short and long term
One year after Vietnam officially joined the WTO, the first comments of many experts are now career-both domestic and foreign - made the most of the opportunities offered by this event offers. However it seems now the only country concerned about the short-term opportunity: from abundant capital, not too difficult to mobilize projects primarily aimed at the immediate interests. The most obvious trend is the race established securities company, including the companies that do not pertain to the financial markets. Not to mention this is confirmed short-term or long-term vision, but other prominent trend is the establishment of this group reaching out to other areas away from areas where they once used to. Anyway the expansion activities are also an expression of the immediate advantage of opportunities.
Meanwhile, as the opinions of many respected writers in the economic field, the challenges are long More and more limited urgent - because not soon resolved, we will become a barrier to economic benefits that Vietnam can get as a member of the WTO.
The analysis of the benefits, the loss of work in the WTO, previously many economic researchers and officials said that the WTO will help Vietnam expand export markets which are not subject to discrimination when they are not yet members. Looking back at the growth exports, GDP growth rates and many other criteria, apparently a year in the WTO does not help us much improved in this respect. The WTO brings vibrant due evident than in the domestic market, as imports increased, foreign investments, including direct and indirect, rapid inflow. The business environment also improved gradually under pressure to change economic institutions consistent with international practices.
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