Việt Nam’s development strategies need multi-dimensional review

The seminar on Multi-dimensional Country Review (MDCR)-Proposing Việt Nam’s Development Strategies during 2021-2030. — VNA/VNS Photo Lâm Khánh

HÀ NỘI — A leading development expert says Việt Nam needs a multi-dimensional review taking opinions from many sectors to ensure a smooth social economic strategy for the future.

That’s the view of Mario Pezzni, director of Organisation for Economic Co-operation and Development (OECD)’s Development Centre, who was speaking at a seminar in Hà Nội yesterday.

Pezzni was addressing the Multi-dimensional Country Review (MDCR), hosted by Ministry of Foreign Affairs, Ministry of Planning and Investment and OECD Development Centre.

The event was held to collect experts’ recommendations on the Government’s socio-economic strategy from 2021 to 2030.

Assistant to the Vietnamese Minister of Foreign Affairs Nguyễn Văn Thảo said Việt Nam values close collaboration between OECD and Vietnamese ministries and sectors to implement MDCR.

Việt Nam’s economy is heading towards a new development phase with opportunities and challenges mingled together, he said, adding the country needs to work on a development plan with practical and specific conditions, he said.

“Analysing international development models and experience is a useful reference for Việt Nam to devise growth strategies and policies,” Thảo said.

The socio-economic sub-committee preparing for the 13th Party Congress is working on the strategy. Under this plan, MDCR has three phases: draft assessment; in-depth assessment, policy recommendation; and action plan recommendation.

Participants to the seminar discussed obstacles for Việt Nam’s sustainable development and gave recommendations Việt Nam should prioritise.

Most of the obstacles are difficulties in mechanisms, human resources, infrastructure and science-technology.

These will be references for the socio-economic subcommittee to complete the strategy.

OECD experts will study the issues that have multi-dimensional impacts on Việt Nam’s growth in order to conduct more comprehensive and in-depth assessment in the second phase of MDCR implementation.

“We expect with multi-dimensional scientific approaches that cover various sectors and from international development models, the MDCR will provide feasible policy recommendations for Việt Nam’s sustainable and inclusive development in the coming five to 10 years,” Thảo said.

OECD Development Centre director Mario Pezzni said the core value that OECD looks towards is to improve welfare for people. To reach that target, OECD will continue to support Việt Nam in mapping out socio-economic development plans.

This process requires multi-dimensional assessment and learning from each other. OECD wants to learn challenges that Việt Nam has faced because these difficulties might be a source of inspiration for developing, even developed countries, he said. — VNS

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