Hanoi: General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam on May 20 called for a comprehensive review, classification, and decisive mobilisation of idle and underutilised resources so that Vietnam can achieve double-digit economic growth and build a new growth model. Chairing a working session in Hanoi with the Party Central Committee's Commission for Policies and Strategies and relevant agencies on assessing national development resources in connection with growth targets and the establishment of a new growth model, the top leader said Vietnam is entering a new development stage with important foundations already in place.
According to Vietnam News Agency, the meeting emphasized the necessity of identifying and utilising resources that have not been fully tapped into. The initiative is part of a broader strategy to enhance economic performance and ensure sustainable growth for the country. The government aims to leverage these resources to spearhead economic reforms and establish a robust growth trajectory.
The session also discussed the current economic conditions and highlighted the importance of adapting to global economic trends. With the new policies expected to be put in place, Vietnam hopes to better integrate with the international market while simultaneously boosting domestic industries. The leadership underscored the significance of the move as pivotal for the nation's economic future, aiming for a more resilient and diversified economic structure.