Brian Jeffrey
General Secretary To Lam highlights the central importance of economic and social development for Vietnam’s future prosperity in his article titled “Resolute in Building a Strong Party, a Prosperous Vietnam, and a Democratic, Just, and Civilized Society.”
This principle aims to drive socio-economic progress towards achieving development goals for 2035 and 2045, with a core ethos of prioritizing the well-being of the people.
This approach has been instrumental in significantly reducing poverty in Vietnam from 60% in the early 1990s to under 3% currently, showcasing the nation’s global recognition.
Despite progress, challenges persisted post-2019, notably exacerbated by the COVID-19 pandemic, leading to bureaucratic hurdles, fear-based decision-making, and hindrances to citizen welfare, business operations, and economic growth.
Recent data indicates a decline in private sector investment growth, stagnant or negative real growth rates, a concerning business landscape with companies facing challenges, and a lack of economic liquidity affecting the overall climate.
General Secretary To Lam emphasized the immediate need to address existing obstacles, create a conducive environment for businesses, encourage investment, and ensure sustainable national development through comprehensive reforms.
Long-term strategies focus on building a modern socialist-oriented market economy, promoting investment and business activities, and maximizing resources for environmental protection and climate change adaptation.
The ultimate goal is centered on the people’s well-being, their involvement in the renewal process, and ensuring no one is left behind in the pursuit of happiness and prosperity.
General Secretary and President To Lam’s priority tasks include reviewing targets set by the 13th Party Congress, developing breakthrough solutions, and accelerating goal achievement to drive economic growth and sustainable development.
Achieving growth rates in line with the National Assembly’s targets for 2024 and 2025 presents significant challenges, requiring a focused approach to meet set goals amid a complex global landscape.
The Party’s guidelines and policies must be institutionalized into laws for effective implementation, reflecting the aspiration for economic growth and national advancement rooted in self-reliance, confidence, and pride.
