Hanoi, Vietnam – The Vietnamese government has been urged to address a series of bottlenecks hindering the country’s growth and development, with General Secretary and President Vo Van Thuong emphasizing that implementation capacity needs to be strengthened to meet ambitious targets. Vo Van Thuong’s call to action comes on the heels of first-half economic growth of 8.2%, falling short of the 9.7% target set by the government.
Twenty-five out of thirty-four provinces failed to meet their respective goals, underscoring the need for more effective execution of existing policies and programs. Speaking at an urgent meeting with local leaders and government officials, Mr. Thuong identified the implementation bottleneck as the greatest obstacle to development, outstripping institutional frameworks. He noted that the inability to execute policies in the field has resulted in subpar performance across various sectors.
In an effort to revitalize economic growth and prepare for its next development phase, Mr. Thuong stressed the importance of bolstering accountability among ministers and local leaders. Greater scrutiny is expected to ensure that officials take responsibility for meeting performance targets. Additionally, the President emphasized the need for enhanced anti-corruption efforts to eliminate bureaucratic roadblocks and ensure transparency in government operations.
Furthermore, reforms are required in the education sector to address emerging skills shortages in Vietnam. The country faces a pressing need for more engineers, scientists, and technology specialists, which can only be met by increasing access to secondary schooling and providing targeted training programs for these in-demand professionals. According to official statistics, the first half of the year has seen 8,000 new businesses established, while state-owned enterprises have posted robust revenues, reflecting the country’s growing industrial base.
To overcome current bottlenecks and propel development, Mr. Thuong called for greater collaboration between government agencies, the private sector, and foreign investors. By working together, Vietnam can unlock new opportunities for growth and establish itself as a major economic player in Southeast Asia.
