Under the leadership of the Communist Party of Vietnam (CPV), Vietnam has maintained its political stability and economic growth as well as extensive integration into the regional and global economy, according to the S. Rajaratnam School of International Studies (RSIS) of Singapore.
Vietnam maintains its political stability and economic growth as well as extensive integration into the regional and global economy under the leadership of the CPV - Illustrative image (Photo: VNA)
Singapore (VNA) – Under
the leadership of the Communist Party of Vietnam (CPV), Vietnam has maintained its
political stability and economic growth as well as extensive integration into the regional and global economy,
according to the S. Rajaratnam School of International Studies (RSIS) of Singapore.
In an article published on its website on January 29, RSIS spotlighted the significance
of the 13th Congress of the CPV for strategic development goals of
the country, especially the vision to transform Vietnam into a
socialist-oriented developed country by the middle of the 21st century.
According to the article, Vietnam is already one of the few countries
that have a sustained economic expansion despite the COVID-19 pandemic. The
CPV’s role is in laying down the national direction, taking into
account strategic changes in the country, surrounding region and globally.
Vietnam has managed to raise its profile and played a constructive role in the
international arena as it pursues its external policy of peace and to be
friends to all countries, the article said.
Regarding Vietnam's foreign policy, it
that since joining ASEAN in 1995, Vietnam has been one of the most
economically-dynamic countries in Southeast Asia.
Last year, under a Vietnam-led ASEAN, the Regional
Comprehensive Economic Partnership (RCEP))
was signed, creating the world’s largest free trade agreement, it noted.
Vietnam also concluded other FTAs such
as the EU-Vietnam FTA (EVFTA) and the UK-Vietnam FTA (UKVFTA), thereby creating
new impetus for the nation’s economic growth trajectory.
Also in 2020, Vietnam became a non-permanent member of the UN Security Council
for the 2020-2021 term, it said.
Vietnam's chairmanship of ASEAN last year and its non-permanent membership of the
UNSC have helped it raise further its position and influence in the regional
and international arena, the article stressed./.