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Key Developments and Initiatives in Vietnam: March 18 Briefing

On March 18, Prime Minister Pham Minh Chinh led discussions on science and technology, emphasizing citizen-centric governance and waste prevention. Vietnam is projected to rank among the top economies by 2030 according to DHL, and Vietnamese rice is gaining popularity in Japan. Additionally, significant funding was raised for a local AI platform, and a rise in tax revenue from e-commerce was reported. Hanoi has also finalized renovation plans for a historic square.

On March 18, Prime Minister Pham Minh Chinh emphasized the importance of centering citizens in science and technology development, innovation, and digital transformation in Vietnam. During the inaugural meeting of the Government steering committee focusing on these areas, he urged for the reduction of administrative procedures and the facilitation of public services tailored to serve citizens and businesses effectively.

In his directives, Prime Minister Chinh also highlighted the role of ministries and localities in preventing wastefulness, considering it a collective responsibility of the political system. He outlined the progress made in combating wastefulness and unlocking economic resources, aiming to enhance socio-economic growth and fulfill national goals amidst challenging circumstances such as pandemics and disasters.

According to a DHL report cited by The Business Times, Vietnam is projected to be among the 30 fastest-growing global economies in terms of trade growth by 2030. This forecast positions the country alongside Indonesia and the Philippines, reflecting the accelerated trade growth in Southeast Asia over the forthcoming years.

During a work visit to the United Kingdom from March 16-20, Standing Deputy Prime Minister Nguyen Hoa Binh engaged with the Vietnamese Intellectual Society to seek assistance for establishing financial centers in Vietnam. This visit underscores the significance of international collaboration in science, education, and technology.

Moreover, Vietnamese rice is increasingly favored among Japanese consumers for its similarity to local varieties. Takashi Takanashi from the Spice House Co. noted a rise in demand for Vietnamese rice in Japan, indicating growing international interest in Vietnamese agricultural products.

In the technology sector, Filum AI, a customer experience management platform, has successfully secured $1 million in funding from various regional investors. The backing from prominent firms demonstrates a strong promise for the platform’s growth potential.

The Department of Taxation observed a significant increase in tax revenues from e-commerce, with many foreign service providers, including Google and Facebook, registering for tax payments through electronic portals. This move signifies Vietnam’s commitment to enhancing tax compliance in the growing digital economy.

Vietnam exported 309,505 tonnes of coffee in the first two months of the year, resulting in revenues of approximately $1.72 billion, despite a drop in export volume. Higher global coffee prices contributed to the increased export value.

Additionally, the People’s Committee of Hanoi has finalized its renovation plans for Dong Kinh – Nghia Thuc Square, a historically significant area. The project aims to harmonize the square with surrounding architecture, emphasizing its importance as a central landmark.

Vietnamese representatives participated in the 4th International Colloquium Patria in Havana, Cuba, where various officials discussed bilateral relationships and cooperation strategies. This event included attendees from multiple countries, reflecting the global diplomatic engagement between Vietnam and Cuba.

In summary, the events reported on March 18 highlight significant initiatives and developments in Vietnam across various sectors, including technology, agriculture, international relations, and economic policies. The emphasis on citizen-centered governance, cooperation in financial development, and the increase in trade and export performance underline Vietnam’s strategic approach to growth amid global challenges. These efforts are indicative of the nation’s commitment to sustainable socio-economic progress and international collaboration.

Original Source: en.vietnamplus.vn

Sofia Martinez

Sofia Martinez has made a name for herself in journalism over the last 9 years, focusing on environmental and social justice reporting. Educated at the University of Los Angeles, she combines her passion for the planet with her commitment to accurate reporting. Sofia has traveled extensively to cover major environmental stories and has worked for various prestigious publications, where she has become known for her thorough research and captivating storytelling. Her work emphasizes the importance of community action and policy change in addressing pressing global issues.

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