On the afternoon of July 3, Prime Minister Pham Minh Chinh chaired a conference to promote economic diplomacy for the country’s socio-economic development in the last 6 months of 2023, organized by the Ministry of Foreign Affairs.
Also attending the conference were Deputy Prime Minister Tran Luu Quang, Minister of Foreign Affairs Bui Thanh Son, Minister and Chairman of the Government Office Tran Van Son, Chairman of the Committee for Management of State Capital at Enterprises Nguyen Hoang Anh, and leader of the Government Office. directing ministries, branches, central agencies and 94 Vietnamese representative agencies abroad.
Addressing the orientation of the Conference, Prime Minister Pham Minh Chinh welcomed the Ministry of Foreign Affairs and Vietnamese representative missions abroad for closely coordinating with ministries, branches, localities and businesses to actively deploy Actively, proactively, timely and effectively foreign affairs, including economic diplomacy, implement Directive 15 on economic diplomacy of the Secretariat in an active, methodical and orderly manner.
The Prime Minister highly appreciated the good implementation of vaccine diplomacy, which has contributed to helping our country control the epidemic, reopen soon, recover and develop socio-economically. Thanks to that, we have maintained macroeconomic stability, controlled inflation, promoted growth, and ensured major balances of the economy. By the end of 2022, public debt will be about 38% of GDP, government debt will be about 34.7% of GDP, lower than the prescribed ceiling (60% of GDP and 50% of GDP, respectively).
However, the global economy is facing “six headwinds” with strong intensity, greatly affecting all aspects of socio-economic life at home and abroad: (1) Global economic decline, rising inflation…; people’s lives face many difficulties; (2) The consequences of the COVID-19 pandemic are still lingering; (3) Geostrategic competition, protectionism, separation, fragmentation, lack of close association; (4) Conflicts threaten global food and energy security; (5) Developing countries have limited adaptability and resilience to external shocks; (6) Climate change, natural disasters and epidemics are complicated and unpredictable.
In the country, difficulties and challenges are more than opportunities and advantages; The economy has a large openness but modest scale, limited competitiveness and resistance to external shocks, heavily influenced by the global and regional economic context, especially especially the big, traditional markets of Vietnam are shrinking…
Prime Minister Pham Minh Chinh chairs a conference to promote economic diplomacy – Photo: VGP/Nhat Bac
The Prime Minister stated that, in the second quarter of 2023, GDP growth reached 4.14%, the first 6 months reached 3.72%; Therefore, to achieve the set growth target for the whole year (6-6.5%), it takes great effort, very high effort. In the context that inflation is controlled and gradually decreasing over the months, we give priority to growth by promoting 3 growth drivers (consumption; investment, including public investment, private investment and FDI. ; export).
The Prime Minister suggested that delegates focus on discussing specific solutions to promote growth drivers through attracting high-quality investment; continue to diversify markets, diversify products, diversify supply chains, promote traditional markets and expand niche markets and potential markets, accelerate the signing of FTAs, promote Vietnamese goods enter the Halal market…
Recalling the direction of General Secretary Nguyen Phu Trong at the last mid-term Central Conference, “effectively implementing the signed trade agreements, taking full advantage of the benefits that these agreements have.” This decision can bring”, the Prime Minister emphasized the need to connect provinces and cities, connect representative agencies in foreign countries, connect businesses to make the most of all opportunities, promote the spirit of Vietnam. the highest responsibility for the interests of the nation and nation, for the development of the country, for the people’s happiness and well-being.
According to Minister of Foreign Affairs Bui Thanh Son, the entire diplomatic sector always thoroughly understands and is deeply aware of the position, strategic importance, basic content and orientation of economic diplomacy in service of economic development. development of the country in the current period. Sticking to the spirit of Directive 15 of the Secretariat, the Government’s action plan on the implementation of Directive 15, and the directives of the Prime Minister and Deputy Prime Minister, the diplomatic sector has identified and thoroughly understood. economic diplomacy is the basic and central task of foreign affairs; closely coordinate with ministries, branches, localities and enterprises to implement synchronously and drastically the tasks and economic diplomacy activities with the motto of drastic, substantive, effective, with specific results, taking the people, businesses and localities as the service centers, making practical contributions to promoting the country’s socio-economic development.
The Government Portal will continue to update information about the conference.
Bao Ngoc (according to the Government newspaper)
