Home breadcru News breadcru Policy breadcru Multiple focus of Vietnam's VND350-trn recovery, development programme

Multiple focus of Vietnam's VND350-trn recovery, development programme

28 Mar '22
2 min read
Pic: Shutterstock
Pic: Shutterstock

Vietnam’s VND350-trillion socioeconomic recovery and development programme will focus on economic reopening, healthcare capacity building, disease prevention and control, social security, employment, business recovery support, infrastructure development; institutional and administrative reforms and improving business environment, according to Prime Minister Pham Minh Chinh.

The country is focusing on three strategic breakthrough stages: institutions, infrastructure and human resources, he said.

The prime minister said this at the Vietnam Business Forum (VBF) 2022 held early this month in Hanoi. The event was jointly organised by the VBF Alliance, the ministry of planning and investment, the World Bank and the International Finance Corporation.

Regarding institutions, he said Vietnam will focus on amending and supplementing the legal system, especially new practical issues that need to be adjusted to remove obstacles in mechanisms and policies.

On infrastructure, the country will concentrate on strategic infrastructure, especially transport infrastructure, digital infrastructure and climate response infrastructure.

With respect to human resource training, Vietnam has changed strongly from mainly equipping knowledge to comprehensively developing learners' capacity and qualities.

In addition, the country will continue to build and develop an advanced culture imbued with national identity; accelerate anticorruption, get rid of badly conducted public employees, and reduce troubles for people and businesses, he said.

Vietnam is speeding up digital transformation and fostering green transformation while not sacrificing the environment, progress and social justice to pursue only economic growth, he was quoted as saying by press release from the forum.

ALCHEMPro News Desk (DS)

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