In the first two months of the year, rice exports reached 1.3 million tonnes valued at 599.3 million USD, up 5% in volume but down 11.2% in value compared with the same period last year.
A common feature in many successful economies is a fundamental shift in the perception of private enterprises. In countries such as Singapore, Germany, Republic of Korea (RoK) and China, private firms are viewed not mainly as entities requiring strict control but as development partners and key forces generating growth, jobs and innovation.
According to Prof. Carl Thayer, the Vietnamese Government certainly demonstrates a deep understanding of global developments. In the face of geopolitical tensions, Hanoi has preserved economic growth and restated its commitment to the settlement of disputes via diplomatic means.