Deputy Prime Minister Vuong Dinh Hue (standing) speaks at the seminar (Photo: VNA) Hanoi (VNA) – The Ministry ofForeign Affairs and the Organisation for Economic Cooperation and Development(OECD) held an inaugural seminar on the multi-dimensional review of Vietnam inHanoi on February 26.
Deputy Foreign Minister Bui Thanh Son highlyappreciated the support of the OECD in kickstarting this important review.
Jan Rielaender, head of Multi-dimensionalCountry Reviews (MDCR) for the OECD, said that through the review, Vietnam willhave an opportunity to learn from the experience and knowledge of othercountries’ reform processes, while the other 53 member nations of the OECD willalso gain a better understanding of Vietnam and learn from its successes andchallenges, as well as share their know-how.
He recommended that Vietnam take on its sustainabledevelopment goals as an important target which must be achieved by 2030. Eachnation should map out its own path and define its most important targets, hesuggested.
World Bank Country Director for Vietnam OusmaneDione evaluated Vietnam as having the most encouraging development steps in theworld since its reforms process began.
The rapid growth of its gross domestic product(GDP) in 2018 is also a good signal for Vietnam, he said.
He suggested Vietnam further develop the privateeconomic sector; build on its national reform capacity; increase resilience toclimate change; develop a modernised institutional system; connect domestic andforeign businesses; create a more favourable business environment; and promoteinnovation.
Deputy Prime Minister Vuong Dinh Hue hailed theOECD for actively coordinating with the Vietnamese government, ministries, andsectors to soon inaugurate the multi-dimensional review of Vietnam, which isimportant to the building of the Vietnam development strategy through 2030 witha vision to 2045.
According to Hue, besides promoting economicgrowth, Vietnam also pays special attention to developing other social fields whichenables the public to join the nation’s socio-economic development.
For a long time, budget collection has onlyincreased by 10-12 percent, while the state budget expenditure for socialsecurity activities has reached 23-25 percent.
The Deputy PM cited the UN Development Programme’sreport in 2018 which stated that Vietnam has gained a lot of progresses inhuman development and multi-dimensional poverty reduction. The country’s humandevelopment index (HDI) has increased consecutively for over the past 27 years.
The multi-dimensional review of Vietnam shouldpoint out which areas are bottlenecks in the development of Vietnam and sharenew emerging development trends in the world, he suggested. –VNA
VNA
