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Hanoi (VNA) – On the occasion of the ongoing 13th National Party Congress, several experts have made assessments and forecasts on the forthcoming development path of Vietnam. Gregory B.Poling, a senior fellow for Southeast Asia and director of the Asia Maritime Transparency Initiative at the Centre for Strategic and International Studies (CSIS), said that the 13th congress will review economic and diplomatic policies over the past decade and put forward adjustments for the next five years. The general target continues to turn Vietnam into a high-income country in 2045, he stated, adding that Vietnam saw an average growth rate of 6 percent in the past five years and its economy grew by 2.9 percent last year, despite serious impacts of the COVID-19 pandemic. According to him, the Vietnamese Government achieved a stunning success as it could control the pandemic and reduce its economic impacts. Meanwhile, expert Le Hong Hiep from Singapore’s Institute of Southeast Asian … [Read more...] about Experts forecast Vietnam’s development path

Seoul (VNA) – The Communist Party of Vietnam (CPV) has met the legitimate needs and aspirations of the people, hence the nation’s rapid and comprehensive developments in recent decades, said Associate Professor Martin Grossheim, an expert on Asian history at the Seoul National University’s College of Humanities. The German scholar shared his observation at an inclusive interview with the Vietnam News Agency on the occasion of the CPV’s 13th National Congress, which lasts from January 25 to February 2. According to Grossheim, the CPV successfully led Vietnamese people to victory in the past struggles for national independence against the French and American troops. The CPV officially launched the Doi Moi (renewal) process at its 6th national congress in 1986. He then talked about his first trip to Vietnam in 1987 when the country was very poor, with the poverty rate accounting for 60 percent of the population. Three decades passed, he said, and Vietnam of … [Read more...] about CPV attentive to people’s needs: German expert

Containing the COVID-19 pandemic is a critical factor, but for me, I think our biggest challenge is whether we can utilise all the chances brought by COVID-19 or not. The pandemic opens a big chance for the shift in economic growth model to the economy that relies on innovation and new trends. … [Read more...] about Việt Nam’s economic growth can even surpass expectations in 2021: expert

Hanoi (VNA) – Venezuelan Ambassador to Vietnam Tatiana Josefina Pugh Moreno has praised the sound leadership of the Communist Party of Vietnam (CPV) over the past 91 years, while emphasising the significance of the 13th National Party Congress to the future of Vietnam. In an interview with the Vietnam News Agency on the occasion of the ongoing 13th National Party Congress, the diplomat said that this political event brings great expectations not only to the Vietnamese people but also other countries in the world, especially for those having close relations with Vietnam like Venezuela. She attributed Vietnam's recent achievements, especially in economic recovery, COVID-19 prevention and anti-corruption, to the CPV’s sound leadership. She spoke highly of Vietnam’s preparations for the important event. Regarding draft documents submitted to the Congress, the ambassador expressed her impression on the methodical preparation in almost all contents, demonstrating … [Read more...] about 13th National Party Congress – the key to the future: Venezuelan diplomat

Singapore (VNA) – Singapore's manufacturing sector was the silver lining of 2020, with the sector posting growth for the full year, according to data released by the Economic Development Board (EDB) on January 26. The sector expanded 14.3 percent year on year last month. Excluding biomedical manufacturing, output grew 19.8 percent. Overall, manufacturing output increased 7.3 percent last year, compared with 2019. The chemicals cluster grew by 12.3 percent year on year last month, with all segments except petroleum recording output growth. But for the whole of last year, the chemicals cluster's output dipped by 1 percent compared with 2019. The precision engineering cluster picked up 11 percent in December, with the machinery and systems segment growing 12.6 percent on the back of higher output of semiconductor equipment and measuring devices. Precision engineering output increased 10.6 percent for the year. General manufacturing output also grew, by 5.9 percent, with … [Read more...] about Singapore: Manufacturing sector silver lining of 2020