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Multi-dimensional Viet Nam reviewed

VGP - A report on multi-dimensional review of Viet Nam was released at a ceremony jointly held by the Ministry of Foreign Affairs, the Ministry of Planning and Investment and the Organization for Economic Cooperation and Development (OECD) in Ha Noi on December 8.

December 09, 2020 3:33 PM GMT+7

Report on multi-dimensional review of Viet Nam makes debut, December 8, 2020.

The report comprises of three parts: Initial Assessment, Strategic Recommendations, and From Analysis to Implementation.

The first part builds on the Sustainable Development Goals’ (SDGs) structure of People, Prosperity, Partnerships, Planet and Peace. For each of these dimensions, strengths and constraints, as well as trends that could create opportunities or hamper future growth are identified.

The second part of the report provides strategic recommendations to help Viet Nam’s transition towards an integrated, transparent and sustainable economy. 

In particular, the report suggests policies to create new opportunities in agriculture, manufacturing and services; enhance the efficiency of State-owned enterprises; strengthen Viet Nam’s tertiary education in order to upgrade skills and create innovation; and improve the management of natural and energy resources to secure sustainable growth and encourage a proactive transition to a low carbon economy.

The third and last part – From analysis to implementation – recommends Viet Nam to strengthen its capabilities for implementation and proposes a scoreboard to monitor the progress of reforms.

Speaking at the event, Minister of Planning and Investment Nguyen Chi Dung asserted that the Vietnamese Government welcomes and speaks highly of OECD’s initiatives and efforts in building the report. 

The report is an efficient tool for policy and strategy-makers, scientists, managers at both private and public sectors and Viet Nam’s development partners, he said, adding that the report is also effective for Viet Nam in building the draft socio-economic development strategy during 2021-2030 and the socio-economic development plan in the 2021-2025 period.  

By Thuy Dung