Enhancing technological capacity, attracting investment and promoting green economic transformation

(CPV) - At the forum themed "Future Orientation: Adjusting Vietnam's Economic Development Strategy and Policies in the New International Context," economists and business leaders shared insightful perspectives and contributed ideas to help Vietnam enhance its technological capabilities, attract investment, and promote a green economic transformation.

The forum was chaired by Ramla Khalidi, Resident Representative of UNDP, and Tran Thi Hong Minh, Director of the Central Institute for Economic Management.

On November 1st, in Hanoi , leaders and experts representing several central ministries and agencies, businesses, and research institutions participated in the fourth Vietnam Economic Pulse Forum (VEP) to discuss strategic and policy adjustments in Vietnam in the context of a rapidly changing global economy and technology, along with the increasing impacts of climate change.

The VEP Forum, co-organized by the Central Institute for Economic Management under the Ministry of Planning and Investment (CIEM-MPI) and the United Nations Development Programme (UNDP), has become an annual collaborative forum for analyzing policy directions aligned with sustainable technological and environmental development trends.

At the forum themed "Future Orientation: Adjusting Vietnam's Economic Development Strategy and Policies in the New International Context," economists and business leaders shared insights and contributed ideas to help Vietnam enhance its technological capabilities, attract investment, and promote a green economic transformation.

The main topics discussed at the forum included: Leveraging new environmental trade standards to enhance export competitiveness: Examining Vietnam's position under the EU's Carbon Border Adjustment Mechanism (CBAM) and the development of trade between Vietnam and the EU. Business readiness for green transition: Assessing the readiness of Vietnamese businesses to adopt sustainable practices and leverage environmental standards in global trade. Enhancing efficiency, productivity, and technological progress: Evaluating the state of efficiency and productivity in several key industries and exploring ways to promote technological progress to strengthen Vietnam's long-term economic performance.

Economists and business leaders shared insights and offered suggestions to help Vietnam enhance its technological capabilities, attract investment, and promote a green economic transformation.

The VEP Forum emphasizes a long-term vision to promote an inclusive, sustainable, and shock-resistant economic framework, enabling Vietnam to become a green technology and innovation powerhouse. With a forward-looking strategy, Vietnam can adapt and thrive in a rapidly changing global landscape.

In her opening remarks at the forum, UNDP Resident Representative Ramla Khalidi emphasized the importance of forward-looking policies. She stated: “This year’s Economic Pulse forum theme reflects our commitment to proactive, forward-looking strategies to enhance resilience and capitalize on emerging opportunities. Having navigated a challenging period marked by increasing political instability and the powerful impacts of climate change, Vietnam continues to demonstrate resilience. With economic strength, technological progress, and climate adaptation at the heart of its leadership, today’s forum discussions shed light on strategic options Vietnam can consider toward building a sustainable and highly competitive future.”

Echoing the sentiments of the UNDP Resident Representative, Ms. Tran Thi Hong Minh, Director of the Central Institute for Economic Management under the Ministry of Planning and Investment, stated: “Today’s forum strongly demonstrates our commitment to promoting sustainable, inclusive, and resilient economic development for Vietnam. As we strive to navigate an increasingly complex global landscape, marked by geopolitical shifts and environmental challenges, the VEP forum helps us collectively analyze and build a roadmap toward the future, positioning Vietnam as a leader in green technology, innovation, and sustainable development.”

Initiated in 2021 by the Ministry of Planning and Investment and the United Nations Development Programme (UNDP), the Vietnam Economic Pulse Forum is an annual event aimed at bringing together the knowledge of policymakers, academics, and entrepreneurs to discuss current leading economic issues and share perspectives on emerging trends in business and economics, particularly those related to achieving the Sustainable Development Goals. Participants benefit from access to in-depth analyses and opportunities to exchange ideas with experts from diverse fields.

Each VEP forum focuses on a specific topic that is increasingly important for sustainable economic development in Vietnam. Research papers are presented by domestic and international experts revolving around this topic, followed by a panel discussion involving policymakers, international experts, and investors.

Source: https://dangcongsan.vn/kinh-te/viet-nam-nang-cao-nang-luc-cong-nghe-thu-hut-dau-tu-va-thuc-day-chuyen-doi-kinh-te-xanh-682089.html