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Nguồn là đây
Vietnam: many targets, few tactics
October 26, 2010 4:09pm | Share
Cheap labour lies behind Vietnam’s impressive growth, which has averaged 7 per cent a year over the last decade. Shoe and garment producers have settled in the country, and more manufacturers are arriving, attracted by wages that are a third of those in China.
The government, however, is not satisfied. It says the country must shift from a reliance on low-cost exports, and improve productivity and competitiveness. But, without practical policies, such talk is as cheap as Vietnamese labour itself.
Vietnamese officials are schooled in Soviet-style planning and targets. So prime minister Nguyen Tan Dung issued a directive last week calling on officials to institute ten simple measures to boost the competitiveness of the economy:
(1) stabilising macro-economy;
(2) perfecting quality of human resources;
(3) developing infrastructure;
(4) shifting economic structure towards advantageous industries;
(5) expanding economic zones and industrial parks;
(6) attracting more foreign investment;
(7) boosting business network;
(8) utilising natural resources and minimising environmental impacts;
(9) enlarging input materials such as labor, capital and land;
(10) and pursuing administrative reforms.The list might be an attempt by Dung to show his initiative, ahead of the Communist Party’s next congress, where the top leadership posts and policies for the following five years will be decided. Dung may face a battle to keep his own job.
Yet wishlists are of only limited use. Vietnam’s motto for its chairmanship of the Association of Southeast Asian Nations this year is “from vision to action”. That should apply not just to diplomacy, but to domestic economic policy too.
Related reading:
Vietnam: SOEs still too big to fail, beyondbrics
