UN commission praises nation's economic progress
The report says not only have there been attempts in Vietnam to create a positive environment for investment, but the government is also trying to extend the benefits of economic growth to the wider society by investing in education, health, drinking water and electricity in rural areas.
The report aims at reviewing the macroeconomic implications of the 2005-2006 global economic slowdown on various economies in the Asia Pacific region.
It highlights the risks to
The survey says although the costs of containing the disease has so far been limited to about 0.1% of Vietnam's gross domestic product (GDP), individual government initiatives need to be supplemented with regional co-ordination given the cross-border nature of the threat.
It also warns that a slight slowdown in growth is expected in 2006 because of the avian influenza outbreaks as well as competition from
The report suggests that the government must continue to strive for development through a combination of macroeconomic prudence and strong investment in physical, social and human assets, so that the pace of progress can be maintained and its fruits shared more equitably.