During his meeting on Wednesday to review the performance of local Party organisations, Da Nang Party Committee Deputy Secretary Vo Cong Tri stressed the need for local relevant agencies to take effective measures to successfully fulfil the city's socio-economic development targets prior to the 21st Congress of the municipal Party Committee which is expected to be held in October.
A laborer of a state-owned bridge building company works at a construction site of a bridge in Hanoi April 1, 2015. In 2014, 66 percent of 9,859 Vietnamese firms surveyed said they usually pay extra informal charges to facilitate business activities while during the previous year, 41 percent of the respondents said they did so, according to the Vietnam Provincial Competitiveness Index 2014. Photo: Reuters
A competitiveness measure report released Thursday paints a tad brighter picture of the business environment in provinces and cities across Vietnam, which is however still marred by unofficial expenses that keep burdening enterprises.
In Vietnam, corruption is a fact of life. From hospital care to land certificates, greasing the wheels of bureaucracy with some hard-earned cash is standard operating procedure. Though many have identified corruption as a biggest threat to the country's economy, things are only getting worse.
The presence of young leaders in three Vietnamese localities that have notched up impressive economic governance rankings in an annual national survey this year could serve as both a magnet for investors and a litmus test for the leaders themselves, analysts say.