Improving institutions and establishing a new growth model.

During group discussions on the draft document to be submitted to the 14th National Party Congress, many delegates focused on establishing a new growth model for the country, restructuring the economy, promoting industrialization and modernization, and using science and technology, innovation, and digital transformation as the main driving forces. General Secretary To Lam and Prime Minister Pham Minh Chinh attended and contributed to the discussions.

Strategic autonomy is an important issue.

During the group discussion, General Secretary To Lam continued to emphasize important aspects of the economic development model. The General Secretary informed that the Politburo and the Central Committee will soon have several plans. Accordingly, they will urge relevant agencies to promptly issue a resolution on the state-owned economy.

Prime Minister Pham Minh Chinh speaks during the group discussion.

PHOTO: GIA HAN

"The state economy plays a leading role. Capital belongs to the State, land belongs to the State, mineral resources also belong to the State, so how can it not be leading?" the General Secretary emphasized, adding that while much has been said about developing the private economy and private enterprises, this does not mean forgetting the state economy and state-owned enterprises.

Next is the resolution on culture, following the resolutions on education and health. According to the plan, the two resolutions on the state economy and on culture must be completed by the end of the year.

Notably, the General Secretary also stated that after the 14th Party Congress completes personnel work, major issues related to development will be discussed immediately, including resolutions on the country's development model. Previously, we talked a lot about growth, but the country's development model must be holistic. This development model must be based on science, technology, and innovation.

In addition, the resolution also outlines solutions to promote double-digit growth. The General Secretary suggested a comprehensive consideration of economic, financial, monetary, and foreign investment factors. Without achieving double-digit growth, it will be very difficult to meet the development goals for 2030.

Regarding strategic autonomy, the General Secretary stated that this is a very important issue. According to the General Secretary, Vietnam is highly regarded for its independence and self-reliance, not being dependent on anyone. "Vietnam is confident, self-reliant, self-sufficient, and proud of its nation," General Secretary To Lam emphasized.

High growth is difficult, but there is room for improvement.

In his remarks during the discussion, Prime Minister Pham Minh Chinh emphasized the role of national unity in serving national interests and creating strength; he also analyzed the three strategic breakthroughs: infrastructure, human resources, and institutions.

With strategic infrastructure, the last term saw greater investment compared to the previous term, focusing on highways, roads, and soon the North-South high-speed railway. Ministries, sectors, and localities need to be proactive in institutional development; for example, projects that were not assigned to any locality in the previous term have now been assigned, and those who were hesitant before are now confident in undertaking them.

The Prime Minister also stated that infrastructure requires significant investment, therefore, not only the State (including both central and local governments) but also private resources need to be mobilized, and public-private partnerships are necessary for development. Simultaneously, decentralization of power and resources should be coupled with increased supervision and inspection, and improved implementation capacity.

Regarding lawmaking, the Prime Minister emphasized that it is the driving force, resource, and competitiveness of the economy; it should not only focus on management but also change the mindset to align with reality, not create a mechanism to prohibit something simply because it cannot be managed. Citing the example of the direct contracting mechanism, the Prime Minister said that it should be boldly implemented instead of bidding, which is essentially just a formalization. The important thing is that direct contracting must be impartial, transparent, and officials must be willing to take responsibility for its implementation.

Referring to the two-tiered local government system, the Prime Minister assessed that the recent revolution in the administrative apparatus had been successful, contributing to the reorganization of the country. However, with the previous three-tiered local government system and habits formed over the past 80 years, it is impossible to expect all set goals to be met immediately. With the motto of not being overly perfectionist or hasty, but also not missing opportunities, the Prime Minister suggested that it is necessary to refine the functions, tasks, and powers, and from there, form a suitable administrative apparatus, linked to job creation, personnel placement, and appropriate policy making.

Regarding promoting growth, the Prime Minister stated that it needs to be linked to the size of the economy, sustainable development, macroeconomic stability, inflation control, ensuring major economic balances, debt repayment, and sufficient revenue to cover expenditures. Citing studies from South Korea, Japan, and Singapore, the Prime Minister affirmed the need for a breakthrough in growth, linking rapid and sustainable growth to narrow the gap and ensure the achievement of both strategic goals.

While acknowledging the difficulty of setting high growth targets, the Prime Minister affirmed that we have room to achieve them. "Despite the pressure, we must set goals and strive. The more pressure our nation faces, the more we strive; the more difficulties we encounter, the more innovative initiatives we come up with. If we were satisfied with a steady growth rate of 6-7%, we could be a little more relaxed. But setting a growth target of 8% or higher creates pressure for collective effort," the Prime Minister emphasized.

Creating momentum to break through and escape the middle-income trap.

According to National Assembly Deputy Nguyen Thanh Trung (Lao Cai delegation), the transformation of the economic model will create a breakthrough impetus for Vietnam to escape the middle-income trap and achieve the goal of becoming a developed country. Specifically, combining science and technology, innovation, digital transformation, and economic restructuring will help improve productivity, quality, efficiency, added value, and competitiveness of the economy, creating new production capacity and production methods with higher quality.

Representative Trung proposed focusing on three main groups of solutions: perfecting institutions and the legal environment, considering institutions as the "biggest bottleneck" that needs to be addressed. It is necessary to build flexible and specific institutions for science and technology and innovation, while piloting mechanisms for new economic models such as artificial intelligence (AI), the digital economy, the green economy, and the circular economy. At the same time, it is crucial to create a transparent legal framework that encourages "daring to think, daring to act, daring to innovate," and accepting risks and failures in applied research, especially in the public sector and state-owned enterprises.

On the morning of November 4th, Prime Minister Pham Minh Chinh chaired a specialized government meeting on eight decrees guiding the implementation of Resolution No. 222/2025/QH15 of the National Assembly on the International Finance Center in Vietnam. In the afternoon of the same day, the Prime Minister chaired the 20th meeting of the National Steering Committee on combating illegal, unreported, and unregulated (IUU) fishing. Deputy Prime Minister Tran Hong Ha, Head of the Steering Committee, also attended. The meeting was broadcast live to 21 coastal provinces and cities.

VNA

Source: https://thanhnien.vn/hoan-thien-the-che-xac-lap-mo-hinh-tang-truong-moi-185251105000956602.htm