As VnEconomy (English version) has earlier reported, the 3rd annual Vietnam New Economy Forum (VNEF 2025), co-hosted by the Central Commission for Policy, Strategy (CCPS), and the Vietnam Economic Association, was organized in Hanoi on October 2 afternoon by the Institute for Policy and Strategic Studies, the Department of General Economic Affairs (both under the CCPS), and Tap chi Kinh te Viet Nam (Vietnam Economic Times). 

Speaking at the event, Deputy Prime Minister Ho Duc Phoc stressed  that Vietnam is on the threshold of becoming a developed nation, and it is therefore very  important for the country to renew the growth model, foster new drivers of growth, and build a resilient, sustainable economy capable of withstanding global fluctuations.

According to the Deputy Prime Minister, the Politburo has recently issued four crucial resolutions which lay the foundation and driving force for national development.

These serve as a compass for Vietnam in the new era of transformation, aiming to build a fast-growing, independent, self-reliant, and innovative economy that proactively engages in deep international integration, he said.

To put this vision into practice, the Deputy Prime Minister said, Vietnam must secure raw material supplies, master technology, develop high-quality human resources, and diversify markets. More importantly, the country must firmly embed itself into global value chains, adopt modern governance models, and make effective use of domestic potential and resources.

In the context of  fast-changing and complex global landscape,  it is essential for Vietnam to strengthen integration, harness internal strengths, and enhance its role and value within global value chains to consolidate the economy’s resilience, Deputy Prime Minister Phoc noted.

He expressed his hope that candid, objective, and insightful recommendations made by experts, scholars, and policymakers, both domestic and international, at this forum will help improve the State’s mechanisms, policies, and solutions in a practical and effective way.