Seminar

Workshop "VIETNAM'S ECONOMIC RECOVERY AND POLICY IMPLICATION"

Co-organised by Konrad-Adenauer-Stiftung Vietnam and Vietnam Institute for Economic and Policy Research

Details

The year 2021 was a challenging year for economic development as well as many businesses operation in Vietnam when they had to maintain production while dealing with disrupted global supply chains. Many difficulties facing local enterprises in 2021 are likely to remain in 2022.

Despites wide vaccination coverage new Covid-19 variants still endanger production and business activities and consequently affect economic growth of Vietnam in 2022, especially the FDI sector and export activities.

Many incentives, economic recovery packages, business-favored policies have been launched to recover the economy. Besides, the Government’s No.2 resolution in 2022, set a target for Vietnam to significantly improve business environment, enhance Vietnam’s position on international competitiveness ranking to keep up with the Fourth Industrial Revolution and increase the resilience of the economy in the new normal. It is expected that the number of new businesses will be increased, the number of bankrupt and dissolved enterprises will be reduced and so does the input costs.

With an aim of evaluating the effectiveness of the Government’s resolution and economic recovery packages, VEPR proposes to implement a policy review comprising a comprehensive report analyzing the effectiveness of the government’s economic stimulants for the Covid-hit enterprises and policy recommendation.  The Report will be about 25 pages with focus on the following issues (but may not be limited to):

  • Reviewing the economy in 2021
  • Analyzing growth engines in 2022
  • Examining the allocation of stimulus package and the targeted sectors
  • Analysing other policies aiming to support the businesses hit hard by the Covid-19
  • The remaining challenges for economic recovery in 2022
  • This will be an independent assessment and discussion of the macro policies for economic recovery and development perspectives for 2022 and further. This is believed to be an important information source for policy makers to prepare for the upcoming challenges.
  • Based on the preliminary research, a policy dialogue with economic experts will discuss macroeconomic policy implications for Vietnam.

Programm

09:00 – 09:15 Opening Session

Dr. Nguyen Quoc Viet

Vice President, Viet Nam Institute for Economic and Policy Research (VEPR)

Mr. Florian Constantin Feyerabend

Resident Representative, Konrad-Adenauer-Stiftung Vietnam

09:15 – 09:40 Presentation Session

Dr. Tran Toan Thang

Head of Industry and Enterprise Economic Forecasting Department, National Centre for Socio-Economic Information and Forecast, Ministry of Planning and Investment

09:40 – 10:40 Panel discussion

Moderator

Dr. Nguyen Quoc Viet, Vice President, Viet Nam Institute for Economic and Policy Research (VEPR)

Mrs. Pham Thi To Hang, Program Manager, KAS Vietnam

 

Commentators:

Dr. Tran Toan Thang

Head of Industry and Enterprise Economic Forecasting Department, The National Centre for Socio-Economic Information and Forecast – Ministry of Planning and Investment

Assoc. Prof. Dr. Vu Sy Cuong

Deputy Head of Financial Policy Analysis Department – Academy of Finance

Dr. Nguyen Dinh Cung

Senior Economic expert, Former Director of the Central Institute for Economic Management (CIEM)

Assoc. Prof. Dr. Ngo Tri Long

Senior Economic expert, Vice-Chairman of the Planning and Investment Council of Thanh Dong University

10:40 – 11:10 Q&A session

11:10 – 11:15 Wrapping up and closing

Dr. Nguyen Quoc Viet, VEPR Vice President
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