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Wednesday, February 8 2023
Tiếng Việt
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Date 15/11/2022-14:32:00 PM
Aus4Reform: Results, lesson learned and future directions
(MPI) - The “Australia-Vietnam economic reform progress (Aus4Reform): Results, lesson learned and future directions” was held in Hanoi on November 15 under the co-chair of Deputy Minister of Planning and Investment Tran Quoc Phuong and Australian Ambassador to Vietnam Andrew Goledzinowski.

Funded by the Australian Government, the Aus4Reform Program aims to help Vietnamese agencies implement their plans to restructure the economy, renovate growth paradigms, and improve the business and investment environment towards boosting workplace productivity and the quality and competitiveness of the economy towards rapid and sustainable development. The program was implemented from November 2017 to November 2022 with a grant of 6.5 million AUD.

MPI Deputy Minister speak at the conference. Photo: MPI

Deputy Minister Phuong said, Vietnam highly appreciated supports of development partners for Vietnam and the Ministry of Planning and Investment (MPI). “Australia’s technical assistance to Vietnamese agencies in general, and the MPI in particular has always been given special attention, because the support has directly contributed to changing mindsets and improving the capacity of local agencies, Vietnamese agencies and officials”, he added.

Australian Ambassador Andrew Goledzinowski spoke highly of the Vietnam-Australia partnership, in which the outcomes of the program are used as a basis for implementing reforms aimed at improving the business and investment environment, enhancing market economy institutions, developing the private sector, strengthening competition and consumer protection institutions, and accelerating the restructure of the rural economy, thereby contributing to improving workplace productivity and economic competitiveness.

Australian Ambassador to Vietnam Andrew Goledzinowski. Photo: MPI

Aus4Reform is the third program of Australia’s decade-long support for Vietnam’s economic reform, including the WTO Post-Accession Technical Assistance Program (2008-2014), a project to support Economic Restructure Towards Enhancing Vietnam’s Competitiveness (2014-2017), and the program Australia Supports Economic Reform in Vietnam (2017-2022).

Along with the process of economic reform and transformation of the country’s growth model, the need for technical assistance in this field will be enormous in the years to come. The outcomes achieved from this program will serve as the basis for building the next Australian support programs for economic reform in Vietnam.

According to a report of the Aus4Reform program, in the 2017-2022 period, the program provided assistance in developing a number of important resolutions (resolution on economic restructuring plan, resolution on improving business environment and enhancing national competitiveness); developing and examining eight draft laws, and other guiding documents; creating a competitive, transparent market and improving the business and investment environment; promoting the restructure of the rural economy; minimising effects caused by economic integration to the rural economy; and increasing the competitiveness of market factors and improving labour productivity of rural areas.

The Aus4reform program has enhanced the voice of the business community in monitoring and implementing the government’s economic reform plans through surveys and reports on the perspective of businesses when realising the business environment reform program. The program also contributed to promoting the active role of business associations in encouraging women’s economic empowerment; and provided information to develop the National Strategy on Gender Equality for 2021-2030 period./.

Bao Linh
Ministry of Planning and Investment

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