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Intellectual people
“Vietnam absolutely needs to have a breakthrough, a determined and daring mindset, dare to think, dare to do; it must have a mindset that goes ahead, but is determined not to go on and persecute,” stressed Minister Dung.
Speech at the Annual Forum on “Vietnam Reform and Development 2020 with the theme: Vietnam – Actions to restore rapid growth towards sustainability and inclusion in the context of the Covid-19 pandemic” taking place In Hanoi this morning ( September 29), the Minister of Planning and Investment, Nguyen Chi Dung, acknowledged that Vietnam, from an underdeveloped country and badly affected by the war, the high rate of poverty has increased dramatically. to become a middle (lower) income country in 2010.
Mr. Nguyen Chi Dung, Minister, Ministry of Planning and Investment at the Vietnam Reform and Development Annual Forum 2020
“The size of today’s economy has increased more than 40 times compared to 1990. Per capita income has increased from about $ 100 before 1990 to almost $ 2,800. People’s quality of life is improving day by day. Of course” said the Minister of Planning and Investments.
However, according to the Minister, these achievements are threatened by a great challenge from the Covid -19 pandemic. The pandemic has affected all sectors, especially the service, transport, tourism, gastronomy and accommodation industries … Many companies have been forced to reduce their production or suspend their operations. Moving; A number of jobs are lost, underemployment, incomes are deeply reduced, which makes it difficult to guarantee social security and stability.
Furthermore, Vietnam still faces the internal limitations and weaknesses of a developing economy with a lower middle income, capital-dependent growth, cheap labor, and foreign investment sector. Therefore, in the medium and long term, overcome the middle-income trap, reduce the development gap with other countries, address environmental challenges, build an independent and autonomous economy … These are the great tasks that lie ahead. to Vietnam.
In the short term, Vietnam needs to quickly restore economic growth, ensure social security and make effective use of the development opportunities that have emerged since the Covid -19 pandemic.
To deal with the difficulties and challenges mentioned above, the Minister of Planning and Investment said that Vietnam needs to make the most of its advantages and clearly identify existing opportunities.
From the perspective of Vietnam, as well as from the assessment of international analysts, the Ministry of Planning and Investment found that Vietnam is at an important time to transform quickly and sustainably.
“The country’s potential, the new development context, especially the” post-Covid-19 “and the 4th Industrial Revolution (Industry 4.0) are creating favorable opportunities for restructuring and transformation. Number, transformation of the model towards rapid growth, sustainable and inclusive ”, acknowledged the head of the Planning and Investment industry.
According to Minister Dung, with the participation in many new generation free trade agreements such as EVFTA and CPTPP, Vietnam is having a great opportunity to integrate, participate more deeply in the global production network, select the participants. FDI projects are of quality to move up the global value chains.
“Opportunities for economic restructuring and digital transformation are also expanding, especially as Vietnam’s contactless economy, e-commerce, has created rapid developmental steps in the pandemic,” said the Minister of Planning and Investment. talk.
Minister Dung emphasized: Vietnam must proactively make strategic decisions and directions for the future development of the country. In particular, to overcome the shortcomings and difficulties and take advantage of the potentialities and opportunities mentioned above, we need to have innovative thinking, be decisive and daring, dare to think and dare to do; He must have thought ahead, but decided not to follow, go after.
Only then will we be able to seize opportunities, catch up and move forward with the development of the world. On the contrary, if you do not take advantage of the opportunities and renew your mind quickly, the risk of being left behind and the gap between the development of Vietnam and other countries will be widening ”, emphasized Mr. Dung.
Nguyen tuyen
