A corner of Ho Chi Minh City, the southern economic hub of Vietnam (Photo: VNA)Havana (VNA) – A number of speakers delved into Vietnam’s development path at thefourth conference of strategic studies of the Cuban Center for International PolicyResearch (CIPI) held from October 24-26.
Presenting his studyon Vietnam amid the modern international order, Dr Ruvislei Gonzalez Saez fromthe CIPI pointed to the country’s high growth in consecutive years as well asits strategy to attract foreign investment by developing industrial centres andits policy on building an international environment for development.
He also mentionedadvantages and disadvantages of Vietnam amid the US-China trade war and challengesthe country is facing in the global current context.
Meanwhile,Liurka Rodriguez Barrios from the Cuban Ministry of Foreign Affairs reviewedmilestones in Vietnam-Cuba special relations.
Based on along-standing history, orientation similarities, and mutual trust, thebilateral ties are advancing into a new period, bringing more specificcontributions to Vietnam’s reform process and Cuba’s socio-economic update, shesaid.
Barrios saidVietnam is the second biggest trade partner of Cuba in Asia and theirpartnership sees great potential for future cooperation.
In a sideline interviewwith the Vietnam News Agency, Dr Ruvislei Gonzalez Saez said he considers theVietnamese economy an “Asian tiger” thanks to its high growth rate that havebrought about changes in line with the country’s development orientations, suchas improving national competitiveness and alleviating poverty.
However, he saidthe high independence on exports, particularly to some big markets, makesVietnam more vulnerable to fluctuations in the global market.
The expertsuggested the country improve education quality to increase added values of itsproducts by boosting innovation and research, and better protecting its small-and medium-sized enterprises.-VNA
VNA
