PM Phuc underlines international integration in socio-economic development

Prime Minister Nguyen Xuan Phuc has underscored the vital role of international integration in Vietnam’s ongoing socio-economic development, noting how it contributes to maintaining peace and political and social stability
pm phuc underlines international integration in socio economic development

Prime Minister Nguyen Xuan Phuc addresses the teleconference

In his address at a teleconference of the National Steering Committee for International Integration in Hanoi on April 23, the government leader said during the integration process, especially in the past five years, Vietnam has creatively resourced external means in combination with domestic progress to create a strong trend of national development.

He urged the entire political system and all-level agencies to push ahead with international integration efforts with a particular focus on economic integration. With regard to integration in politics and national defence and security, he stressed the need to deepen both bilateral and multilateral relations and enhance the role of multilateral diplomacy.

Concerning integration in culture-society, education-training, and science-technology, PM Phuc said technology and talents will decide the success of competition in the 21st century, and emphasized the significance of learning to raise internal strength in line with common practices and standards.

pm phuc underlines international integration in socio economic development

He highlighted the tremendous achievements Vietnam has recorded in international integration over the past five years, which has contributed to improving a peaceful domestic environment, optimizing favourable factors to serve the country’s development, maintaining socio-political stability, and promoting the country’s image and culture.

“Vietnam has signed or concluded negotiations on free trade agreements with many partners like the Republic of Korea, the Eurasian Economic Union, and the EU. We have also upgraded partnerships with numerous countries and have successfully hosted global events such as APEC 2017, WEF-ASEAN 2018, and the second DPRK-US Summit. These are all demonstrative of Vietnam’s policy of being a reliable friend and partner to the international community,” said PM Phuc.

Representatives from the World Bank, the Asian Development Bank, the UNDP, the American Chamber of Commerce, the European Chamber of Commerce, and the Japan International Cooperation Agency were also in attendance at the conference.

Source: VNA

Related News

A lot of room for growth in the potential for Vietnam - Rok financial cooperation

A lot of room for growth in the potential for Vietnam - Rok financial cooperation

VCN - During the business trip program to the Republic of Korea (RoK), the delegation of the Ministry of Finance led by Minister Ho Duc Phoc had a working session with the RoK’s Deputy Prime Minister and Minister of Economy and Finance on March 8, at the Government Complex Seoul.
The business environment is the key for all businesses

The business environment is the key for all businesses

VCN - In an interview with Customs Magazine on the occasion of the beginning of the Lunar New Year 2024, Mr. Pham Tan Cong (photo), Chairman of the Vietnam Confederation of Commerce and Industry (VCCI), said that improving the business environment will support businesses to recover, but businesses must also improve their own capacity to penetrate deeper into the value chain.
Solutions for safe international trade transactions

Solutions for safe international trade transactions

VCN - The increasingly strong trend of opening up international economic integration has been opening up many trade opportunities for the Vietnamese business community. This is an opportunity to promote the export of Vietnamese goods to potential markets around the world, but the larger the "playing field", the greater the associated risks. Around this issue, Mr. Hoang Minh Chien (photo), Deputy Director of the Department of Trade Promotion, Ministry of Industry and Trade, shared about solutions for businesses to exploit these opportunities.
Fiscal policy expansion to bolster economic revival

Fiscal policy expansion to bolster economic revival

VCN - The finance sector's recent advocacy for fiscal interventions has bolstered the post-Covid-19 economic recovery, demonstrating their effectiveness. Amid the ongoing adversities confronting enterprise operations and the public, the sector is proactively formulating financial strategies to further stimulate economic recuperation.

Latest News

Government urged to probe gold traders to prevent possible market manipulation

Government urged to probe gold traders to prevent possible market manipulation

The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
Việt Nam announced National Report under 4th UN Human Rights Council

Việt Nam announced National Report under 4th UN Human Rights Council's fourth cycle reviews

Among the 241 recommendations accepted in the third cycle, Việt Nam has successfully fulfilled 209, accounting for 86.7 per cent; partially met 30 others, or 12.4 per cent. Two others are slated for fulfillment at an appropriate time.
Brand building common responsibility of whole society: ministry

Brand building common responsibility of whole society: ministry

Building and developing product brands is a common responsibility of the whole society, not a single ministry, sector, locality, or organisation, said Vu Ba Phu, Director of the Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade.
Paraguay wants to expand economic cooperation with Vietnam

Paraguay wants to expand economic cooperation with Vietnam

Paraguayan Minister of Industry and Commerce Javier Gimenez has expressed his hope to expand economic cooperation with Vietnam and the Association of Southeast Asian Nations (ASEAN) as a whole.

