CENTRAL INSTITUTE FOR ECONOMIC MANAGEMENT
The Central Institute for Economic Management (CIEM) was initially called the Institute for Economic Management of the Party Central Committee established under Decision No. 209 NQ-NS/TW dated 14/07/1977 of the Politburo with its mandate to assist the Party Central Committee and the Government with economic management research in accordance to Resolution of the Fourth National Party Congress
On 17/04/1978, the Standing Committee of the National Assembly issued Decision No. 215-NQ/QHK6, approving the establishment of the Institute for Economic Management, a Ministerial-level agency under the Council of Government; on this basis, the Council of Government issued Decree No. 111 – CP dated 18/05/1978 on promulgating the tasks, powers and organizational structure of the Institute for Economic Management.
In 1992, the Government issued Decree No. 07-CP dated 27/10/1992, assigning the State Planning Committee (now the Ministry of Planning and Investment) to be in charge of the Central Institute for Economic Management
Over 35 years of establishment and growth, from only 22 staff at the beginning, the Institute has to date had nearly 100 staff, 92% of whom have university education and above (02 Associate Professor, 15 PhDs, 40 masters, 31 bachelors); research staff receives basic training and are regularly sent for capacity building domestically and internationally
Since its establishment, despite changes in the managing bodies, the basic functions and roles of the Institute remain the same. The Institute serves to carry out research on building up and developing economic management science in Vietnam, and to propose policies of renovating economic management mechanisms appropriate with each socio-economic development period, and is an important and reliable economic think tank for the Party, the State and the Government; the Institute’s research products have been widely praised by colleagues and organizations domestically and internationally.
2. CIEM’s key contributions over the 2008-2013 period
On research and advice on economic policies& mechanisms
Since its establishment, the Institute always shows its outstanding performance in conducting research, providing advice and submitting proposals on economic management policies and mechanisms. In the 05 years from 2008 to 2013, the Institute has presided over the formulation of more than 100 proposals, reports, and draft legal documents submitted to the Ministry, the Government and the Prime Minister. Submitted proposals and researches of the institute have timely and effectively served the advisory work of MPI, timely contributing to promulgation of macroeconomic stabilization policies and direction of implementation of annual socio-economic development plans of the Government. Major works related to proposals, projects and researches are as follows:
- Conducting the research project “solutions and policies to improve growth quality, efficiency and competitiveness of the economy” was approved by the Prime Minister in Decision No. 1914/2010/QD-TTg dated 19/10/2010. Accordingly, Vietnam’s growth was assessed in both quantity and quality and thus providing recommended policies to improve growth quality for sustainable development.
- Drafting the revised Enterprise Law and some Decrees guiding implementation of a number of articles of the Enterprise Law 2005 such as Decree No. 102/2010/ND-CP dated 01/10/2010 amending and supplementing a number of articles of Decree No. 139/2007/ND-CP guiding the implementation of a number of articles of the Enterprise Law 2005.
- Drafting various Decrees related to management and oversight of SOEs, particularly, state economic groups; policies for development of economic sectors and improvement of business and investment environment as well as acceleration of administration reforms. The Institutes has conducted a series of studies, proposing many solutions on rearrangement of SOEs, improving competitiveness of SOEs amid the context of increasing international & regional integration and, particularly, in dealing with urgent requirements of tightening management and supervision of SOEs for improved efficiency. The Institute was assigned to prepare the project “Continued renovation & rearrangement and improved efficiency of SOEs”. The project was reported and discussed at the 6th Plenum of the 11th Party Central Committee, which in turn resulted in Central Conclusion No. 50-KL/TW dated 29/10/2012, forming the basis for the Government to issue policies on renovation and rearrangement of SOEs for improved efficiency in the coming time.
- Drafting the master plan “Economic restructuring associated with transforming the growth model toward improved quality, efficiency and competitiveness of the economy for the period 2011-2020. The master plan proposed policy solutions for promoting transformation and restructuring of the economy toward rational, economical and efficient allocation and utilization of resources, improved productivity and competitiveness to become determining factors of Vietnam’s economic growth. The master plan was approved by the Prime Minister at Decision No.339 /QD-TTg dated 19/02/2013.
- Developing the Scheme of Vietnam’s Industrialization Strategy in the framework of Vietnam-Japan cooperation toward 2020 with a vision to 2030. The project was approved by the Prime Minister under 1043/QD-TTg dated 01/07/2013. The Strategy has contributed to further development of some potential industries of Vietnam through attracting quality FDI, first from Japan, promoting technology transfer and production/business linkages with local enterprises.
- Conducting studies on review and assessment of possible impacts of economic integration and world economic crisis as well as proposing policy measures to address macroeconomic instability. Particularly, the Institute developed the report on "impact assessment of economic integration 1.5 years after Vietnam joined the WTO" for the Government to submit to the Politburo, the Secretariat for timely planning and enforcing policy mechanism to utilize the advantages and minimize difficulties of integration for socio-economic development. Given the high quality and usefulness of this report, the government has since then requested the Institute to prepare impact assessment report after 2 years, 3 years, 4 years and 5 years Vietnam joined the WTO for the Government to submit to the Politburo and the Secretariat.
