Modern Diplomacy
Published 2 months ago
The 13
th National Party Congress of Vietnam concluded in February 2, and outlined the need for further reforms to make it a developing economy and a promising destination for foreign direct investment. In the year 1986, the
Doi Moi economic reforms programmes were initiated. This paved the way for further reforms in the equity markets and disinvestment of the state-owned enterprises. Before the 13th party Congress in the period between 2016-2020, the Vietnamese economy has done remarkably well. This includes economic growth of 6.2 per cent in the year 2016 under which industrial output and construction were the two sectors which showed 7.6 per cent growth. The trend continued for the next five years.
13 Jan in 2:00 Modern Diplomacy
Naseem Javed, a corporate philosopher, Chairman of Expothon Worldwide; a Canadian Think tank focused on National Mobilization of Entrepreneurialism Protocols on Platform Economy and exportability solutions, reasons about globalization in the world in his article
Hijacked by shortsighted pirates, stealing local grassroots prosperity to build overseas deals, destroying their own middle-classes and small medium business economies across the Western World, the nobility of the term “globalization” was lost in slow motion drama during last decades, cheered by the local national leaderships of the period as an era of the greatest economic boom, ever. Ignored was the optimization of untapped local entrepreneurial forces to uplift small medium business economies. Destroyed was the upskilling of working citizens for global competitiveness as economic forces, today, limping economies, in the shadows of Pandemic Recovery, the decimated factories and de