Policy of Mobilizing Financial Resources for Developing New Countryside in Vietnam
Abstract
Financial resources and the institutional framework, as well as policies for mobilizing financial resources, are important issues that need to be addressed in the construction of new countryside in vietnam. Financial resources for new countrysidemainly come from the state budget, credit sources, investments from enterprises, contributions and support from organizations, individuals, and the local community. In recent years, the state has paid attention to financial investment and issued policies to mobilize financial resources for new countryside. Through these policies, vietnam's rural areas have achieved important results, with rural areas being renewed, the economy being developed, and the living standards of the people being improved. However, statistical analysis and research results show that, alongside the achievements, financial resources for new countryside have not yet satisfied the needs, and the policies for mobilizing resources are sluggish to innovate and have neither fully exploited the potential of rural areas nor effectively mobilized resources from the state and society. The state budget resources for investing in new countryside are limited, and the investment resources from enterprises have yielded low results. Contributions from the people and the local community are voluntary and have not become the main resources mobilized for new countryside. Based on the research results, the author proposes some solutions to improve the policies for mobilizing financial resources for new countryside in vietnam.
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