Prime Minister seeks US experts' expertise for economic growth goals
In a reception in Hanoi on March 15 for Vallely, PM Chinh also asked the professor to have a voice with the US administration for the two sides to push for a balanced, harmonious and sustainable economic relationship.
PM Pham Minh Chinh (R) and Prof. Thomas Vallely in their meeting on March 15. (Photo: VNA)
Hanoi (VNA) - Prime Minister Pham Minh Chinh has called on Prof. Thomas Vallely, Senior Advisor for Vietnam at the Columbia University’s Southeast Asia Institute (USA) and his colleagues to continue with policy consultations to help Vietnam reach its 8% economic growth target in 2025 and achieve double-digit growth in the following years.
In a reception in Hanoi on March 15 for Vallely, PM Chinh congratulated Vallely on receiving the US Presidential Citizens Medal bestowed by President Joe Biden, praising his role in fostering the bilateral ties, especially in education and policy dialogue.
PM Chinh thanked Vallely and Prof. Nguyen Thi Lien Hang at the Columbia University for sustaining the Vietnam Executive Leadership Programme (VELP) despite the US's funding cuts, and encouraged more US universities to partner with Vietnamese counterparts, including opening campuses in Vietnam.
Vietnam always wants to strengthen cooperation with the US, he said, stressing that the Vietnam - US Comprehensive Strategic Partnership is opening door for broader collaboration, ranging from economy, trade, investment to education and training.
At the reception (Photo: VNA)
The government leader affirmed that Vietnam has taken proactive measures to address US concerns, including trade imbalance through discussions with the US Ambassador and businesses to ensure a stable, sustainable and mutually beneficial partnership.
He asked for Vallely’s recommendations to revitalise traditional growth drivers, foster new growth engines, advance sci-tech, digital transformation and innovation, and support the development of the private sector.
The host also proposed the professor to give advice on securing financial resources, transferring technology, training talents, improving governance, and refining institutional frameworks for Vietnam.
Vallely, for his part, acknowledged Vietnam’s commitment to sci-tech, innovation and digital transformation as the bedrock for future growth, as demonstrated by the Politburo’s Resolution 57 issued on December 22, 2024. He highlighted Vietnam’s strategic focus on green energy, nuclear power, artificial intelligence, and semiconductor development.
He also pledged support from the Columbia University and himself to offer strategic policy consultations to Vietnam, expecting to sustain the VELP and establish an internal dialogue on shared concerns, including sci-tech, innovation, private economy, and Vietnam-US relations./.
PetroVietnam Gas Joint Stock Corporation (PetroVietnam PV Gas) signed Memoranda of Understanding with ConocoPhillips, an independent exploration and production company, and Excelerate Energy regarding long-term liquefied natural gas (LNG) purchase agreements.
NA Vice Chairwoman Nguyen Thi Thanh expressed her delight at the positive progress in the Vietnam - US relations, highlighting 2025 as a significant milestone marking 30 years since the normalisation of their ties.
Ambassador Dang Hoang Giang, Vietnamese Permanent Representative to the UN, affirmed that cinema plays a vital role as a cultural bridge, helping the two peoples become closer and understand each other over the 30 years of normalisation, development, and enhancement of bilateral relations.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.