Government acts to promote economic diplomacy for national development
Illustrative image (Photo: VNA)
The Government has recently issued a resolution approving an action programme on accelerating economic diplomacy for national development for the period from 2022 to 2026.The action plan is aimed at implementing the Party Central Committee Secretariat’s Directive No. 15-CT/TW dated August 10, 2022, on economic diplomacy for the country’s development to 2030.
The Government defines economic diplomacy as a central task of the diplomatic sector, an important driving force for national development, and a pioneer in mobilising external resources, thus contributing to the cause of industrialisation and modernisation, and strengthening the capacity, competitiveness, and resilience of the economy.
The action plan underlines the importance of continuing to expand and deepen relations with bilateral and multilateral forums, to make the most of political relations to promote economic cooperation and linkages to serve development.
It also stresses the need to closely monitor the impact of strategic competition among major powers, as well as strategic adjustments, policies, and economic initiatives of big countries towards the region in order to take advantage of opportunities and minimise potential threats.
The Government targets to increase the quality of international economic integration, and effectively implement international commitments, including "new-generation" FTAs (Photo: vneconomy)
The Government targets to increase the quality of international economic integration, and effectively implement international commitments, including "new-generation" free trade agreements (FTAs), and bilateral and multilateral agreements in the fields of finance, customs, social insurance, and labour. It also aims to improve the awareness and enforcement capacity of FTA commitments.The Government also aims for a higher position of the economy in the global value and production chain, establishing a stable and reliable network of partners for important industries and fields in service of green transformation, sustainable development, digital transformation, technology transfer, and modern technology application.
It will actively perfect the defence system to protect the domestic economy, enterprises, and market in line with international commitments.
The Government also looks to strengthen the early warning capacity of trade remedy cases, as well as the capacity to handle international trade and investment disputes./.
Related News
The Government plans to borrow maximum of VND676,057 billion and repay debt of VND453,990 billion in 2024
10:39 | 04/04/2024 Finance
Personal Income Tax Law to be amended in 2025
10:42 | 04/04/2024 Finance
Good management of public debt creates room to implement expansionary fiscal policy
10:06 | 19/03/2024 Finance
A lot of room for growth in the potential for Vietnam - Rok financial cooperation
10:05 | 12/03/2024 Finance
Latest News
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines
Seize the golden opportunity as retail giants look for supplies in Vietnam
10:34 | 24/04/2024 Headlines
Government’s action programme cracks down on illegal fishing
13:53 | 23/04/2024 Headlines
More News
PM calls on ASEAN to pen strategic development vision
13:50 | 23/04/2024 Headlines
Forum to discuss new initiatives on ASEAN future vision: Deputy FM
15:13 | 22/04/2024 Headlines
Investors play a key role in developing the industrial park system
10:38 | 22/04/2024 Headlines
Green transformation and ESG practice to participate in the global competition
18:11 | 21/04/2024 Headlines
Factors influencing Vietnam’s FMCG market
18:06 | 21/04/2024 Headlines
Shrimp exports to major markets bounce back
17:57 | 21/04/2024 Headlines
Quang Ninh aims to become international tourism hub
17:56 | 21/04/2024 Headlines
Measures sought to boost Vietnam - Russia digital economic cooperation
17:43 | 20/04/2024 Headlines
Vietnam becomes biggest rice supplier for Singapore
17:39 | 20/04/2024 Headlines
Your care
Many new regulations aim to drastically remove the IUU "Yellow Card"
15:36 | 24/04/2024 Headlines
PM chairs meeting of national committee for digital transformation
13:42 | 24/04/2024 Headlines
Seize the golden opportunity as retail giants look for supplies in Vietnam
10:34 | 24/04/2024 Headlines
Government’s action programme cracks down on illegal fishing
13:53 | 23/04/2024 Headlines
PM calls on ASEAN to pen strategic development vision
13:50 | 23/04/2024 Headlines