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FOREWORD

hanks to the reform efforts for growth and development, Vietnam’s economy
showed signs of prosperity and was stable in the 2017-2018 period especially in
T2018 with a “record” GDP of 7.08%. Besides indicators such as Gross Domestic
Product (GDP) growth rate, Human Development Index (HDI), income per capita, etc.,
labor productivity index is considered one of the most important indicators related to the
economic growth quality measurement. Specially, for a developing country like Vietnam,
improving or increasing labor productivity is considered a vital factor to promote the devel-
opment of the country, motivating Vietnam to catch up with the global economy. However,
in recent years, the quality of labor productivity growth in our country has been still quite
low compared to many countries in the region and the world.

In such a situation, in April 2019, Vietnam Report published a bilingual report, Vietnam
Growth & Prosperity Report 2019. The report presents comments of business leaders
about the production and business activities in the past period, findings on the growth
prospects of Vietnamese enterprises in the context of the regional and international inte-
gration through a survey of Vietnam Report; and it also presents in-depth analyses of eco-
nomic experts on the current status of labor productivity and implications of policies con-
tributing to increasing Vietnam’s labor productivity in the coming time.

Vietnam Report’s Editorial Board hopes Vietnam Growth & Prosperity Report 2019
will be a useful reference for Vietnam’s business community in particular and all readers
in general.

Our Editorial Board would like to give thanks to all Sponsors: Phat Dat Real Estate
Development Corporation, Chicilon Media Advertising Vietnam JSC, Phuc Hung Holdings
Construction JSC, Dong Tam Group and Vinaconex JSC for the cooperation in publishing
this Report successfully.

We hope to receive comments and feedbacks to perfect the Report.

Sincerely,

Vu Dang Vinh
cEO of Vietnam Report JSc

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