The leader, who is on a working visit to Vietnam from May 17 to 19, said she is impressed with Vietnam’s socio-economic achievements and hoped that Vietnam will share experiences with developing countries on economic integration and development.

Minister of Foreign Affairs Bui Thanh Son (R) and Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala.

She wished that Vietnam will actively contribute to the WTO’s cooperation priorities in the time to come; soon ratify the Agreement on Fisheries Subsidies; and support the 13th WTO Ministerial Conference next year.

In response, the Vietnamese minister affirmed Vietnam's consistent policy of proactively integrating into the world and supporting an open, transparent, fair and rules-based multilateral trading system, in which the WTO plays a central role.

Son stressed that as a responsible member of the WTO, Vietnam always makes efforts to play an active role in the organisation’s cooperation frameworks.

He said the foreign ministry will further work closely with relevant agencies to beef up Vietnam's contributions to the WTO.

The host and guest discussed the WTO’s programmes on training and capacity building for Vietnam's foreign affairs staff, as well as financial and technical support for Vietnam so that the country will make deeper integration and greater practical contributions to the operation of the organisation.

Vietnam’s green economy expected to reach $300B by 2050

Vietnam has set a target of increasing its green economy's contribution to GDP from $6.7 billion in 2020 to $300 billion by 2050, Minister of Planning and Investment Nguyen Chi Dung has said.

IMF expert considers Vietnam bright spot in world economy

Vietnam’s 8% growth in 2022 was a bright spot of the region and the world, said Daniel Leigh, head of the World Economic Studies division in the International Monetary Fund (IMF)'s Research Department, which produces the World Economic Outlook (WEO).

Bac Giang affirms role of collective economy

(BGO) - Tapping local advantages, many cooperatives in Bac Giang province have been operating effectively, creating jobs and stable incomes for laborers. Accompanying the cooperatives, the provincial Cooperative Alliance has implemented many solutions, contributing to the robust development of the province’s collective economy.

Vietnam's economy to grow by 6.6% this year

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).

PM asks state-run groups, corporations to contribute to building self-reliant economy

State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Pham Minh Chinh requested on March 18.

Source: VNA