Illustrative image (Photo: VNA)Such agreements as the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free TradeAgreement (EVFTA) to which Vietnam is a signatory will open up wide doors forthe country to further integrate into the world.
Economist Nguyen Minh Phong forecast that Vietnam’sagriculture, industry, export-import, and the domestic financial, stock andreal estate markets will grow further in the year.
Notably, with the current growth rate of the local processingsector, Vietnam would join the group of newly-emerging industrialised countries in the coming years.
Pham Dinh Thuy from the General Statistics Office said thatthe GDP growth target of 6.5 percent set by the Government is feasible in the normal situation.However, this would be a challenge for the country as 2021 is the first year of implementing the 2021-2025 socio-economic development plan.
The official pinned hope on the development of suchsectors as food, garment-textile, wood processing, metal production,construction and electricity production.
To achieve the set economic targets, it is a must tocontain the COVID-19 pandemic, he said, suggesting stepping up economicrestructuring, churning out typical products, streamlining administrativeprocedures, improving the domestic investment environment, and improving the country’scompetitiveness.
Thuy also highlighted the significance of tradepromotion and foreign investment attraction, which, he said, needs specificplans.
Pham Viet Hoai, Chairman of Kym Viet JSC, said theapplication of digital technology would bring about positive results to any firm.
According to Deputy Minister of Planning andInvestment Tran Duy Dong, after the PM adopted the national digital transformationprogramme, many sectors have reaped significant outcomes, benefiting people andthe entire economy.
Digital transformation is vital as it helpsenterprises improve their business governance and adapt to thelatest changes in technology, market and consumer taste, he said./.
VNA
