(PRESS RELEASE) Viet Nam Economic Pulse: Steering towards Sustainable Growth amid Global Shifts

Ha Noi 1 November 2024 – Today, leaders and experts from across government, business, and academia convened at the fourth Viet Nam Economic Pulse (VEP) forum to discuss Viet Nam’s evolving policy landscape amid global economic uncertainties, rapid technological change, and the intensifying impacts of climate change.

Jointly organized by the Central Institute for Economic Management under the authority of Ministry of Planning and Investment (CIEM-MPI) and the United Nations Development Programme (UNDP), the VEP has become a collaborative annual forum for exploring policy directions resonating with emerging trends in technology and environmental sustainability.

The forum, themed “Navigating the Future: Adapting Viet Nam’s Policies and Business Strategies to Global Economic, Technological and Environmental Shifts,’’ featured insights from economists and business leaders on how Viet Nam can enhance technological capabilities, attract investment, and advance a green economic transformation.
Key topics addressed at the forum included:
• Leveraging Environmental Standards for Competitive Exports: Examining Viet Nam’s position under the EU’s Carbon Border Adjustment Mechanism (CBAM) and its role in the evolving Viet Nam-EU trade relationship.
• Readiness for a Green Transition: Evaluating Vietnamese businesses’ preparedness to adopt sustainable practices and leverage environmental standards in global trade.
• Enhancing Efficiency, Productivity and Technological Advancements: Assessing the state of efficiency and productivity in key industries and exploring ways to drive technological progress to bolster Viet Nam’s long-term economic performance.
The VEP forum underscores the long-term vision to foster an inclusive, sustainable, and resilient economic framework that positions Viet Nam as a leader in green technology and innovation. With forward-looking strategies, Viet Nam can adapt to and thrive within the rapidly shifting global landscape.

In her opening remarks, UNDP Resident Representative Ramla Khalidi emphasized the importance of forward- looking policies. “Our theme of the Pulse for this year reflects our commitment to proactive, forward-looking strategies that enhance resilience and capitalize on emerging opportunities,” she said. “As we navigate these challenging times marked by heightened geopolitical uncertainties and the pressing impacts of climate change, Viet Nam continues to demonstrate resilience. With economic strength, technological advancements, and climate adaptation as focus areas for Viet Nam’s leadership, today’s discussions shed light on the strategic choices Viet Nam faces in building a sustainable and competitive future.”

Echoing the UNDP Resident Representative, Ms. Trần Thị Hồng Minh, President of the Central Institute for Economic Management, said: “Today’s forum underscores our commitment to fostering a resilient, sustainable, and inclusive economic pathway for Viet Nam. As we navigate an increasingly complex global landscape marked by geopolitical shifts and environmental challenges, this platform allows us to chart a forward-looking course, positioning Viet Nam as a leader in green technology, innovation, and sustainable growth.”
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About Viet Nam Economic Pulse Forum:
Launched in 2021 by the Ministry of Planning and Investment and UNDP, the Viet Nam Economic Pulse Forum is an annual event designed to bring together policymakers, scholars and business people to discuss the leading economic issues of the day, and to share perspectives on emerging trends in business and economics, especially those relevant to the achievements of the Sustainable Development Goals.

Participants benefit from exposure to cutting-edge analysis and the opportunity to exchange ideas with professionals who bring a diversity of experiences and points of view to the table.

Each VEP forum focuses on a special topic of increasing importance to economic development and sustainability in Viet Nam. Papers are presented by national and international experts on this topic, followed by a panel discussion joined by policy makers, international experts and investors.

Website of the forum: https://vep.undp.org.vn/

For more information, please contact:

UNDP: Ms. Nguyen Vu Linh, mobile: 0363268020, email: nguyen.vu.linh@undp.org
CIEM: Ms. Ha Thi Quynh Huong; Mobile: 0908786689; huonghtq.vids@mpi.gov.vn