In a meeting in Hanoi on November 4 with Politburo member, Chairman of the Central Theoretical Council and President of the Ho Chi Minh National Academy of Politics Nguyen Xuan Thang, Filho said short-term solutions to stabilise the economy at the moment could undermine long-term goals.

Politburo member, Chairman of the Central Theoretical Council and President of the Ho Chi Minh National Academy of Politics Nguyen Xuan Thang (right) and Global Director of the World Bank (WB) Group's Macroeconomics, Trade and Investment Global Practice Marcello de Moura Stevão Filho.

According to the official, there are many ways to develop a sustainable economy in a long term and Vietnam has taken proper actions so far.

He said the WB is ready to work with the country to build Vietnam Report 2045, adding that it will strive to seek necessary resources to conduct the study in the coming time.

Thang said Vietnam advocates addressing immediate issues like culture, economy, politics, security and external affairs in order to create a premise for dealing with long-term matters.

Ensuring security, welfare and health of people is always the goal in every step and policy of Vietnam, he said, adding that it requires huge resources to deal with both social and economic development issues.

Thang also stressed the need to protect a peaceful environment and achieve harmonious, sustainable development in a changing world as inflation, natural disasters, floods and epidemics are affecting economic growth of many countries, including Vietnam.

Party leader’s upcoming visit to take Vietnam-China ties to new development period

General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong will pay an official visit to China from October 30 to November 2 at the invitation of General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping.

Bac Giang creates breakthroughs in development of OCOP products

(BGO) – To enhance quality and value of farm produce in associated with developing products under One Commune One Product programme (OCOP), the Standing Committee of the Party Committee in Bac Giang province (PPC) assigned the provincial Farmers’ Association (PFA) to implement the project “The PFA at all levels play core role in agriculture production  toward cooperation, linkage in value chain and improvement of OCOP products in 2022 – 2025 period” (Project) in early 2022. 

Vietnam calls for budget guarantee for UN development system

Minister Counsellor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations (UN), called for international efforts to ensure financing for the UN development system’s operation during a debate of the UN General Assembly’s Economic and Financial Committee on October 14 in New York.

Luc Ngan aims at stable development of citrus trees

(BGO)- Apart from lychee, farmers in Luc Ngan district, Bac Giang province have also invested to develop citrus trees in recent years. Thanks to high intensive farming and accurate response to market fluctuation, a number of farmers have gained high income from orange and pomelo.

Putting people in centre of development – Vietnam’s thorough policy

Putting the people in the centre of development has been a strategic orientation and a thorough action philosophy of Vietnam. The documents of all National Party Congresses have so far affirmed that the people are the most precious resource and caring for people’s happiness is the highest target of the regime.

Source: VNA