Vietnam Today

The sixth plenum of the 13th Party Central Committee opened in Hanoi on October 3 and is expected to last for a week. Many key issues will be discussed and decided on, such as Vietnam’s socio-economic development plan and State budget estimates for 2023, the State finance budget plan from 2023 to 2025, and the national master plan from 2021 to 2030 and vision to 2050.

A report from Brand Finance puts growth in Vietnam’s national brand value in 2022 at 11 per cent, rising from $388 billion to $431 billion. Vietnam has emerged as an attractive destination for foreign investment thanks to its successful fiscal and monetary policies as well as investment in human capital.

The government issued Decree No. 71/2022/ND-CP on October 1 amending and supplementing many articles in Decree No. 06/2016/ND-CP dated January 18, 2016, regarding the management, provision, and use of radio and television services. Domestic IPTV service providers will be able to compete equally with cross-border IPTV providers. The Decree will take effect on January 1, 2023.

With no sudden changes and favorable conditions for the economy externally, the Ministry of Planning and Investment (MPI) has forecast that GDP growth will reach 8 per cent in 2022 and 6.5 per cent in 2023.

The World Intellectual Property Organization (WIPO) released the Global Innovation Index (GII) Report 2022 on September 30, which ranked Vietnam at 48th out of 132 countries and territories and in the group of countries to have achieved the greatest progress in the past decade. In particular, it states that Vietnam leads the world in importing high technologies, while the country also posted a higher ranking in terms of output.

Addressing the online ASEAN-US Ministerial Dialogue on September 29, Deputy Minister of Labor, Invalids and Social Affairs Nguyen Thi Ha affirmed that Vietnam is committed to promoting gender equality and women’s empowerment, especially in employment and labor. She expressed a hope that the US will continue to cooperate and help ASEAN member countries fulfill their commitments in gender equality to fully strengthen women’s rights and post-pandemic recovery.