Vietnam reforms and economic growth

Hanoi (VNA) – Chairman of the Vietnam Chamber of Commerce and Industry Vu Tien Loc, as Chairman of the East Asia Business Council (EABC) in 2020, recently handed over the EABC Chair to Hak-hee Jo, Executive Managing Director of the Korea International Trade Association. Priorities of the Council this year will focus on boosting post-pandemic recovery in tandem with comprehensive commerce development, promoting the Regional Comprehensive Economic Partnership (RCEP) agreement as a tool for economic recovery, and ensuring supply chains and facilitating cross-border business connectivity amid COVID-19. The EABC Council will convene three meetings and those of working groups to prepare for dialogues between EABC and the ASEAN Senior Economic Official Meeting Plus Three (SEOM+3), and the ASEAN Plus Three Economic Ministers' (AEM+3). Notably, the Council is to compile a report on recommendations of business communities in the region and submit to ASEAN 3 leaders at the EABC-ASEAN+3 … [Read more...] about Vietnam hands over EABC Chairmanship to RoK

Vietnam was one of the 10 countries in the world posting the highest economic growth, with an annual average GDP growth rate of 5.9 percent in the past five years, he said, adding that without the COVID-19 pandemic, the nation’s economy could have expanded by over 7 percent. … [Read more...] about Lao ambassador hails leadership role of Communist Party of Việt Nam

The scholar described the 13th National Party Congress as an important turning point to pave the way for breakthroughs in development and define the position of Vietnam in the global landscape with an active and guiding role. “Without making breakthroughs in the way of thinking and action, we will not be able to quickly advance forward and realize the nation’s aspiration for rising up,” he said. Apart from issuing sound policies and mechanisms to seek and tap talents, he called for building and making use of the soft power of the nation for development goals, thereby continuing to improve Vietnam’s stature on international arena and build public trust, which he said, is also the expectation of experts at home and abroad, and each Vietnamese citizen. About the AVSE Global’s work, Khuong said operating in over 20 countries from four continents and connecting more than 10,000 experts together, the AVSE Global is collecting their collective brainpower … [Read more...] about Vietnamese scholar in France highlights national unity as strength for development

Authorities in the Mekong Delta province have suggested that the investment needed to expand the 47-kilometer National Highway 61C be sourced from a fund dedicated to developing the Mekong Delta region adapt to climate change. … [Read more...] about Mekong Delta province seeks $195 mln road expansion

In the most complex international context, Việt Nam will set ambitious long-term development goals for 2030 and 2045. Therefore, the mission of foreign affairs in the future is difficult, with the priority on the task of building a happy and prosperous country, according to the Deputy Prime Minister. — VNS … [Read more...] about Looking back at Việt Nam’s external affairs over the past 35 years