Improving efficiency of resources management urgent: resolution
Improving the efficiency of the management and use of economic resources is an urgent task to deal with weaknesses of the national economy and spur development, according to a resolution recently issued by the Politburo.
Hanoi (VNA) – Improving the efficiency of the management and use of economicresources is an urgent task to deal with weaknesses of the national economy andspur development, according to a resolution recently issued by the Politburo.
Resolution No. 39-NQ/TW dated January 15 aims to keep the rate of labourers inthe agro-forestry-fishery sector below 33 percent of the country’s totalworkforce by 2025, under 25 percent by 2035 and less than 15 percent by 2045.
Regarding material resources, it targets the synchronous completion of laws,mechanisms, policies and tools promoting the economical and effective use and managementof natural resources by 2025.
About 99 percent of natural land will be put into use and 25 percent of thedegraded natural ecosystem is hoped to be restored by 2035, it says.
In financial resources, the document sets the target of reducing State budgetoverspending to below 4 percent of national gross domestic product (GDP) by2020 and about 3 percent by 2030.
By 2030, public debt is expected not to exceed 60 percent of the GDP while Governmentdebt should be no more than 50 percent and foreign debt not above 45 percent.
The rearrangement and settlement of land and houses under the State managementacross the country is projected to be basically completed by 2020 and fullydone by 2025.
Facilities causing pollution will be relocated by 2025 and national reserves areset to account for 0.8-1.0 percent of the GDP by 2025, 1.5 percent by 2035 and2 percent by 2045.
The resolution sets six major tasks and solutions, covering the amendment,supplement and completion of laws, mechanisms and policies; growth modelreform; the restructuring of the national economy, sectors, regions and majorproducts; and the improvement of national governance and self-reliance andinnovation of businesses.
Maximizing achievements of the fourth Industrial Revolution, and stepping up ITuse are also included in the plan.-VNA
Vietnamese Ambassador to Laos Nguyen Ba Hung called on ASEM to take more specific and drastic actions to implement the 2030 Agenda for Sustainable Development, the 21st Conference of the Parties to the UN Framework Convention on Climate Change (COP 21) and the Sendai Framework for Disaster Risk Reduction.
Deputy Prime Minister Trinh Dinh Dung asked the Ministry of Natural Resources and Environment to make breakthrough in management and use of land resources in 2018 at the ministry’s conference in Hanoi on January 8.
Deputy Minister of Natural Resources and Environment Tran Quy Kien has stressed the need to continue reviewing, evaluating and improving policies, regulations, strategies and planning schemes involving the management of natural resources and protection of marine environment.
Six countries of the Mekong-Ganga Cooperation (MGC), namely Cambodia, Laos, Myanmar, Thailand, Vietnam and India, have agreed to enhance cooperation in managing and sustainably using water resources.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
Illustrative image (Source: internet) 
