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Experts forecast Vietnam’s development path

On the occasion of the ongoing 13th National Party Congress, several experts have made assessments and forecasts on the forthcoming development path of Vietnam.
Experts forecast Vietnam’s development path ảnh 1Reporters of foreign news agencies work at 13th National Party Congress's press centre (Photo: VNA)
Hanoi (VNA) – On the occasion of the ongoing 13thNational Party Congress, several experts have made assessments and forecasts onthe forthcoming development path of Vietnam.

Gregory B.Poling, a senior fellow for Southeast Asia anddirector of the Asia Maritime Transparency Initiative at the Centre forStrategic and International Studies (CSIS), said that the 13th congress willreview economic and diplomatic policies over the past decade and put forwardadjustments for the next five years.

The general target continues to turn Vietnam into ahigh-income country in 2045, he stated, adding that Vietnam saw an averagegrowth rate of 6 percent in the past five years and its economy grew by 2.9percent last year, despite serious impacts of the COVID-19 pandemic.

According to him, the Vietnamese Government achieved astunning success as it could control the pandemic and reduce its economicimpacts.

Meanwhile, expert Le Hong Hiep from Singapore’s Institute ofSoutheast Asian Studies stated that Vietnam will continue pursuing extensiveeconomic integration, and expansion, multilateralisation and modernisation ofinternational relations.

Having new competent and experienced leaders is essential forVietnam to respond to future challenges such as maintaining economic growth inan instable context caused by the pandemic, anti-corruption work, anddifficulties caused by increasing US-China trade tensions, he added./.
VNA

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