the Business Support Centre in central Quang Nam province said it is difficult for businesses to access administrative procedures, land and government incentives.


Vu Thanh Tu Anh, director of the USAID’s Vietnam Competitiveness Initiative (VNCI) project said decentralized administration will give local authorities more power. However, co-ordination among them is still not effective enough to boost regional economic development. After the signing of agreements, each province manages projects in its own way.


Despite the strong development of the private economy, only a number of provinces have been paying off.


The forum focused discussions on the theme of WTO membership: opportunities, challenges and impacts on decentralized administration and central planning, zoning, land use, decentralized administration and simplification of procedures for business establishment.

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