Foreign experts herald Vietnam’s enhanced stature

Friday, 2021-01-22 11:03:45
 Font Size:     |        Print

Vietnamese seafood products sold at Tamda Food Trade Centre in Ustí nad Labem city of the Czech Republic. (Photo: VNA)
 Font Size:     |  

NDO/VNA – Vietnam’s foreign policy of multilateralisation and diversification of external relations has contributed to enhancing the country’s position in the region and the world, foreign experts said.

David Jarkulisch, a diplomat from the Embassy of the Czech Republic in Hanoi, said that Vietnam continues to be one of the fastest growing economies in the world.

While the world economy plunged into a deep recession as a result of the COVID-19 pandemic last year, Vietnam was one of the few countries to record positive GDP growth, he said in an article recently published on the website of the Czech Ministry of Foreign Affairs.

The article highlighted that Vietnam’s economic growth rate reached a remarkable 2.9% last year.

The timely prevention of the spread of the pandemic has enabled Vietnam to keep the majority of the domestic economy running, and only sectors related to tourism experienced a significant decline.

* Ho Chi Minh City has been ranked fifth as Asia Pacific investors’ most preferred market for investments by CBRE Group, Inc.

CBRE’s Asia Pacific Investor Intentions Survey 2021 was conducted between November 9 and December 14 last year. As many as 492 mainly Asia Pacific-based investors participated in the survey, which asked respondents a range of questions regarding their buying appetite and preferred strategies, sectors and markets for 2021.

“Ho Chi Minh City has already been on the radar of investors in recent years, especially those who are looking to invest in Southeast Asia, as the city is viewed as having the potential for greater appreciation in property values and higher yields,” said Desmond Sim, Head of Research, Southeast Asia, CBRE.

“Other noteworthy movement in this year’s rankings included Ho Chi Minh City, which entered the top five for the first time. With the diversification of supply chains encouraging more manufacturing investment, industrial and logistics assets are keenly sought after,” according to the survey.

* The newswire has said amid global and regional crises sparked by COVID-19, natural disasters and geopolitical changes, Vietnam has continued to show marked successes in the fight against the pandemic and in economic growth, mainly due to strong political will and drastic measures by the Government and citizens.

In an article published on January 21, the author said the country’s upcoming change in leadership, after the 13th National Congress of the Communist Party of Vietnam (CPV), will bring further new developments.

The CPV is set to convene its 13th National Congress from January 25 to February 2. With the country coming off of a strong year in 2020, the country’s next administration will likely continue to steer the country towards its socio-economic development targets as well as multilateral goals around peace, security and prosperity in the region and globally, the article said.

* Russia’s “Multi-polar world” magazine has run an article by journalist Pavel Vinogradov highlighting the context and significance of the 13th National Congress of the CPV to socio-political life in Vietnam.

The article underlined that decisions and resolutions from the congress will have a major impact on the nearly 100-million-strong country, which is developing dynamically along the socialist direction.

Ninety years since the establishment of the CPV, the national Party congress has always been a significant event marking a new period in the Southeast Asian country, it said.

It noted that the CPV, founded by President Ho Chi Minh in 1930, is still the force ensuring the success of peace building and the construction of an equal society, as well as the reinforcement of national security and defence.

Vinogradov expressed his belief that the upcoming 13th National Party Congress will create a strong impetus for Vietnam’s development towards modernisation, including growth in high technology.

Vietnam has won great prestige in the international arena, he went on, which affirms the sound policies of the Party and the State in international integration and the country’s willingness to be a friend and trustworthy partner of all countries and a responsible member of the international community.

The article cited figures from international organisations and foreign media highlighting the outstanding achievements Vietnam has recorded in all fields since the 12th National Party Congress.

In another continent, leading and prestigious newspapers in Algeria also run articles in recent weeks on the 13th National Party Congress in Vietnam.

The articles underscored the importance of the event for the country's national construction and development in the future while spotlighting its socio-economic, political, and diplomatic achievements over the years, especially amid the COVID-19 pandemic.

El Moudjahid (War Veteran), a leading mainstream newspaper in Algeria, posted two articles regarding the congress. Both affirmed that this is a great event of historical significance, marking a new milestone in Vietnam’s development as well as the growth of the CPV.

Meanwhile, the Tribune-diplomatique newspaper highlighted that Vietnam has maintained external events and international integration in both direct and online forms, thus enhancing the country’s position in the global arena.

Vietnam successfully fulfilled the roles of ASEAN Chair in 2020, President of the 41st General Assembly of the ASEAN Inter-Parliament Assembly (AIPA), and non-permanent member of the UN Security Council in the 2020-21 tenure, it said.

With the goal of becoming a high-income developed country by 2045, the draft documents of the congress manifest the desire to build a prosperous, strong, rich, democratic, modern, and equal country, it stated.

* Vietnam’s current leaders, including those to be elected by the 13th National Party Congress, want the country to play a greater role internationally and to step up proactive international integration, said Carlyle A. Thayer, an Emeritus Professor of Politics at the University of New South Wales in Australia.

The expert made his statement in a recent article, in which he mentioned that in October last year, Vietnamese leaders released the text of the draft Political Report to be submitted to the 13th National Party Congress and the text of the socio-economic development plan for the next five years.

He said according to the texts, Vietnam will continue on its path of domestic economic reform and anti-corruption drive. The nation will also step up its proactive efforts in international economic integration, including meeting its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the Regional Comprehensive Economic Partnership (RCEP) agreement and free trade agreements with the European Union and the Eurasian Economic Union.

While Vietnam has been a relative success story amidst the COVID-19, it faces several impediments to resuming high economic growth, noted the article.

* Japan's Nikkei newspaper has run a story highlighting the opportunity for Vietnam to rise stronger after the COVID-19 pandemic is completely controlled.

It spotlighted Vietnam's efforts in maintaining economic activities amid the pandemic, which made the country one of the Asian economies recording the highest growth in 2020.

The article noted that in 2020, Vietnam signed three free trade agreements (FTA), and saw the introduction of another airline, while rising to the sixth position in Southeast Asia in terms of per capita income.