economic conditions economic growth of Singapore:Singapore must be faced with three major challenges facing the competition from countries in the region, there is a population of elderly in increased while the birth rate of the population and the reduction in restructuring in the manufacturing sector3 percent in gross domestic product by focusing on 3 branches are Biological Science (biomedical sciences), technology, environment and water (water and environmental technologies) and digital media (interactive and digital media)
Strategic approach to increasing the production of the industrial sector (manufacturing) in 15 years, such as
1. Increase the budget for research and development of 2 percent.1 percent of the gross domestic product in the country by focusing on 3 3 branch: life sciences (biomedical sciences), technology, environment and water (water and environmental technologies) and digital media (interactive digital media and
)
2.Promote the creation of the agreement on the economic and other countries in the form of bilateral free-trade agreement, Parties to the agreement for the promotion of investment agreement, the tax exemption certificate to overlap and agreement with standard
3. expand the production of major industries such as electronics, chemical and life sciences and the development of industries such as new technology, digital media technology and alternative energy and Environment
4.the expansion of trade and investment to new markets such as India, China, Middle East company Government Investment Corporation (GIC) and Temasek Holdings which the government is a shareholder have a key role in the market economy of Vietnam
Economic Conditions:The government's policy remains current directions, i.e. focusing on the economic reforms and social policy as "โด่ย Moei" (Doi Moi), which in the year to 20, and is now available in the adjustment to the current economic and social world.It is Vietnam, current economic development in a positive way by the growth rate of 8 per cent economic growth.4, in the past 9 years, and there is maximum average growth rate in the last 5 years, 7 per cent.5, which is a high-ranking 2 in Asia, behind China, the economic engine that is important to the growth of foreign investment in the export raw material (oil natural gas), textiles and leather products and agricultural productsHowever, the government has been trying to improve rules and regulations, in accordance with the terms of WTO (Vietnam as a member when November 7 , 2549 ) is the transformation and improve public sector mechanisms with a rusheconomic and social from several countries
the current vast economic infrastructure accelerate the development to support economic growth such as the special economic zone in accordance with major (.turtle บาเรีย Vung Tau City of Ho Chi Minh City which is near the deep water port update (in general, and Ahikam, the Bay, and international airports, modern in the preparation, the electric power is Vietnam mapcountries with the construction of the new dam.companies in the north, which is a dam is the largest in South East Asia as well as being prepared for the project created by a nuclear power plant, was completed in the year 2563 target industryFor example, Vietnam shipbuilding CAN BE LIABLE TO THE cargo ship size 53,000 tons, and has set a target to be on a boat in the 100,000 tons, in the future, is the
cooperation on technology from foreign countries
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