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Minister emphasises need to improve resilience of national economy

Improving the resilience and self-reliance of the national economy, laying a groundwork to build an independent and self-reliant economy integrated extensively and effectively into the world, holds particular significance for Vietnam in the new context, Minister of Planning and Investment Nguyen Chi Dung has said.
Minister emphasises need to improve resilience of national economy ảnh 1Minister of Planning and Investment Nguyen Chi Dung. (Photo: VNA)

Hanoi (VNA)♓ - Improvingthe resilience and self-reliance of the national economy, laying a groundwork to buildan independent and self-reliant economy integrated extensively and effectively into the world,holds particular significance for Vietnam in the new context, Minister ofPlanning and Investment Nguyen Chi Dung has said.

In an interview recently granted to the Vietnam News Agency, Dung said this approach aligns closelywith the consistent direction and guidelines outlined in the Party and State'sresolutions, strategies, and socio-economic development plans. Following the National Assembly's approval of a resolution on the socio-economic development plan for 2024 at its 6thsession, the Government swiftly issued resolutions to translate it into actions,he added. As complicated and uncertain global and domestic developmentsare forecast to persist, with numerous challenges ahead, achieving the set socio-economicdevelopment goals requires resolute and focused efforts to expedite key tasksand solutions, he said, adding that it is imperative to improve institutional refinement and law enforcement, thuscreating conditions to unlock, mobilise and use all resources effectively fordevelopment. Concurrently, significant strides must be made in strategicbreakthroughs concerning institutions, human resources, and infrastructuresystems. For businesses, he suggested instilling a spirit of innovation,self-reliance and adaptability, urging enterprises to seize even the smallestopportunities and devise contingency plans to navigate future uncertainties. He stressed the importance of anticipatingemerging trends, particularly in green economy and circular economy, and acceleratingdigital transformation and technology adoption to improve productivity,quality, efficiency and competitiveness. According to the minister, it is crucial to strengthen collaborationwith enterprises, especially those willing to transfer advanced techniques, newknowledge and cutting-edge technologies worldwide. There should be a heightened focus on improving the qualityof human resources through enhanced training and retention mechanisms,particularly skilled and high-level workers, as well as labour restructuring toadapt to and stay ahead of emerging market trends, he said./.
VNA

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