HCMC—Vietnam has called on developed nations to provide financial, technical, and technological support to developing countries.
The appeal was made during the 78th session of the United Nations (UN) Economic and Financial Committee (Second Committee), which took place in New York City, U.S., on October 3 and 4.
Vietnam’s permanent delegation to the UN highlighted that global challenges continue to impede progress on sustainable development goals (SDGs). Currently, only 15% of these goals are on track for completion, according to the delegation.
Vietnam emphasized the need for a rapid overhaul of the international financial system to mobilize resources for developing nations. The delegation also called for the rollout of aid packages aimed at achieving SDGs.
In addition to economic concerns, Vietnam urged countries to prioritize social issues. These include poverty eradication through measures such as enhancing food security, investing in education, and ensuring sustainable employment and social welfare.
The Vietnamese delegation also called on developed nations to facilitate the transfer of technology, finance, and technical expertise to developing countries.
Vietnam expressed its willingness to continue collaborating with the international community, targeting the 2030 deadline for achieving SDGs.
Prior to the session, the committee stressed the importance of cooperation in six critical areas: food security, energy, biodiversity, digitization, education, and social welfare and employment.
Vietnam’s call adds to the growing urgency for collective action to meet global sustainable development targets.
