Forum mulls improvements to Int’l economic integration efficiency

VOV.VN - Policies and solutions for optimizing the efficiency of international economic integration in line with domestic and international trends were touched upon at the Vietnam International Economic Integration Forum in Hanoi on December 20.

forum mulls improvements to int’l economic integration efficiency hinh 0

Following the theme of ‘reinforcing momentum for a new development phase’, the forum, with more than 300 domestic and foreign delegates in attendance, concentrated on current affairs of international economic integration which are directly affecting policies in this regard from central to grassroots levels.

They include an appraisal of the results of Vietnam’s economic integration, taking new trends and developments in international economics and trade into consideration and analyzing their impact on Vietnam and the world economy, and proposing solutions for streamlining international economic integration.

In his remarks at the forum, Deputy Prime Minister Vuong Dinh Hue described the forum as a platform to share information, and present feasible proposals for the Government and Prime Minister to facilitate the economic integration process and Vietnam’s economic development.

Mr Hue said the outcomes of the forum will be submitted to the Government and Prime Minister to serve as the basis for drafting international economic integration policies in the next phase.

Minister of Industry and Trade Tran Tuan Anh said that although the average annual growth of just 6.04% for 2007-2017 was lower than the average level of 7.51% from 2000-2006, the quality and economic recovery speed is getting more stable.

To further promote international economic integration, Mr Tuan Anh underlined the need to fine-tune laws directly related to international economic integration and determine the incorporation of international law in the national legal system under a roadmap in line with the international treaties, of which Vietnam is a member.

In addition to effectively implementing action plans on international economic integration, there should be close collaboration among ministries, departments, and localities in carrying out international economic integration work and the promotion of the coordination role and capacity of the Inter-sectoral Steering Committee for International Economic Integration.

Mr Tuan Anh urged businesses to actively stay abreast of updated information about markets, partners, and new free trade agreements and hold direct dialogues with Government agencies to identify their advantages and difficulties so as to provide support solutions for the removal of difficulties for businesses.


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