The action plan is aimed at implementing the Party Central Committee Secretariat’s Directive No. 15-CT/TW dated August 10, 2022, on economic diplomacy for the country’s development to 2030.

The Government defines economic diplomacy as a central task of the diplomatic sector, an important driving force for national development, and a pioneer in mobilising external resources, thus contributing to the cause of industrialisation and modernisation, and strengthening the capacity, competitiveness, and resilience of the economy.

The action plan underlines the importance of continuing to expand and deepen relations with bilateral and multilateral forums, to make the most of political relations to promote economic cooperation and linkages to serve development.

It also stresses the need to closely monitor the impact of strategic competition among major powers, as well as strategic adjustments, policies, and economic initiatives of big countries towards the region in order to take advantage of opportunities and minimise potential threats.

The Government targets to increase the quality of international economic integration, and effectively implement international commitments, including "new-generation" free trade agreements (FTAs), and bilateral and multilateral agreements in the fields of finance, customs, social insurance, and labour. It also aims to improve the awareness and enforcement capacity of FTA commitments.

The Government also aims for a higher position of the economy in the global value and production chain, establishing a stable and reliable network of partners for important industries and fields in service of green transformation, sustainable development, digital transformation, technology transfer, and modern technology application.

It will actively perfect the defence system to protect the domestic economy, enterprises, and market in line with international commitments.

The Government also looks to strengthen the early warning capacity of trade remedy cases, as well as the capacity to handle international trade and investment disputes.

Hanoi to spend 437 trillion VND on housing development until 2025

Hanoi will spend 437 trillion VND (18.3 billion USD) on housing development in the 2021-2025 period.

Development opportunities for Danh Mountain ginseng

(BGO) – Recently, the Danh Mountain ginseng in Bac  Giang province has been intensively processed into attractive products with eye catching label, package, added value and economic effeciency. During the lunar New Year holiday, these products were smoothly consumed on the market, helping open up more chance for development.

Facilitating Khe Ro tourism development

(BGO) – Though Khe Ro Ecotourism Site (Khe Ro) in An Lac commune, Son Dong district of Bac Giang province has many advantages, the traffic difficulty becomes a wedge for visitors. The district People’s Committee determined to awake local tourism potentials by investing in several linkage routes.

Socio-economic development targets in 2023

The 15th National Assembly’s 4th session approved a Resolution on the socio-economic development plan in 2023, with GDP targeted at 6.5% and per capita GDP at 4,400 USD.

Press agencies contribute to NA’s success and nation's overall development

Leaders, reporters, editors, and employees of Dai Bieu Nhan Dan (The People's Representative) Newspaper and the National Assembly (NA)’s television channel should continue to unite and support each other because the development of the two agencies will contribute to the success of the NA as well as the overall development of the country.

Source: VNA