HCMC – Vietnam now has a critical opportunity to strengthen its economic autonomy and resilience, paving the way for sustainable development amid global uncertainties, experts said at a seminar held by Thanh Nien newspaper on May 30.
At the seminar, experts stressed that building a self-reliant, resilient economy does not mean self-sufficiency, but rather proactive integration, mastering technology and markets, and strengthening internal capacity and adaptability.
Dr. Tran Du Lich, a member of the National Financial and Monetary Policy Advisory Council, said four recently issued resolutions form the pillars for shaping Vietnam’s long-term development vision.
These include Resolution 18 on restructuring the administrative system and building an efficient and effective civil service; Resolution 57 on breakthroughs in science, technology, innovation, and national digital transformation; Resolution 68 on private sector development; and Resolution 59 on international integration in the new context to enhance Vietnam’s global standing.
For the resolutions to be effective, he underscored the need for several key conditions: genuine reform of the institutional environment by eliminating overlapping administrative and legal barriers; elevating science, technology, and digital transformation as central drivers of growth; strengthening the role of the private sector as a cornerstone of the economy; and fostering regular, substantive policy dialogue between businesses and regulators.
Dr. Le Xuan Nghia, former vice chairman of the National Financial Supervisory Commission, emphasized the need to channel short- and medium-term capital into sectors with the highest added value, such as agriculture and services, to build a strong financial foundation.
“Vietnam needs to invest more heavily in science and technology, allocating substantial resources to truly achieve self-reliance and resilience,” Nghia said.
Nguyen Thi Thao Nguyen, deputy general director of Hoa Phat Group, suggested that the Government should quickly improve the legal framework and adopt smart protectionist policies, not only to safeguard domestic production but also to foster national pride and the entrepreneurial creativity of Vietnamese businesses.
Nguyen Tam Tien, CEO of Trung Nam Group, said that Resolution 68 has been warmly welcomed by the business community. He noted that private enterprises can now access national resources to drive their development.
