Singaporean media praises CPV’s leadership for Viet Nam’s stable development

Update: 09:53 | 01/02/2021
Under the leadership of the Communist Party of Viet Nam (CPV), Viet Nam has maintained its political stability and economic growth as well as extensive integration into the regional and global economy, according to the S. Rajaratnam School of International Studies (RSIS) of Singapore.
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Singaporean media praises CPV’s leadership for Viet Nam’s stable development
Garment workers are seen at a factory in Hai Phong, Viet Nam. (Photo: International Labour Organization)

In an article published on its website, RSIS spotlighted the significance of the 13th Congress of the CPV for strategic development goals of the country, especially the vision to transform Viet Nam into a socialist-oriented developed country by the middle of the 21st century.

According to the article, Viet Nam is already one of the few countries that have a sustained economic expansion despite the COVID-19 pandemic. The CPV’s role is in laying down the national direction, taking into account strategic changes in the country, the surrounding region and globally.

Viet Nam has managed to raise its profile and played a constructive role in the international arena as it pursues its external policy of peace and to be friends with all countries, the article said.

Regarding Viet Nam's foreign policy, that since joining ASEAN in 1995, Viet Nam has been one of the most economically dynamic countries in Southeast Asia.

Last year, under a Vietnam-led ASEAN, the Regional Comprehensive Economic Partnership (RCEP)) was signed, creating the world’s largest free trade agreement, it noted.

Viet Nam also concluded other FTAs such as the EU-Viet Nam FTA (EVFTA) and the UK-Viet Nam FTA (UKVFTA), thereby creating new impetus for the nation’s economic growth trajectory.

Also in 2020, Viet Nam became a non-permanent member of the UN Security Council for the 2020-2021 term, it said.

Viet Nam's chairmanship of ASEAN last year and its non-permanent membership of the UNSC have helped it raise further its position and influence in the regional and international arena, the article stressed.

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(Source: VNA)