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Wed, 04/03/2024 - 10:34
Submitted by maithuy on Tue, 03/29/2011 - 19:10
A seminar was held in HCM City on March 29 by the Ministry of Planning and Investment to assess the impact of the international economic integration on the national economy three years after Vietnam joined the World Trade Organisation (WTO).

Participants presented reports on the process of Vietnam’s economic integration and its impact on trade, institutions, investment and social affairs.

In his report, Deputy Head of the Central Institute for Economic Management (CIEM), Vo Tri Thanh, pointed out the most positive impacts of international economic integration during Vietnam’s three-year WTO membership which include enhancing confidence about the prospects for economic development, stimulating economic development, expanding the market, boosting exports and attracting more FDI, along with improving human resources allocation and reducing poverty and sharpening business competitiveness.

Other proposals made at the seminar focused on implementing policies for international economic integration, improving the quality of growth, increasing the quality of foreign investment, stabilising the macro economy and developing the financial market.

 

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