Russia’s news agency highlights Vietnam’s 35 years of renovation

Hanoi (VNA) - Russian news agency Sputnik has published an article by Taras Ivanov highlighting Vietnam’s 35 years of renovation under the leadership of the Communist Party of Vietnam.

He wrote that the country has made a host of breakthroughs, with major achievements posted in the economy, technology, health care, education, the military, and diplomacy.

The author quoted a World Bank report as saying that Vietnam’s development over the last 35 years has been admirable. The country’s GDP per capita rose 2.7 folds since 2002 to over 2,700 USD in 2019, and over 45 million people escaped from poverty, with the poverty rate falling from over 70 percent to less than 6 percent.

 

Despite the effects of COVID-19, macro-economic and fiscal frameworks remained stable, with growth of nearly 3 percent.

In particular, Prime Minister Nguyen Xuan Phuc affirmed many times that 2020 was a year to launch processes towards a “Digital Vietnam”.

From 2014-2020, Vietnam moved up 29 places to 42nd among the 131 countries and territories in the Global Innovation Index from the World Intellectual Property Organisation (WIPO).

According to the article, Vietnam’s victory over the pandemic is considered “phenomenal” and the result of consensus between the Party, the armed forces, and the people.

From 1993-2017, the mortality rate among newborns in Vietnam fell from 32.6 to 16.7 per 1,000 live births. Meanwhile, from 1990-2016, average life expectancy rose from 70.5 to 76.3 - the highest in the region. Over the last 35 years, the health of the Vietnamese people has improved significantly.

 

Vietnam has become an important cog in regional and global economic connectivity, joining a number of important free trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement (EVFTA), thereby creating a new driving force for development.

Regarding the East Sea issue, Ivanov wrote that Vietnam has successfully pooled regional and external support on the issue at global and ASEAN meetings. At the same time, it maintained normal economic activities on legitimate waters within its exclusive economic zone.

In the near future, Vietnam’s multilateral diplomacy will focus on shouldering roles in ASEAN and the UN Security Council.

 

Concluding the article, he said that from one of the poorest nations in the world, Vietnam has now become an active member of over 70 regional and global organisations and established ties with more than 500 non-governmental organisations. With widespread success over the last 35 years, Vietnam will become a “spotlight” on the world map./.