Vietnam ’s Deputy Permanent Representative to the UN, AmbassadorBui The Giang, delivered the statement at the General Debate of the UN’sEconomic and Financial Committee in New York on October 5.
He said, for the first 9 months of this year, Vietnam managed tokeep inflation under control, at 5.08 percent, increase export turnoverby 23.2 percent and industrial output by 13.8 percent, while its GDPgrowth rate in the 3rd quarter of this year reached 7.16 percent.
The country’s acreage of newly planted forests has increased by 4.1percent, more than 300,000 jobs were created in the first half of theyear, and the number of foreign visitors coming to Vietnam in thefirst eight months rose by 35.3 percent, the ambassador added.
However, he noted that Vietnam still faces a lot of challenges,ranging from how to enhance its capacity to sustain economic growth,improve efficiency in the economy, narrow development gaps, ensure aclean and green environment and mitigate and adapt to climate changes.
Vietnam highly values cooperation with all members ofthe international community to surmount these challenges and pledged towork closely with the committee’s leaders and other member states tocome up with effective solutions to common issues on the globaldevelopment agenda, said Giang.
The Vietnameserepresentative also highlighted the outcomes of the UN Summit on theMillennium Development Goals (MDGs) which was held in New York twoweeks ago, especially actions for achieving the MDGs by 2015.
He emphasised the necessity of finding ways at a national level toenable countries, especially developing countries, to support poor andvulnerable people as well as achieve the internationally agreeddevelopment goals, including the MDGs.
Developedcountries should do more to honour their commitments to assistdeveloping countries by increasing ODA, promoting trade, reschedulingdebt, transferring technology, promoting financial flows andfacilitating participation of developing countries in the internationalfinancial arena.
Meanwhile, developing countriesshould, enhance their capacity, improve governance and economic andfinancial operations, including more efficient use of increasinglyscarce resources.
According to the diplomat, the UNshould be in the vanguard of development and multilateral mechanisms.Its role should be strengthened to generate feasible developmentsolutions and programmes and to tap into the required resources neededto ensure solutions and policies in a well coordinated, coherent andeffective manner.
The UN also needs to play a fundamental role in reforming the structure of global governance and respond to global challenges./.