Regional and international media interest in Viet Nam’s development orientations in the next tenure

The outcomes of the Communist Party of Viet Nam (CPV)’s 13th National Congress have continued to be in the spotlight of regional and international media outlets.
International media interest in Viet Nam’s development orientations in the coming years
The 13th Party Central Committee makes its debut. (Photo: Tuan Anh)

The Malaysia-based New Straits Times on February 1 spent half a page in its World column reporting the results of the congress. The article emphasised that Party General Secretary Nguyen Phu Trong's determination to fight corruption has been supported by the majority of the Vietnamese people and CPV members. According to the article, the promotion of the campaign against corruption is one of the top tasks of the CPV in the next tenure.

Meanwhile, the Malaymail highlighted the next tenure will focus on post-COVID-19 economic recovery and development.

The Republic of Korea’s news agency Yonhap commented that the outcomes of the congress showed that Viet Nam is focusing on the stability of its State. The country will maintain its current stance and policies, open to the outside world and attract foreign investment as a driving force for economic growth.

In the recent interview, Kyle Springer, senior analyst at the Perth USAsia Centre, Western Australia, said the outcomes of the Congress are important to Australia given that both countries are building a deeper strategic partnership and Australia wants to develop an economic partnership with Viet Nam.

“Australia’s relations with Viet Nam have expanded significantly since the last Party Congress in 2016. They established a formal strategic partnership in 2018 and are now in two major, multilateral trade agreements together: CPTPP and RCEP,” Springer said.

To Australia, he said, Viet Nam’s economic direction after the congress will become ever more important as Australia seeks to diversify its trade and investment relations with reliable neighbours such as Viet Nam.

Reuters also reported on the key politic event of Viet Nam, saying the country aims to rev up its economy over the next five years, trusting on its custom-tooled mix of free trade deals, privatisation and tight COVID-19 curbs.

In an article, the news agency said with a raft of free trade deals envied by regional peers and increasing attraction of investor, the party formally approved goals to raise growth beyond an annual 6 per cent in the pre-pandemic era to 6.5-7.0 per cent for the 2021-2025 period.

According to Reuters, in an economic development blueprint, Viet Nam would boost its growing role as a key manufacturing hub for global giants like Samsung Electronics Co and Intel Corp. At the same time, the party is targeting raising the country’s profile beyond a low-cost labour destination to a centre for science and technology.

Germany’s Süddeutsche Zeitung newspaper also noted that Viet Nam has risen economically at an almost unprecedented rate over the past few decades and that effective prevention of the COVID-19 pandemic has strengthened the party’s strength.

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(Source: VNA)