Vietnam needs to develop ‘national corporations’ as force to drive growth

Good progress: A worker harvests flowers at a nursery in My Tho, Vietnam. The country’s economy is likely to grow 6.3% in the first quarter and at a faster clip of 6.5% in the April to June period. — Bloomberg

HANOI: Vietnam needs to promote the development of national corporations as an important force to drive economic growth, experts say.

Developing enterprises, including large corporations, have been considered an important solution to improve production capacity and build an independent and autonomous economy.