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./.
All comments [ 20 ]
Human issues, especially human security are always a hot topic of all countries and the world, including Vietnam.
In the 13th Congress of the Party, this issue was discussed enthusiastically by delegates and highly agreed to implement synchronously and drastically the solutions.
Viet Nam’s long-term power sector reform must gradually shift it towards market-based pricing with a view to improving economic efficiency.
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.
Reality has proven that wars, conflicts and contradictions arise in social life have a profound impact on human security.
Vietnam has made great achievements in implementing social equity.
the level of social equity in the country is still not yet as expected, while the rich-poor gap keeps widening.
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.
Social equity on the vertical dimension is accelerated by the scientific-technological revolution creating a more reasonable rich-poor gap.
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.
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.
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.
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.
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.
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
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.
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.
Implement poverty reduction with effective support policies; reduce social inequality.
Reform of multi-tier social insurance, basing on the principle of contribution - benefit, share - sustainability.
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.
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