Seminar on Emerging Economic Issues and Their Impact on Vie Nam
On October 29, 2024, the Diplomatic Academy of Viet Nam (DAV) held a seminar on "Emerging Economic Issues and Their Impact on Viet Nam" at the Geneve Room. Dr. Nguyen Hung Son, Vice President of DAV, chaired the seminar, which drew a diverse audience of researchers, DAV lecturers, and representatives from various departments within the Ministry of Foreign Affairs. The seminar provided a platform for in-depth discussions on the latest economic trends and their potential implications for Vietnam's economic development.
In his opening remarks, Dr. Nguyen Hung Son emphasized that the new global context requires new approaches and the need to research emerging economic trends to serve policy advisory work. The organizer hoped that delegates would actively participate in substantive discussions and contribute positively to the seminar.
The speakers discussed four main topics related to global economic trends and their impact on Viet Nam. First, Nguyen Anh Duong, Director of the Department for General Economic Issues and Integration Studies at the Central Institute for Economic Management, analyzed the evolving landscape of global trade protectionism and its ripple effects on Vietnam's economic framework. While acknowledging persistent global economic headwinds, Duong highlighted encouraging signs of recovery in the broader international landscape. He emphasized that protectionist measures and market fragmentation continue to intensify worldwide, manifesting in increasingly sophisticated forms. Against this complex backdrop, Viet Nam has demonstrated remarkable resilience and adaptability, particularly evident in its robust import-export performance.
The second presentation by Associate Professor Dr. Nguyen Van Lich from the Faculty of International Economics, DAV, delved into the global green transition trend. The presentation analyzed opportunities and challenges for developing countries, especially Viet Nam, in this transition process. Green transition work in Viet Nam has shown positive changes both in awareness at all levels and in the process of developing specific policies and regulations.
The third presentation by Mr. Tran Thanh Hai - Deputy Director-General of the Institute for Foreign Policy and Strategic Studies, DAV, clarified several issues regarding China's economic security, based on analysis of results from the China Third Plenum. The speaker analyzed China's perspective and viewpoint on economic security and reform, delving into core contents about economic growth and security, along with some existing issues and solutions that China is proposing.
Finally, Dr. Pham Sy Thanh - Director of the China Economic Strategic Studies Center (CESS), analyzed the "new technology walls" and their impact on the world economy. Dr. Thanh provided an overview of the current global semiconductor landscape, perspectives on strategic technological autonomy, and the global semiconductor race. This is a hot topic in global political-economic forums and particularly attracted the attention of scholars at the seminar.
The discussion session, lasting more than an hour, was lively and attracted many insightful contributions from participating delegates. Experts exchanged views on emerging economic-political issues in the current global context and solutions and policy directions to help Viet Nam effectively respond to these challenges. In general, delegates agreed that in the new context, Viet Nam is taking careful steps to minimize risks and increase benefits from new international rules. Green transition, along with science and technology, are two crucial priorities for Viet Nam in both medium and long term. Viet Nam currently has potential but needs to accurately assess its strengths and weaknesses to take advantage of opportunities and develop appropriate development strategies.
In his closing remarks, Dr. Nguyen Hung Son summarized the main contents and affirmed the importance of researching and forecasting new economic trends to make appropriate policy adjustments, ensuring Vietnam's sustainable development in the coming time.
The seminar concluded successfully, leaving many practical implications for policy orientation and economic development strategy of Viet Nam in face of new challenges in the global economy./.