- Implementing the Resolution adopted at the 6th Plenum of the 10th Party Central Committee on improving the socialist oriented market economy institution, the Institute has studied extensively projects and reports related primarily to "Continuation of perfecting the mechanisms for socialist-oriented market economy". On the basis of Resolution No. 21 - NQ -TW, the Institute has developed a draft action plan for the Government to implement the Sixth Central Resolution which was approved in Resolution No. 22/2008/NQ-CP. The plan contains key solutions to develop synchronously various markets and continue perfecting the socialist-oriented market economy; create favorable conditions for enterprises of all legal forms and for development activities under the market mechanisms; ensure efficiency, transparency and equality; and build roadmap for Vietnam to soon be recognized by all WTO countries as full market economy.
On scientific research
Since its establishment, the Institute has always attached special importance to scientific research associated with review of best practices to form the scientific and practical basis for the development of economic management projects which give advice to the Party and the State. In the organizational structure of the Institute, there has been the Scientific Council of Economic Management which consists of experienced professionals in this field, and whose function is to give advice on economic management science to the President and other leaders of the Institute
In the period 2008 - 2013, the Central Institute for Economic Management has completed two state-level projects and won five more state-level scientific projects. Moreover, the Institute has presided and conducted various Ministrial-level and Institute-level research projects, which were widely regarded as valuable and highly practical both to the research communities and policy makers.
In addition, the Scientific Council of the Institute has held a series of meetings, seminars, conferences, thematic discussions with the participation of domestic and international experts in economics to serve the political mission of the Institute. Many scientific seminars and conferences are well known for their thematic value as well as quality, and have generated much attention from the academia and the media
On training activities
In the past 05 years (2008-2013), the Institute has organized 05 PhD training courses with a total of 60 doctoral candidates; during this period the Institute has trained and awarded doctoral titles for 09 candidates who have completed and successfully defended their doctoral thesis and 54 others are continuing to study and do research at the Institute.
The Institute also participated in the preparation of materials for the training of middle and senior staff of the Lao People's Democratic Republic, organized the course on market economy and international trade for the officials of the Democratic People’s Republic of Korea and organized training courses on economic reform and economic management for the delegates of the People's Committee at all levels..
Presently, the Institute focuses on PhD training and training of cadres specializing in economic management; organizing training courses related to dissemination and propagation of economic laws and regulations and special training courses on business & economic management policy and mechanism targeting government cadres, officials as well as staff and leaders of enterprises nationwide.
On international cooperation in research
The Institute has actively cooperated in research with countries and organizations around the world such as The United Nations Development Programme (UNDP), the German Technical Cooperation - GTZ (now GIZ), the Friedrich Ebert Stiftung (FES), the Danish International Development Agency (Danida), the Swedish International Development Cooperation Agency (SIDA), the World Bank (WB), UNDP, DFID, etc.
Various joint researches are highly practical such as the project “Institutional Vision to 2020”funded by the Swedish government through SIDA and the resent project "Methodological framework to estimate green GDP" in cooperation with the British Embassy in Hanoi; the Institute also proactively participates in the activities of the Economic Committee of the Asia - Pacific Economic Cooperation Forum (APEC), focusing on the structural reform of APEC and the Working Group on Law and Corporate Governance; closely coordinates with the Japanese Embassy and JICA in developing the Scheme of Vietnam’s Industrialization Strategy in the framework of Vietnam-Japan cooperation toward 2020 with a vision to 2030.
Last but not least, the Institute has also established extensive and effective cooperative relations with a number of countries and international organizations, such as France, the UK, Australia, Canada, China, Singapore, the International Monetary Fund (IMF), the International Labor Organization (ILO), the World Bank (WB), the Asian Development Bank (ADB), etc. In 2008, the member countries of the Economic Research Institute for ASEAN and East Asia (ERIA) elected the President of the Central Institute for Economic Management to be Chairman of the Executive Council of ERIA from 2008 to 2011.
3. Concluding remark
As a national-level and think-tank institute belonging to MPI, CIEM has always proactively initiated and conducted researches of fundamental, creative and new issues to give on-time and effective advice to the Party and the State on economic renovation policies. Institute has contributed directly and indirectly to the cause of administrative reform and accelerated the process of comprehensive renovation and reform of the economy; in addition, the Institute has also contributed largely to the training and fostering of the middle and senior economic management staff of the Party and the State.
The Institute has demonstrated the role of our country’s leading research agency in economic research and policy advice on economic renovation and development. The Institute focuses on strategic and practical issues on economic reform and development of Vietnam. In 2012, the Institute is ranked among the top 80 policy research institutes globally in the field of national economic policies (according to The Global "Go -To -Think - Tanks" in 2013).
CIEM is a public-service research agency, which is of juridical personality and holds its own seal and account, operating independently in accordance with the laws and regulations.
English name: Central Institute for Economic Management (CIEM)
Address: 68 Phan Dinh Phung Street- Ba Dinh district- Ha Noi - Vietnam