Economic cooperation development

Impressive development achievements Starting the innovation process with the determination to integrate internationally 35 years ago, Vietnam was still a country with backward and closed production. It had consistently implemented reforms, transforming from a centrally planned, subsidized economy to a multi-sectoral commodity economy, which operates under the market mechanism and the State's management and towards socialism. From 1986 to 2000, on average, the gross domestic product (GDP) grew by 6.51 percent annually. The agriculture, forestry, and fishery sector edged up 3.72 percent; the industry and construction sector rose 9.06 percent; the service sector climbed 6.66 percent. The economic structure had gradually shifted towards promoting industrialization and modernization. The agricultural sector had absolutely solved the food problem, ensuring national food security, changing Vietnam from a country with a lack of food to become the second-largest rice exporter in the world. … [Read more...] about Bright economic appearance after 35 years of innovation

Hanoi (VNA) – The success of the 13th National Congress of the Communist Party of Vietnam (CPV) will be a strong and firm political guarantee for the development of socialism in Vietnam and provide a new driving force for the country’s  socio-economic development, said Chinese Ambassador to Vietnam Xiong Bo. In a recent interview with the Vietnam News Agency ahead of the Congress, he said the CPV, founded by President Ho Chi Minh, is the genuine representative of fundamental interests of the Vietnamese people. Over the 91 years since its establishment, the CPV has led the Vietnamese people to take firm steps forwards and make historic contributions for the sake of national independence, liberation, and development and the people’s happiness. The 13th National Party Congress is a significant political event of the CPV and State of Vietnam, the ambassador said, expecting that it will elect an unyielding and strong Party Central Committee for the new tenure that … [Read more...] about Party Congress to create new development momentum for Vietnam: Chinese ambassador

HÀ NỘI — The success of the 13th National Congress of the Communist Party of Việt Nam (CPV) will be a strong and firm political guarantee for the development of socialism in Việt Nam and provide a new driving force for the country’s  socio-economic development, said Chinese Ambassador to Việt Nam Xiong Bo. … [Read more...] about Party Congress to create new development momentum for Việt Nam: Chinese ambassador

In an interview recently granted to Vietnam News Agency correspondents in Seoul, the Republic of Korea (RoK) Linh, who is also a member of the Vietnam Fatherland Front Central Committee, said the Congress is a significant political event that will encourage the entire Party, people and armed forces to continue speeding up comprehensive and synchronous reform, carrying the country towards rapid and sustainable development. … [Read more...] about VIETNAM NEWS JANUARY 25

Vientiane (VNA) - Sounthone Sayachak, head of the Lao Party Central Committee’s Commission for External Relations has attributed comprehensive achievements and progresses of the country during the national defence and construction process to the leadership role played by the Communist Party of Vietnam (CPV). During a recent interview granted to Laos-based Vietnam News Agency’s correspondents on the occasion of the CPV’s 13th National Congress, Sounthone Sayachak spotlighted successes made by the Vietnamese Party, State and People in recent times, especially in maintaining political stability and economic growth, responding to the COVID-19 pandemic and overcoming consequences of natural disasters. Vietnam has also recorded outstanding achievements in Party building, making the CPV stronger and stronger, consolidating public trust in the Party and the Government, she noted. Sounthone also pointed out Vietnam’s successes in ensuring security and defence, … [Read more...] about Lao party official spotlights CPV’s leadership role in Vietnam’s success