Vietnamese State role in ensuring social equity

19/7/21

 


The article “A number of theoretical and practical issues on socialism and the path towards socialism in Vietnam” by Party General Secretary Nguyen Phu Trong upholds the role of the State in ensuring social equity, Faisal Ahmed, Associate Professor of International Business at FORE School of Management in New Delhi, has told the Vietnam News Agency.

According to the professor, in the pandemic-hit world, the countries which have embraced a socialistic structure have responded well to the emergent social needs.

“Today, we need a people-centric policy, which is characterised by social equality, rule of law, strong institutions, and a cohesive social ecosystem. A growing GDP or FDI must translate into improved social well-being and better living standards”.

He said that Party General Secretary Trong’s article outlines a people-centric future roadmap for Vietnam, which is worth replicating for the international community, especially the developing countries.

The Indian expert focused attention on the part of the article on the basic premise of a socialist-oriented market economy. According to him, it is rightly pointed out that it encompasses multiple forms of ownership and multiple economic sectors.

“I think this is a very pertinent economic roadmap that is going to establish Vietnam’s global competitiveness in trade and investments,” said Faisal Ahmed.

Assessing Vietnam’ achievements during the development process of a socialist-oriented market economy, he stated that Vietnam has made sound progress after the implementation of the Doi Moi (Renewal) process.

“Doi Moi enhanced Vietnam’s international trading position, and helped it improve its role in global economic governance. The domestic productive capacity has enhanced over the years, and it has helped Vietnam gain from exports too,” he said. “The FDI inflows have happened and contributed to improving the living standard of the people. Today, it is only because of its socialist-oriented market economy that Vietnam is a fast developing country in Southeast Asia and has an increasing participation in the Global Value Chains”.

To achieve a socialist society, the Indian professor suggested Vietnam step up economic diversification and industrialisation, boost its competitive collaboration with larger economies in Asia, focus on convergences on the global and regional strategic front, and enhance impetus on science and technology studies./.


Chia sẻ bài viết ^^
Other post

All comments [ 20 ]


The free Wind 31/7/21 21:04

Human issues, especially human security are always a hot topic of all countries and the world, including Vietnam.

Allforcountry 31/7/21 21:05

In the 13th Congress of the Party, this issue was discussed enthusiastically by delegates and highly agreed to implement synchronously and drastically the solutions.

Wilson Pit 31/7/21 21:07

Viet Nam’s long-term power sector reform must gradually shift it towards market-based pricing with a view to improving economic efficiency.

Jacky Thomas 31/7/21 21:13

Explains how social policy and institutions can play a role in achieving Vietnam’s aspirations over the next 20 years as it faces the more complex demands of a transition to a modern industrialized country, including rapid demographic change, a labor market exposed to increased global competition, new health challenges from noncommunicable diseases, and shifting societal expectations.

Robinson Jones 31/7/21 21:21

Reality has proven that wars, conflicts and contradictions arise in social life have a profound impact on human security.

Herewecome 31/7/21 21:28

Vietnam has made great achievements in implementing social equity.

Kevin Evans 31/7/21 21:29

the level of social equity in the country is still not yet as expected, while the rich-poor gap keeps widening.

Swift Hoodie 31/7/21 21:30

In the next ten years, when the achievements of the scientific-technical revolution as well as the scientific-technological revolution, Industrial Revolution 3.0 and Industrial Revolution 4.0 are brought to Vietnam more and more, their impacts on Vietnam will be stronger.

Egan 31/7/21 21:31

Social equity on the vertical dimension is accelerated by the scientific-technological revolution creating a more reasonable rich-poor gap.

Enda Thompson 31/7/21 21:31

It is necessary to promote the maximised and effective use of the achievements of the scientific-technological revolution to narrow the gap between the rich and the poor.

Duncan 31/7/21 21:32

To properly take advantage of the scientific-technological revolution for humanitarian goals and social progress has become an urgent task and requirement of the modern society.

Alian 31/7/21 21:33

To build and perfect a socialist rule of law state of the people, by the people, for the people, which is streamlined, neat, effective and efficient.

John Smith 31/7/21 21:34

it is necessary to better define the roles, positions, functions, duties and powers of state agencies in the exercise of legislative, executive and judicial powers on the basis of the rule of law to ensure unified state power with close coordination and strengthened control of power, etc.

Red Star 31/7/21 21:34

In order to have clean, strong, solid, and reliable public apparatuses of the people, it is necessary to actively streamline the state apparatuses in a neat, lean, and strong manner, meeting requirements and tasks in the new situation.

For A Peace World 31/7/21 21:35

To ensure sustainable human security, it is necessary to build and develop a stable, quality, productive and efficient economy; combine economic growth with cultural development, realise social progress and equity

Vietnam Love 31/7/21 21:37

Although our Party always affirms that economic development is the focal goal, but in some specific situations our Party and State are also “ready to sacrifice a number of economic benefits to protect health and safety for the people”, as shown in the leadership and direction for the prevention and control of pandemics, environmental disasters in the past time, etc.

LawrenceSamuels 31/7/21 21:38

Continue to improve and implement the national policy of equality, solidarity and mutual development. Pay attention to developing ethnic, remote and isolated areas; organise the effective implementation of national programs and goals for socio-economic development in ethnic minority and mountainous areas in the period between 2021 and 2030.

yobro yobro 31/7/21 21:39

Implement poverty reduction with effective support policies; reduce social inequality.

Voice of people 31/7/21 21:40

Reform of multi-tier social insurance, basing on the principle of contribution - benefit, share - sustainability.

Me Too! 31/7/21 21:40

People, first of all, the working people must be placed at the centre of the socio-economic development process, all programs, projects, socio-economic development plans must be based on the people, aimed for the sake of people; economic benefits are not to be achieved at all costs, regardless of law and social morality.

Your comments