Socialist-oriented economy helps Vietnam go forward confidently: Russian expert

A socialist-oriented economy is the firm foundation for Vietnamese people to look to the future with confidence, Chairman of the Council of Experts of the Eurasian Research Fund Grigory Trofimchuk told Vietnam News Agency's correspondents in Russia.
Socialist-oriented economy helps Vietnam go forward confidently: Russian expert ảnh 1Production at the Phuc Yen shoe company in Vinh Phuc province (Photo: VNA)
Moscow (VNA) – A socialist-oriented economy is the firm foundation for Vietnamese people to look to the futurewith confidence, Chairman of the Council of Experts of the Eurasian ResearchFund Grigory Trofimchuk told Vietnam News Agency's correspondents in Russia.

The expert said the socialist democracy model has certainadvantages and good development prospects, with social factors playing animportant role and the human factor never forgotten, particularly in Vietnam.

He noted Vietnam has extensive international relations andparticipates in most of the major international organisations.

According to him, Vietnam has come up with approaches thatcan help the world respond better to a number of challenges, such as theCOVID-19 pandemic. When participating in international organisations andeconomic forums, the Vietnamese Government has clearly introduced benefits of suchmemberships to the Vietnamese people, creating links between the sides andtheir consensus towards a common goal.

The expert praised the outcomes of the Communist Party ofVietnam’s 13th National Congress at a time when the country has an increasing role and importance regionally and internationally.

He said the congress has truly propelled the country forwardas it addressed key issues of the nation and set out new tasks for the nationaldevelopment toward 2045.

He also took the occasion to express his belief in Vietnam’sfuture successes./.
VNA

See more

The article titled “Cambodia and Vietnam are developing together in the new era” published on Khmer Times on April 23 (Screenshot photo)

Vietnam, Cambodia advance together in new era: Cambodian scholar

A Cambodian scholar has underlined the historical significance of Vietnam’s victory to liberate the South and reunify the nation on April 30, 1975, saying that it was a profoundly significant political event, and an unique and miraculous heroic epic for the Vietnamese, which encouraged and promoted the struggle for independence and freedom.

The increasing role of AI in identity verification through facial recognition has further driven demand for data centre services in the financial sector. (Photo: Bangkokpost)

Thailand's data centre services market to expand 8% in 2025

Data centre services are expected to account for 43.3% of the overall Thai data centre market this year, with the remainder coming from companies' investment in their own data centres, according to Kasikorn Research Centre (K-Research).

Singaporean Prime Minister, Lawrence Wong (R) (Photo: scmp.com)

Singapore launches election campaign

According to regulations, the campaign period will last until just before polling day on May 3. Political parties with six or more candidates are allowed to participate in two Political Party Broadcasts (PPBs) for the general election.

The Thai PM explains that the funds were allocated based on village size (Photo: The Nation)

Thailand releases 330 million USD to boost grassroots development

The village fund programme in Thailand has operated for over 20 years, circulating more than 300 billion THB (8.9 billion USD) to date. She credited the initiative to former PM Thaksin Shinawatra, which was continued and expanded by former PM Yingluck Shinawatra, in 2012 with additional budget allocations.

Thailand is working to promote high-value cruise tourism. (Source: BangkokPost)

Thailand promotes cruise tourism

Last year, Thailand recorded 162 cruise ship calls, carrying 379,036 passengers and 163,331 crew members, generating 1.89 billion THB (56.5 million USD) in revenue, a 6.9% increase from 2023. Leading source markets include Singapore, the UK, Malaysia, the US, and Germany.

ASEAN, US hold 37th annual dialogue in Cambodia (Photo: Getty)

ASEAN, US hold 37th annual dialogue in Cambodia

The co-chairs highlighted the strong and durable partnership with ASEAN over the past 48 years. They discussed pressing geopolitical issues, including the importance of facilitating a free and open Indo-Pacific. O’Neill further expressed the need to uphold freedom of navigation and overflight in the East Sea.

Thai Prime Minister Paetongtarn Shinawatra rejects rumours about a potential cabinet reshuffle. (Photo: The Nation)

Thai PM dismisses cabinet reshuffle rumours

Speaking to reporters at Government House after the weekly Cabinet meeting, Paetongtarn insisted she had no plans to adjust her ministerial line-up or oust the Bhumjaithai Party - the second-largest partner - from her coalition government, The Nation of Thailand reported.

Thailand will scrap certification for steel produced using outdated IF technology. (Photo: The Nation)

Thailand plans to eradicate polluting steel production technology

The Thai Ministry of Industry will review the certification standards for steel manufactured via the IF process, a method known for its limitations in removing impurities from molten steel and higher levels of dust and toxic gas emissions compared to more modern methods.