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Vietnam Sustainability Forum 2019 held

Released at: 13:55, 19/01/2019

Vietnam Sustainability Forum 2019 held

Photo: vov.vn

January 18 forum sought answers to promote economic growth and a sustainable society.

by Linh Van

Policymakers, representatives of non-government organizations, businesspeople, and experts, both local and international, exchanged ideas to promote economic growth and a sustainable society at the Vietnam Sustainability Forum 2019, held in Hanoi on January 18.

According to Deputy Minister of Planning and Investment Le Quang Manh, Vietnam needs more effective solutions to address sustainable issues in the fields of human resources, climate change adaptation, smart agriculture, the environment, and Industry 4.0.

“Promoting sustainable development is not only about economic development but also the settlement of social issues and environmental protection,” the Vietnam News Agency quoted Deputy Minister Manh as saying.

Vietnam recorded the region’s highest GDP growth last year, at 7.08 per cent, with a trade surplus of $7.21 billion; triple that of 2017.

The agricultural sector posted its highest growth for seven years, with export turnover of $40.02 billion. Vietnam has become a middle-income country, with the poverty rate declining from over 60 per cent in 1986 to around 7 per cent at present.

The scale of the economy has increased more than 17.4-fold, from $14 billion in 1985 to $244 billion in 2018. Average annual income per capita has risen to nearly $2,540 from $230 in 1985.

Deputy Minister Manh said the implementation of the national socioeconomic development strategy in 2011-2020 will bring enormous benefits to the country’s sustainable development, including improvements in biodiversity, the reduction of environmental pollution, and the more responsible use of natural resources.

Mr. Nguyen Duc Khuong, Chairman of the Association of Vietnamese Scientists and Experts (AVSE Global), said rapid and sustainable growth very much depends on the quantity and quality of human resources, especially as science and technology and innovation play key roles in creating added value.

He added that human resources are the decisive factor in workplace and capital productivity. A strategy focusing on the quality of human resources, he said, would help Vietnam gain access to sustainable development trends and digital transformation.

Ms. Caitlin Wiesen, Country Director of the United Nations Development Programme (UNDP) in Vietnam, spoke highly of Vietnam’s socioeconomic achievements in 2018, including accomplishments in poverty reduction.

She stressed the need to ensure sustainable growth through the integration of economic development with social welfare.

Vietnam needs to work towards promoting innovation and protecting the environment, as well as applying green and modern technologies, she suggested.

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