Solutions to perfect development institutions in Vietnam
DOI:
https://doi.org/10.5377/reice.v12i24.20054Keywords:
solution , institutions, development, building, market , legal, VietnamAbstract
Vietnam belongs to the group of developing countries with the fastest-growing economy in the world, so building institutions and supplementing legal regulations plays a vital role in planning the country's economic and social development strategies. To have a good institution, improving institution quality, and capacity to develop policies and propose feasible solutions is necessary and needs to be prioritized first. This research aims to analyze and clarify the basic solutions to improve development institutions in Vietnam today. In the current condition of Vietnam, the Vietnamese Government continues to prioritize and focus on perfecting institutions, amending and supplementing the legal system, especially newly arising practical issues, adjusting to remove obstacles in mechanisms and policies, creating favorable conditions for socio-economic development, which are urgent in the context of integration. The content of the article also points out and analyzes the role of development institutions in Vietnam today; what are the issues raised for perfecting development institutions in Vietnam today?; and solutions to perfecting development institutions in Vietnam today. Accordingly, the problems posed for perfecting development institutions in Vietnam today are clearly expressed in the following points: Institutions innovation has a broad set, depending on many different conditions and circumstances; Political institutions innovation is still slow compared to economic institution innovation; In the development of society, institutions related to policies of promoting competition will narrow the scope of authority and influence of state management agencies; The synchronization between political, cultural and social development institutions has not kept pace with economic development institutions and integration institutions. The solutions to focus on will be: perfecting democratic practice institutions; continuing to innovate thinking about building development institutions; Strengthening the legal framework for digital economic and creative urban development institutions; Raising awareness and understanding of sustainable development institutions. The limitation of this article is that it has not pointed out and analyzed the factors affecting the improvement of development institutions in Vietnam today.
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