President Luong Cuong shares about Vietnam's development path in the new era

Politburo member and President Luong Cuong speaks at the APEC Business Summit 2025. Photo: VNA

According to information from the Ministry of Foreign Affairs, on the afternoon of October 30, during the program to attend the Asia- Pacific Economic Cooperation (APEC) 2025 Summit Week in Gyeongju city, South Korea , Politburo member and President Luong Cuong gave an important speech at the APEC 2025 Business Summit.

President Luong Cuong emphasized that the world is entering the 4.0 industrial revolution with the fundamental difference being the outstanding breakthroughs of artificial intelligence at an unprecedented speed, with profound and widespread impact globally.

The President called on the APEC business community to work with governments to deploy AI responsibly, promote open AI, and ensure inclusive AI.

The President affirmed that in the face of profound changes, instability and uncertainty that the world is experiencing, Asia-Pacific has the capacity and responsibility to play a key role in ensuring global security and economic stability, promoting new growth drivers in science, technology and digital transformation.

Sharing about Vietnam's development path in the new era, the President emphasized that after nearly 40 years of implementing the renovation process, Vietnam has achieved important and historic achievements, creating a solid foundation for the country's breakthrough development to enter a new era with the world. These are the increasingly perfected system of institutions and policies according to international standards; a dynamic and deeply integrated economy; a stable political and social system; and a network of international partners covering all five continents.

The President affirmed that these achievements were thanks to the correct policies, the hands, minds and tireless working spirit of all the people, and the much-appreciated support and cooperation of international friends.

However, according to the President, Vietnam is well aware that to achieve continuous double-digit growth towards the goal of becoming a high-income developed country by 2045, there needs to be stronger and more drastic breakthroughs to break down all barriers, remove all bottlenecks, open up and maximize the resources and intelligence of all socio-economic sectors and transform the country's development model.

President Luong Cuong speaks. Photo: VNA

In addition to promoting three strategic breakthroughs in institutions, infrastructure and human resources, the President said Vietnam is implementing a series of major reforms in law-making and enforcement, science and technology development, innovation and digital transformation; developing the private economy; improving and upgrading infrastructure, especially the energy system; and investing in people through education and healthcare.

Along with that, Vietnam continues to promote deep international integration on the basis of domestic strength playing a decisive role, increasing internal strength while taking advantage of external strength, shifting from the mindset of "participation" to "proactive contribution".

The President also introduced Vietnam's outstanding achievements in science and technology development, innovation, digital transformation and highlighted potential cooperation opportunities that partners can carry out with Vietnam in areas such as artificial intelligence, digital technology, energy, biotechnology, and smart cities.

The President stressed that in a world full of instability, uncertainty, turmoil and disruption, Vietnam offers businesses stability, security and opportunities for sustainable success.

Accompanying Vietnam, businesses will have a safe and stable political and social environment; a favorable and transparent investment and business environment; a large market of more than 100 million people; a dynamic, strongly growing and globally connected economy; a young, abundant and well-trained workforce and an increasingly complete and synchronous infrastructure system.

Source: https://laodong.vn/thoi-su/chu-tich-nuoc-luong-cuong-chia-se-ve-con-duong-phat-trien-cua-viet-nam-trong-ky-nguyen-moi-1600992.ldo