Australia supports Economic Reform in Vietnam (Aus4Reform)

AUS4REFORM PROGRAM "RESTRUCTURING FOR A MORE COMPETITIVE VIETNAM"

AUS4REFORM PROGRAM "RESTRUCTURING FOR A MORE COMPETITIVE VIETNAM"

 The Restructuring for a More Competitive Vietnam program (RCV), now called ‘Aus4Reform’, works with the Vietnamese Government to boost productivity and competitiveness in Vietnam. The program supports the development of quality policies, laws, and institutions through advocacy, consultation, and by strengthening the evidence base for economic policies - drawing on international experience and expertise, especially from Australia. Better policies, laws, and institutions enables the private sector and business innovation by both improving the overall business environment and by helping to level the playing field between all businesses. This should particularly benefit SMEs, women-headed firms and other entrepreneurs less-connected to decision makers. A better business environment and more vibrant Vietnamese private sector benefits Australian businesses looking to trade with or invest in Vietnam, while a more prosperous Vietnam will stimulate demand for Australian goods and create more opportunities for two-way investment. 

 

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