On the morning of January 21 (local time), in Davos, Switzerland, Prime Minister Pham Minh Chinh led a high-level delegation from the Government of Vietnam to attend and speak at the National Strategic Dialogue of Vietnam within the framework of the Annual Conference Forum The economy The 55th World Economic Forum (WEF) with the theme: Unlocking Vietnam's growth potential: Promoting investment and innovation for a powerful future.
Attend a dialogue with the Regional Director for South-East Asia The Pacific WEF Joo-Ok Lee along with over 60 Global Group leaders are members of the WEF.
At the Dialogue session, corporations expressed strong impressions with economic growth above 7% in 2024 and management results of Vietnamese Government against a backdrop of world economy facing many challenges. The Corporations shared and appreciated attractive investment opportunities of Vietnam's economy. Besides, enterprises are also eager to learn about mechanisms and policies of Vietnam for encouraging investors to participate in sectors such as infrastructure, liquefied natural gas, medical care, oil and gas industry, hospitality; power supply guarantee policies, streamlined procedures to implement projects, secure resources and remove export restrictions at some important markets of Vietnam.
Speaking at the Dialogue session, Prime Minister Pham Minh Chinh expressed his happiness to participate in WEF conferences for the fourth time and appreciated the theme of the event, thanking the participation of numerous partners and international businesses, thereby further spreading the spirit of international cooperation and highlighting the role of public-private cooperation in promoting development and prosperity of the world.
Analyzing the growth potential in Vietnam, the Prime Minister highlighted the self-strengthening capacity of the economy while coping with difficulties due to a changing economy, modest economic scale, great openness, and facing natural disasters, climate change causing many damages, especially Hurricane Yagi that devastated 26 provinces, cities / 63 provinces and cities, reducing about 0. 15-0. 2% GDP growth point in 2024, but Vietnam achieved and exceeded all 15/15 targets for socioeconomic development, achieving GDP growth above 7%, stable macroeconomics, controlled inflation, large balances of the economy are guaranteed and surplus; High political-social stability, national security is strengthened, enhanced; Social security is ensured with no one left behind.
The Prime Minister said that in 2024, Vietnam has successfully defended all key leadership positions of the Party and State, affirming the character, intellect, spirit of solidarity and unity of the Communist Party of Viet Nam, especially during difficult times.
Analyzing the major trends, Prime Minister assesses that today's world is polarized politically, diversified in markets, products and supply chains, greening of business production and services, digitization of all human activities. In addition, the world also faces problems such as climate change, population aging, resource depletion. . These are issues for countries to prioritise multilateralism, inclusive cooperation, global inclusion.
In that context, in order to unlock growth potential and achieve its strategic goals by 2030, 2045, Vietnam is focused on renewing the traditional growth drivers of investment, exports, consumption and promoting new growth drivers such as digital economy, green economy, circular economy, sharing economy, knowledge economy, innovation economy, taking science technology, innovative innovation and digital transformation as a new driver.
In 2025, Vietnam continues to prioritize promoting growth linked with maintaining macroeconomic stability, controlling inflation, ensuring large balances of the economy, striving to achieve a growth rate of at least 8% in 2025 and reaching double digits in subsequent years.
At the same time, Vietnam focused on implementing three strategic breakthroughs: institutions, infrastructure, human resources in line with the spirit of transparent institutions, transparent infrastructures, human resources and intelligent governance.
At the same time, Vietnam has made breakthroughs in building modern synchronous infrastructure including hard and soft infrastructures such as transportation infrastructure, energy infrastructure, digital infrastructure, climate change response infrastructure, healthcare, education, sports, social infrastructure etc. This contributes to reducing logistics costs and increasing competitiveness of goods products.
Sharing some strategic infrastructure projects, the Prime Minister said Vietnam expects to complete the north-south high-speed railway in about 10 years; launch a railway project connecting China and Central Asia with Europe by 2025; expect completion of nuclear power plants within five years; at the same time, many major projects on airports, seaports, highways are being strongly promoted so that in due course, striving for at least 3,000km of high speed roads by 2025.
The Prime Minister affirmed that Vietnam will continue to vigorously develop its internal resources, including people and nature, especially exploiting new development spaces such as maritime space, underground space, outer space and cultural traditions.
The Prime Minister emphasized that it is important to keep an eye on the world and regional situation, have appropriate thinking, approaches and methodologies to identify solutions for solving problems in accordance with Vietnam's situation and characteristics.
Responding to the concerns of delegates, Prime Minister Pham Minh Chinh said that Vietnam has launched a training program for 50 thousand semiconductor engineers. Vietnam is committed not to lack electricity with synchronous solutions, including wind power development, solar power, nuclear power and electricity importation. Faced with concern about real estate sector, Vietnam's information prime minister continued to perfect institutions, laws on land, real estate linked to strategic infrastructure development to open up new development spaces, thereby developing industrial property, commercial real estate, while promoting and encouraging investors to participate in one million social housing apartments programme.
The Prime Minister invited partners and investors to continue their cooperation with Vietnam in priority areas of development, including contributing to the construction, institutional improvement, attracting high-quality investment, building infrastructure, financial incentives, research and transfer of modern technology, training and attracting high quality human resources, enhancing modern governance capacity.
During the discussions, enterprises repeatedly expressed their appreciation for the determination and commitment of the Vietnamese government to improve an attractive investment environment and great interest in supporting the business community. Enterprises have high expectations for a new era of Vietnamese nationalism with outstanding development in terms of quality and quantity of the economy, said that they will accompany Vietnam in the coming period and define expanding investments and businesses in Vietnam as a long-term development strategy of enterprises.
NDO
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See also: https://baohanam.com.vn/chinh-tri/giai-phong-tiem-nang-tang-truong-thuc-day-dau-tu-va-doi-moi-sang-tao-143381.html
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