13th National Party Congress: High hopes on Vietnam’s future

The Communist Party of Vietnam, guided by Ho Chi Minh's thought, will continue leading the country to new victories, prosperity and development.
13th National Party Congress: High hopes on Vietnam’s future hinh anh 1Flags are hung along a street in Hanoi ahead of the 13th National Party Congress (Photo: VNA)

Hanoi (VNA) - The Communist Party of Vietnam, guided by Ho Chi Minh's thought, will continue leading the country to new victories, prosperity and development.

The remark was made by Irmina Perojo, Chargé d'Affaires of the Cuban Embassy in Vietnam in an interview granted to the Vietnam News Agency (VNA) on the threshold of the 13th National Party Congress of the Communist Party of Vietnam (CPV).

As a key political event for the Party, State, and people of Vietnam held every five years, and with achievements that Vietnam has reaped under the past years under the leadership of the Party, especially successes in economic growth and fighting the COVID-19 epidemic, the 13th National Party Congress has attracted attention both in Vietnam and around the world as it will mark an important milestone in setting out orientations for the country’s reforms, integration and development in the time ahead.

Emphasising the significance of the 13th National Party Congress to the future of Vietnam, Venezuelan Ambassador to Vietnam Tatiana Josefina Pugh Moreno spoke highly of preparations for the 13th National Party Congress from the grassroots level, including documents submitted to the event.

She took note that apart from reviewing the implementation of the Resolution of 12th National Party Congress and 35 years of the Doi moi (Renewal) process, the congress will set tasks and orientations in the future.

13th National Party Congress: High hopes on Vietnam’s future hinh anh 2Venezuelan Ambassador to Vietnam Tatiana Josefina Pugh Moreno anwers Vietnam News Agency (Photo: VNA)

The ambassador paid attention to specific objectives put forward in the documents to be submitted to the Congress. By 2025, it is hoped that Vietnam will become a modernity-oriented industrialised developing country and graduate from the lower-middle income group. By 2030, also the centenary of the founding of the Party, Vietnam will become a developing country with modern industry and join the upper-middle income group. By 2045, the centenary of the nation’s founding, Vietnam is envisaged to become a developed and a high-income country.

According to the World Bank, which has a positive view on Vietnam’s economy, the country’s development over the past 30 years has been remarkable.

Economic and political reforms under Doi moi, launched in 1986, have spurred rapid economic growth, transforming what was then one of the world’s poorest nations into a lower middle-income country. Between 2002 and 2020, GDP per capita increased by nearly three times, reaching 3,521 USD in 2020, and more than 45 million people were lifted out of poverty. The poverty rate declined sharply from over 70 percent to about 2.75 percent last year, while the near-poverty rate sat at about 4 percent.

Statistics from the Ministry of Planning showed that by late 2020, the Vietnamese economy’s GDP reached a record level of 343 billion USD.

13th National Party Congress: High hopes on Vietnam’s future hinh anh 3Ho Chi Minh City, the southern economic hub of Vietnam (Photo: VNA)

Vietnam's economic development and social stability over the past decade are very impressive, said JaeHo Jeong, Hanoi Bureau Chief of the Republic of Korea (RoK)'s HANKOOKILBO.

“I think Vietnam will have a brighter future than the present,” he said, adding “its role will increase amid the rapidly changing global situation”.

JaeHo Jeong said Vietnam has conditions and potential to become a developed country in the future as it boasts rich resources and abundant labour, a high education level, geographical advantages connecting Asia and the world, an efficient government and patriotic citizens.

He attributed the achievements Vietnam has reaped over the past years to the Vietnamese Government's clear plan and the active participation of the people.

The Korean journalist also forecast that RoK companies' investment in Vietnam will increase further as the Southeast Asian nation still provides an attractive investment environment for foreign companies despite the COVID-19 crisis.

The sense of national stability coming from the successful pandemic control is one of the important reasons for the increase in investment by Korean companies, he said, adding there is a high possibility that new investments by RoK electronic components and hi-tech companies will increase in the near future.

Due to the US-China trade war, many Korean firms are already relocating their factories to Vietnam and “brown” investments, including joint ventures and acquisitions of stakes by Vietnamese companies, continue to increase. 

13th National Party Congress: High hopes on Vietnam’s future hinh anh 4RoK-invested ITM Semiconductor Vietnam in the Vietnam - Singapore Industrial Park, Bac Ninh province (Photo: VNA)

According to the Korean journalist, more industrial facilities based in China will be relocated to Vietnam, and it will also serve as a key country connecting Europe and Asia with the Europe-Vietnam Free Trade Agreement (EVFTA) taking effect, adding nearby Indochinese countries are predicted to take a long time to catch up with Vietnam due to a lack of industrial infrastructure.

“As the current trend continues, it is certain that Vietnam will solidify its position as a leader of Southeast Asia”.

Sharing views with the RoK colleague, reporter Ngo Xuan Tung, who works for CNA Singapore, said that Vietnam has the potential and conditions to realise its goal of becoming a developed country by 2045 because it has a young population and an attractive investment environment.

However, in the context of many new and complicated developments in the region and the world, Vietnam will face many challenges in realising the above goal.

“Vietnam needs to have policies to concretise the realisation of targets with synchronous solutions from the central to local level,” he underlined.

The story of development poses a challenge to the environment that people are very concerned about, he said, adding that Vietnam has paid much attention to ensuring the environment for sustainable development by selecting investors based on quality instead of quantity and attaching importance to the factor of increasing technology content.

Vietnam's potential and strengths, if fully tapped, will become conditions for the country to make its dream come true, he noted.

13th National Party Congress: High hopes on Vietnam’s future hinh anh 5Vietnam has the potential and conditions to become a developed country by 2045 because it has a young population and an attractive investment environment. (Photo: VNA)

According to Israeli Ambassador to Vietnam Nadav Eshcar, Vietnam has a good development policy under the leadership of the Communist Party of Vietnam. The Party leadership and the Government’s socio-economic development efforts have received support from people at home and abroad.

With the dual goal of combating the COVID-19 pandemic and restoring the economy, Vietnam closed the year 2020 with an economic growth rate of 2.91 percent – listed among the countries with highest growth rate worldwide, and a trade surplus of over 19 billion USD.

The year 2020 was also a success in the country’s foreign policy in its capacity as a non-permanent member of the United Nations Security Council and the ASEAN Chair.

Vietnam is increasingly raising its position in the region and is one of the most important members of ASEAN, he said, adding that it is also a responsible member and has been making positive contributions to the international community.

“The successful ASEAN chairmanship last year will maintain Vietnam’s high status in the future”.

13th National Party Congress: High hopes on Vietnam’s future hinh anh 6Israeli Ambassador to Vietnam Nadav Eshcar at an interview with Vietnam News Agency (Photo: VNA)

Agreeing with that, Irmina Perojo said under the Party’s leadership, Vietnam has also stepped up economic integration and fulfilled its role in promoting peace and multilateralisation of ties worldwide.

Vietnam’s successes were also highlighted on the mass media in the world including the US, Russia and Germany, she said.

“With its accomplishments in economic development and international integration, the CPV will continue to lead Vietnam towards new successes in the future,” the Cuban diplomat believed./.

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