Despite significant gains in the last decade, Viet Nam’s infrastructure lags regional peers such as Indonesia, Malaysia, and Thailand. Partnering with the private sector will help close the gap.
Viet Nam’s water sector is promising for investors but a bold reform agenda is needed to connect private capital to this crucial public service and unleash the development and economic growth that will follow.
Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience and soundness.
As the region builds back from the pandemic, now is the time to invest in knowledge management. The investment will pay off with interest over the long term.
The COVID-19 pandemic has created opportunities for a fairer, more robust and more efficient tax revenue and spending system.
Paper-based trade is a drag on the efficiency of the global trading system. Digitization will make trade and supply chains more robust, and the world more secure.
Companies deploying Fourth Industrial Revolution technologies, and investing in reskilling and upskilling for digital occupations, are likely to recover faster from the impact of the pandemic.
Strong remittance inflows should be used as an opportunity to strengthen the systems that help overseas workers and their families back at home.
On many levels, women in Viet Nam fare better than women living in countries at a similar level of economic development. Still, women-owned businesses face disproportionate barriers.
To respond to the challenges of the pandemic and deliver services effectively, a professional civil service needs to build the values, culture and skills required to respond to complex demands and challenges.