THE GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
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No. 49/2004/CT-TTg
Hanoi, December 24, 2004
 
DIRECTIVE
ON SERVICE DEVELOPMENT IN THE 2006-2010 FIVE YEAR SOCIO-ECONOMIC DEVELOPMENT PLAN
THE PRIME MINISTER
Over the past years, the State has adopted many undertakings and policies to create favorable conditions for the development of service activities. As the result, the service sector has witnessed positive changes, better and better meeting people’s production, consumption and daily-life demands and contributing to speeding up economic growth. Some service domains such as post and telecommunications, finance, banking, insurance, air transport, sea transport, tourism, labor export… have seen high growth rates; the quality of services has been raised considerably, having attracted a large number of laborers and contributed to boosting export.
However, the growth rate of the service sector remains low as compared to the general economic growth rate; recently, its proportion to GDP tends to gradually sink, the restructuring remains slow, many services have not yet been formed and exploited efficiently. The legal environment as well as mechanisms and policies for service development are still inadequate and inconsistent while branches have failed to closely coordinate with one another for mutual support and development. The quality and efficiency of service business remain low; the added value is low; the service charges in a number of branches remain rather high as compared to those of other countries in the region and world, some services of great significance for the national competitiveness have not yet been properly developed.
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