At the event (Source: VNA) Hanoi (VNA) – The VietnamDevelopment Forum, themed “Leveraging productivity growth for sustainabledevelopment”, was held in Hanoi on December 13.
In his opening speech, Minister of Planningand Investment Nguyen Chi Dung said Vietnam achieved and surpassed 13socio-economic development goals set by the National Assembly this year. Grossdomestic product is estimated at 6.7 percent this year.
Describing productivity improvement ascrucial to Vietnam’s sustainable growth and economy, Dung hoped thatdevelopment partners, firms and experts at home and abroad will suggesteffective solutions to the government to enhance output.
World Bank Country Director in Vietnam OusmaneDione said improved productivity is significant to turning Vietnam into amiddle-income country till 2035.
He lauded Vietnam’s growth over the pastfive years, adding that there remains room for the country to improve economicproductivity, upgrade transport and logistics.
According to him, effective collaborationbetween domestic and foreign firms is important to lifting Vietnam’s status inthe global value chain.
Dione suggested the Vietnamese governmentcontinue improving its business climate, simplifying administrative procedures andproperly allocating land and capital resources.
He also underscored the importance of skilltraining, innovation and effective use of preferential loans.
During the two sessions, participants lookinto global trends and experience in increasing productivity and improvingVietnam’s status in the global value chain and agricultural production withless resources.
Prime Minister Nguyen Xuan Phuc will attendthe second session on increasing productivity for Vietnam’s sustainabledevelopment and deliver a speech to wrap up the forum.
The event was hosted by theMinistry of Industry and Trade and the World Bank in Vietnam.-VNA
VNA
