HCM City (VNA) – A national scientific conference examining Vietnam’s socio-economic development over the past 50 years (1975–2025) took place in Ho Chi Minh City on April 26.
Associate Professor Dr Pham Tien Dat, Rector of the University of Finance – Marketing, said Vietnam has witnessed remarkable progress across all fields – from economy and society to science, technology, politics, and foreign affairs. The country has maintained a relatively high growth rate, emerging as one of the fastest-growing economies in the region and expanding its international partnerships. Nevertheless, the scholar noted that Vietnam faces significant challenges, including unsustainable growth, income inequality, and the mounting impacts of climate change.
He recommended a shift towards a sustainable growth model, driven by science, technology, and innovation.
Meanwhile, Dr Phung Ngoc Bao, head of the southern office of the Communist Review – the political theory organ of the Party Central Committee, observed that after nearly four decades of renewal, the Party and the State have steadily refined the relationship between a market economy and socialist orientation.
Bao praised HCM City’s contributions to shaping and perfecting this model. The southern economic hub was quick to recognise the existence of diverse forms of enterprise, pilot market mechanisms, pioneer the establishment of export processing and industrial zones, and implement an open economic policy.
He urged the metropolis to further restructure its economy comprehensively, renew its growth model based on a knowledge economy, science and technology application, and high labour productivity. It is also necessary to continue developing all economic sectors in tandem and maintain the development of key industries.
In a study on the Party’s evolving understanding of human security, Associate Professor Dr Ha Trong Tha from the People’s Security University noted that the Party has consistently prioritised human security, ensuring no one is left behind, with policies tested and refined in response to domestic and international developments.
A paper on the Party’s innovative thinking on the human factor underlined that the Party and State have always regarded human development as both the driving force and the ultimate goal of national progress. This mindset is reflected consistently in major policies, from reforming education and training, fostering high-quality human resources, to building a fair, democratic, and civilised society./.

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