Hanoi (VNA) – Resident Representative of the UN Development Programme (UNDP) in Vietnam Caitlin Wiesen promised to closely coordinate with and contribute to the building and implementation of socio-economic development strategies and plans of Vietnam in a recent interview with the Vietnam News Agency (VNA). During the interview, Wiesen said Vietnam was commended for the significant preparations of all the background documents for the 13th National Party Congress, particularly socio-economic development strategy and the socio-economic development plan. The official noted these critical documents will determine Vietnam’s cause of development for the next five- and ten-year periods. Wiesen affirmed the UNDP has been delighted to partner with the Ministry of Planning and Investment and other partners to contribute to the development of the socio-economic strategy and plan, saying it is looking forward to joining the Vietnamese Government in implementing them. The UNDP … [Read more...] about UNDP vows to accompany Vietnam in development process
Lao 7th national socio%e2%80%90economic development plan
Laos’ GDP forecast to contract by 2.5 percent: ADB
Vientiane (VNA) – Economic expansion of Laos is forecast to contract this year for the first time since 1980s due to impacts of the COVID-19 pandemic, but the economy will recover in 2021, according to the Asian Development (ADB)’s recent report. The Asian Development Outlook (ADO) 2020 Update predicts Laos’ GDP to contract by 2.5 percent in 2020, marking its first negative economic growth since 1986-1987. The growth is expected to rebound to 4.5 percent in 2021, suggesting a slow recovery as the pandemic outbreak is said to subside slowly. ADB Country Director for Laos Yasushi Negishi said the COVID-19 outbreak has not only affected the economic growth in 2020 but also hampered the government’s prospect to collect revenues. The Lao government needs to improve macro-fiscal framework and accelerate public finance reform to create more fiscal space to buffer shocks, he stressed. The bank’s report also shows that agriculture would grow at 1.9 percent … [Read more...] about Laos’ GDP forecast to contract by 2.5 percent: ADB
13th National Congress of Communist Party of Vietnam opens
Looking back on the 12th tenure and 35 years of the “Doi Moi” (Renewal) process, the Party General Secretary said that, over the last five years, grasping the advantages and opportunities, and overcoming the challenges and hardships, particularly the negative impacts of the COVID-19 pandemic and natural disasters, the entire Party, people, and army have upheld a spirit of patriotism, solidarity, determination, mettle, and creativeness to work relentlessly and gain a number of very important and comprehensive achievements. Thanks to such efforts, the country has witnessed robust and sustainable growth with heightened trust among the people in the Party, State, and the socialist regime. … [Read more...] about 13th National Congress of Communist Party of Vietnam opens
Vietnam’s 13th National Party Congress officially opens in Hanoi
Prime Minister Nguyen Xuan Phuc delivers the opening speech at the 13th National Party Congress in Hanoi, January 26, 2021. Photo: N.K. / Tuoi Tre The Congress will determine goals and orientations for 2030, which will mark the 100th founding anniversary of the Communist Party of Vietnam, and a vision for national development toward 2045, which coincides with the 100th founding anniversary of the Democratic Republic of Vietnam, now the Socialist Republic of Vietnam. … [Read more...] about Vietnam’s 13th National Party Congress officially opens in Hanoi
New, outstanding issues in national development orientations for next decade
Hanoi (VNA) - Party General Secretary and State President Nguyen Phu Trong, head of the document sub-committee, has delivered the 12th-tenure Party Central Committee’s report on documents submitted to the 13th National Party Congress, pointing out many new and outstanding issues in the orientations for the next 10 years. He presented the report at the opening session of the congress, in Hanoi on January 26. The overall development goal for the 2021-2025 tenure and subsequent years is to improve the Party’s leadership capacity, ruling capacity, and combatant strength; build a clean and comprehensively strong Party and political system; enhance the people’s trust in the Party, State, and the socialist regime; inspire aspirations for a prosperous and happy country and bring into play the will and strength of the great national solidarity in combination with the strength of the era; comprehensively and concertedly promote reforms, industrialisation, and modernisation; … [Read more...] about New, outstanding issues in national development orientations for next decade