Fundamentally changing the way resources for national development are organized and managed.

On the morning of May 20th, at the Party Central Headquarters, General Secretary and President To Lam worked with the Central Policy and Strategy Committee and relevant agencies on assessing national development resources in conjunction with achieving double-digit economic growth and establishing a new growth model.

A view of the work session.

Attending the working session were Comrade Tran Cam Tu, Member of the Political Bureau and Standing Secretary of the Central Committee; other members of the Political Bureau, members of the Central Committee, members of the Party Central Committee, leaders of central departments, ministries and agencies; and representatives of the leadership of several state-owned economic groups.

After hearing the report from the Central Policy and Strategy Committee and the opinions expressed at the working session, General Secretary and President To Lam affirmed that our country has very large and important foundations to enter a new, higher stage of development. However, the mechanisms for managing, exploiting, mobilizing, allocating, using, and developing resources have not kept pace with the requirements of new development; a fundamental change in the way development resources are organized and operated is necessary.

The General Secretary and President emphasized that double-digit economic growth cannot be the result of prolonging the old growth model, nor can it rely solely on increased investment capital, expanded credit, land exploitation, additional projects, the use of cheap labor, processing and assembly, or attracting FDI through mere incentives. The old approach may create temporary growth, but it is difficult to achieve sustainable growth and even more difficult to overcome the middle-income trap. The crucial issue is to innovate thinking about resources. Resources cannot be considered readily available, finite, and merely for distribution. Resources must be created, enriched, connected, and multiplied.

Suggesting a continued thorough assessment of the country's development resources, the General Secretary and President requested clarification on which resources are outstanding advantages, which can be mobilized immediately, and which are potential resources yet to be transformed into driving forces for development. He also emphasized that institutions and governance are special resources, the most important of all resources, and that institutional reform in the coming period should not only involve amending laws and procedures, but also liberating productive forces, opening up development space, and creating new growth drivers.

General Secretary and President To Lam speaks at the working session. (Photo: DANG KHOA)

The General Secretary and President also pointed out the limitations: The efficiency of capital utilization is not high; the private sector is large but not strong. Land, public assets, infrastructure, and development space are enormous resources, but many resources are still in the planning stage, in procedures, in slow-progress projects, in public assets that have not been effectively exploited, land is not properly valued, and infrastructure is not synchronously connected. Vietnam has a population of over 100 million people, a large workforce, but there is a shortage of high-quality human resources. Science and technology, innovation, and data should be the resources for breakthroughs, but currently data is still fragmented and not interconnected; science and technology need to shift strongly from dispersed research to solving development "problems". Culture, people, national brand, and social trust are very important endogenous resources, but have not been exploited to their full potential…

The General Secretary and President emphasized that the mechanism for mobilizing, allocating, utilizing, and transforming resources must be considered central; not just asking "what resources do we have," but "what mechanism will allow these resources to be used for development." We must shift from scattered, average, localized allocation based on terms of office and administrative boundaries to allocation based on efficiency, productivity, spillover effects, and output results. The conditions for resources to serve the goal of double-digit growth must be clarified; macroeconomic stability must be a fundamental condition. A new growth model and implementation mechanism must be clearly established; this new growth model must rely more heavily on productivity, science and technology, innovation, digital transformation, and data; the private sector is the most important driving force.

The focus should be on the mechanisms for mobilizing, allocating, utilizing, and transforming resources; we shouldn't just ask "what resources do we have?", but "what mechanisms will allow those resources to be used for development?".

General Secretary and President To Lam

Orienting key tasks and solutions, the General Secretary and President proposed building an institutional package to unlock resources, focusing on land, investment, planning, construction, public assets, capital markets, science and technology, new economic models, and controlled pilot mechanisms… He called for a decisive abandonment of the "if you can't manage it, ban it" mentality; ensuring that each issue or content is regulated by only one law; maximizing administrative procedure reform; shifting strongly from pre-approval to controlled post-approval; and ensuring transparent, consistent, stable, and forward-looking legislation. He also called for the inventory, digitization, and release of currently stalled resources; removing bottlenecks; and definitively resolving issues such as suspended plans, projects hampered by procedures, slow-moving projects, and outstanding cases…

Focus resources on fast-growing growth poles, projects, and industries with high spillover effects. Public resources must lead the way, reduce initial risks, open up development space, and activate other resources. Develop businesses, capital markets, and resources within the population. Use productivity, science and technology, data, and high-quality human resources as the main drivers. Science and technology must focus on solving major national, industry, sector, and local problems. Prepare strategic human resources for new industries and sectors. Build a national brand; shift Vietnam's positioning from a cost-competitive destination to an innovative, green, reliable nation with technological capabilities and cultural identity.

The General Secretary and President instructed the Central Policy and Strategy Committee to coordinate with the Party Committee of the Government to finalize the report on national development resources and submit it to the Politburo for consideration.

HANH NGUYEN

Source: https://nhandan.vn/thay-doi-can-ban-cach-thuc-to-chuc-van-hanh-nguon-luc-phat-trien-dat-nuoc-post963479.html