Vietnam’s Strategic Initiatives for National Development and International Cooperation

The article highlights Prime Minister Chinh’s emphasis on developing a strong defence industry, Vietnam’s pursuit of green finance cooperation with Luxembourg, diplomatic initiatives concerning maritime boundaries, and ongoing efforts to refine the Political Report. Furthermore, discussions with international partners in technology and a commitment to integrity in governance are outlined.

Prime Minister Chinh has emphasized the necessity for a robust, domestically developed defence industry, highlighting its potential to serve as a cornerstone of national industry with its strategic and dual-use capabilities. He advocates for the sector to become a leading force for Vietnam’s overall industrial development.

In pursuit of enhanced bilateral relations, Vietnam is exploring cooperation with Luxembourg in green finance. This initiative aims to leverage Luxembourg’s expertise in establishing an international financial centre, contributing to Vietnam’s ambitions of developing similar centres in Ho Chi Minh City and Da Nang.

During a recent meeting in Hanoi, Prime Minister Chinh sought the assistance of US experts, specifically mentioning their role in fostering a balanced and sustainable economic relationship between the two nations. He expressed his intention for their contributions to support Vietnam’s growth objectives.

Vietnam made a significant diplomatic gesture on March 7, 2025, by depositing a chart with the UN Secretary-General that delineates straight baselines for its territorial sea within the Gulf of Tonkin. This action reinforces Vietnam’s commitment to defining its maritime boundaries and sovereignty.

Party General Secretary To Lam has called for ongoing reviews and revisions of the draft Political Report, emphasizing its importance in shaping Vietnam’s future development. The document is designed to serve as a guiding framework for national progress.

Vietnam and the Republic of Korea have engaged in discussions focused on technology-driven growth strategies. The expertise shared in realms such as artificial intelligence and semiconductors aims to facilitate Vietnam’s modernization efforts in the tech sector.

In a disciplinary move, two officials have been expelled from the Party due to violations and misconduct. This decision reflects a commitment to maintaining integrity and accountability within governmental bodies.

During the National Assembly’s (NA) 43rd session, Chairman Tran Thanh Man announced that broad consensus was achieved on seven draft laws, paving the way for the upcoming NA session in early May.

In summary, the Vietnamese government is actively pursuing development across various sectors, including defence, finance, and technology, while reinforcing its commitment to international relations. Significant diplomatic initiatives, such as deposits with the UN and cooperative discussions with global partners, signify Vietnam’s strategic approach to enhancing its national development and global standing.

Original Source: en.vietnamplus.vn