More News

Top legislator wraps up official visit to China

Top legislator wraps up official visit to China

National Assembly Chairman Vương Đình Huệ and his entourage arrived in Hà Nội on April 12 afternoon, concluding their official visit to China.
2024 a year for making breakthroughs: Forum

2024 a year for making breakthroughs: Forum

The year 2024 is considered a crucial period for accelerating and achieving breakthroughs in the implementation of Việt Nam’s five-year socio-economic development plan for 2021-2025.
Forum boosts economic ties among ASEAN, emerging economies, Russia

Forum boosts economic ties among ASEAN, emerging economies, Russia

An economic cooperation forum on fostering ties between ASEAN and emerging economies, and Russia convened in Hanoi on April 12.
Sustainable production a prerequisite for international economic integration

Sustainable production a prerequisite for international economic integration

This business workshop brought together members of key government, business and investment communities for peer-to-peer sharing of the most updated legal regulation on emission reduction, corporate experiences towards net zero, and to discuss concrete opportunities for enabling green transformation in Việt Nam.
Peacekeepers help promote Vietnam’s image

Peacekeepers help promote Vietnam’s image

Vietnamese peacekeeping forces are developing strongly, contributing to affirming Vietnam’s role in the world arena and demonstrating Vietnam’s efforts and commitments to joining UN peacekeeping operations and building global peace and security.
ADB maintains 6% growth forecast for Vietnam"s economy

ADB maintains 6% growth forecast for Vietnam"s economy

The Asian Development Bank (ADB) has maintained its earlier growth projection for Vietnam this year despite lingering uncertainties in the external environment. Vietnam’s economy is expected to grow at 6.0% and 6.2% in 2024 and 2025, respectively, heard a conference held in Hanoi on April 11.
Vietnam among world"s top 10 countries for pork consumption

Vietnam among world"s top 10 countries for pork consumption

Vietnam is now one of the world's top 10 countries for pork consumption, latest statistics have revealed.
EuroCham: Vietnam"s economic growth boosts European businesses’ confidence

EuroCham: Vietnam"s economic growth boosts European businesses’ confidence

The European Chamber of Commerce Vietnam (EuroCham) on April 8 released the Business Confidence Index (BCI) for the first quarter of 2024, saying that the index reached 52.8 points - the highest level since 2022.
Vietnam, Laos sign new trade agreement

Vietnam, Laos sign new trade agreement

Minister of Industry and Trade Nguyen Hong Dien and Lao Minister of Industry and Commerce Malaithong Kommasith signed a new Vietnam-Laos trade agreement following their talks in Vientiane, Laos, on April 8.
Read More

Your care

Latest Most read
Government urged to probe gold traders to prevent possible market manipulation

Government urged to probe gold traders to prevent possible market manipulation

The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
Việt Nam announced National Report under 4th UN Human Rights Council

Việt Nam announced National Report under 4th UN Human Rights Council's fourth cycle reviews

Among the 241 recommendations accepted in the third cycle, Việt Nam has successfully fulfilled 209, accounting for 86.7 per cent; partially met 30 others, or 12.4 per cent. Two others are slated for fulfillment at an appropriate time.
Brand building common responsibility of whole society: ministry

Brand building common responsibility of whole society: ministry

Building and developing product brands is a common responsibility of the whole society, not a single ministry, sector, locality, or organisation, said Vu Ba Phu, Director of the Trade Promotion Agency (VIETRADE) at the Ministry of Industry and Trade.
Paraguay wants to expand economic cooperation with Vietnam

Paraguay wants to expand economic cooperation with Vietnam

Paraguayan Minister of Industry and Commerce Javier Gimenez has expressed his hope to expand economic cooperation with Vietnam and the Association of Southeast Asian Nations (ASEAN) as a whole.
Top legislator wraps up official visit to China

Top legislator wraps up official visit to China

National Assembly Chairman Vương Đình Huệ and his entourage arrived in Hà Nội on April 12 afternoon, concluding their official visit to China.
Mobile Version