Vietnam Economic Forum aims for an independent and self-reliant economy
VOV.VN - The 4th Vietnam Economic Forum, themed “Building an independent and self-reliant economy with extensive integration in the new context” opened in Ho Chi Minh City on June 5 under the chair of Prime Minister Pham Minh Chinh.
The event was organized by the Party Central Committee's Economic Commission, and the Government in collaboration with the Ho Chi Minh City People's Committee.
The Forum discussed the content of an independent and self-reliant economy, and propose policies and solutions for building capacity for economic self-reliance and approaches between building a self-reliant economy and global integration.
Within the framework of the Vietnam Economic Forum, there are a plenary session and three seminars on developing a stable labor supply chain after the COVID-19 pandemic; developing capital and real estate market; technological innovation, digital transformation and supply chain diversification.
According to the Organizing Committee, this year's Vietnam Economic Forum serves as a place for representatives of central and local departments, ministries, sectors, and international organizations, scientists, research experts, and entrepreneurs to exchange ideas and share views on issues of shared concern.
The plenary session focused on topics such as the global economy and major trends in international economic cooperation, Vietnam in the current global economy, opportunities and challenges, training digital human resources for digital transformation, digital economy development and digital society promotion and risk management in the new context.
In his speech at the forum, PM Pham Minh Chinh said that the 4th Vietnam Economic Forum has affirmed the Party and State's correct and effective policy on pursuing the Doi Moi (renewal) process, building an independent, self-reliant economy in combination with proactive and active international integration.
The effective implementation of this policy during more than 35 years of Doi Moi has contributed to recording historical achievements, and the building of an independent, self-reliant economy in combination with proactive and active international integration is an objective inevitability, Chinh went on to say.
The Vietnamese cabinet leader stated that the 13th National Party Congress has set the goal of Vietnam becoming a developing country with modernity-oriented industry and income above the lower middle level by 2025, a developing country with modern industry and upper middle income by 2030, and a developed country with high income by 2045.
However, the nation will not sacrifice social justice and security and the environment for economic growth. Therefore, Vietnam has defined that people is the centre, the subject, the target and the driving force of development, he added.
“Vietnam affirms the consistent policy of not choosing a closed economy, but instead staying steadfast to the direction of Doi Moi (renewal), building an independent, self-reliant economy in combination with proactive and active international integration,” Chinh said, reiterating that the country wishes to be a good friend, a reliable partner and a responsible member of the international community, ready to join hands with the international community to address regional and global challenges for a peaceful, cooperative and prosperous world.
Deputy Head of the Party Central Committee’s Economic Commission Nguyen Thanh Phong said, “One of the core long-term issues in economic development is to build a dynamic, sustainable, independent, self-reliant economy based on science, technology, and innovation, while improving the efficiency of external affairs and international integration as defined in the 2021-2030 socio-economic development strategy approved at the 13th National Party Congress.”
The Vietnam Economic Forum has always resonated with great influence at home and abroad and has been assessed as Vietnam's leading economic forum of regional and international stature, he added.
According to Deputy Minister of Planning and Investment Tran Quoc Phuong, one of the key factors to build an independent and self-reliant economy is to be technologically independent and self-reliant. We have made a big leap in technology to catch up with the 4th Industrial Revolution, but are still short of our targets. Technology reform and digitalization are important issues in building an independent and self-reliant economy.”
The Vietnam Economic Forum has been held annually since 2017 with the purpose of discussing opportunities and challenges facing the national economy, and outlining orientations for national development under the impact of the COVID-19 pandemic.