Deputy Minister of Planning and Investment Nguyen Van Trung speaks at the ECOSOC's 2019 session.(Photo: VNA)
New York (VNA) – Vietnam on July 17 shared its experience inintegrating Sustainable Development Goals (SDGs) into building plan andstrategy for socio-economic development at the United Nations Economic andSocial Council (ECOSOC)’s High-level Segment.
At the 2019 session of ECOSOC from July 16-19 themed “Empowering people andensuring inclusiveness and equality”, Deputy Minister of Planning andInvestment Nguyen Van Trung, who leads the Vietnamese delegation at the event,presented Vietnam’s measures to mobilise state and non-state resources forSDGs.
Introducing the report on Vietnam’s spending need to make progress on SDGsimplementation, Trung said that Vietnam is desperate for some 108 billion USDfor carrying out SDGs in five main sectors of education, healthcare,transportation, rural area development, and power- water supply by 2030.
Of the total amount, the State is able to give 75.8 billion USD, and theremainder is mobilised from the private sector through the public-privatepartnership (PPP) model, official development assistance (ODA), and many otherfinancial sources, he said.
During the framework of the event, Trung and the Vietnamese delegation had aworking session with Mahmoud Mohieldin, the World Bank (WB) Group Senior VicePresident for the 2030 Development Agenda, United Nations Relations, andPartnerships. The latter hailed Vietnam’s socio-economic developmentachievements, and said he is impressed by the country’s Voluntary NationalReview on the Implementation of the SGDs.
Both sides discussed the WB’s initiative on setting up a forum for countries toshare their experience in SDGs implementation.
Vietnam stands ready to share its data system on SDGs implementation, and SDGsimplementation at local level, Trung said, describing it as a south-southcooperation channel that Vietnam could make significant contributions to theregional and global development.
At the ECOSOC’s session, participants channeled focus on emerging challengesduring the sustainable socio-economic development in countries across theworld. They laid stress on the necessity to connect global agenda andstrategies and priorities of each nation and locality, and highlighted thegovernments should find out their priorities which are in accordance with theworld’s targets.
Besides, they believed that urban area development is a formidable challenge tomake progress in SDGs implementation, particularly as it is moving faster andmore complicated than ever before.
They reached consensus that local authorities should be empowered more to raisetheir awareness and commitment to sustainable development, while encouragingthe vulnerable groups to engage in relevant activities.
SDGs could not be achieved if they are not popular among residents, they said.
Earlier, UN Secretary-General Antonio Guterres called for concrete plans andactivities to create transformative results of equality and inclusion forpeople and for the earth.
Development is not sustainable if it is not fairand inclusive, and rising inequality hinders long-term growth, he said,stressing the 2030 Agenda places the goals on inclusion, empowerment andequality, leaving no one behind at the heart of the efforts.
He pointed out four key conclusions to advance the inclusion imperative, namelyscaling up public and private investments for the SDGs, advancing globalclimate action in a manner that reduces inequality and shifting to greeneconomy, implementing the Global Compact for Safe, Orderly and RegularMigration, and leaving no one behind and achieving the SDGs through diplomacyand activities to ensure human rights.-VNA
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