(MPI) - Deputy Minister of Planning and Investment Tran Quoc Phuong and other agencies of Vietnam discussed a draft report on Vietnam’s economy with the Organisation for Economic Cooperation and Development (OECD) in Paris, France on September 5.
Deputy Minister Tran Quoc Phuong (third from left) at the meeting. Photo: MPI
It was sketched out for the first time within the framework of a memorandum of understanding signed in November 2021 by the Vietnamese Government and the OECD for 2022-2026, under the witness of Vietnamese Prime Minister and OECD Secretary-General.
Deputy Minister Tran Quoc Phuong stressed that the Vietnamese Government highly values the draft report that jointly developed by the Asian Development Bank (ADB) and the OECD; hoped the draft report will be perfected and published on October 2022. He and representatives of OECD member countries opined on Vietnam’s economic policy management, the reform of regulations, maintaining macro-economic, inflation control, the implementation of the Green Growth Strategy, FDI attraction.
Accordingly, Vietnam has made remarkable economic progress for more than three decades. Participating in the global value chains made Vietnam achieve economic prosperity but also be vulnerable to external conditions.
The draft report on Vietnam’s economy considers the country not only to has high but also sustainable growth after the pandemic, which focus on key pillars such as: macro-economic needs to strengthen resilience of the economy; further improve the business environment and facilitate digital transformation; maintain high-investment in renewable energy.
The report carries a message of accelerating new reforms and Vietnamese economic integration in global value chains such as speeding digital transformation and green recovery, for a strong, digitized and green recovery after the COVID-19 pandemic./.
Ministry of Planning and Investment