PM: Vietnam aims to become a new economic tiger in Asia
(VOVWORLD) - Vietnam needs to consistently pursue the productivity-based growth model and innovation to become a new economic tiger in Asia, said Prime Minister Nguyen Xuan Phuc at a dialogue with delegates attending the Vietnam Economic Forum 2018 in Hanoi on Thursday.
 Prime Minister Nguyen Xuan Phuc addresses a dialogues with delegates attending VEF 2018 |
The Prime Minister pointed out challenges facing Vietnam’s economy saying that the country needs to take specific actions, seize opportunities, and exploit economic potential to achieve this goal.
In response to delegates’ questions on the government’s measures to increase the Vietnamese economy’s resistance against external shocks, Prime Minister Nguyen Xuan Phuc said: "We need to improve productivity, particularly the Total Factor Productivity or TFP, apply science and technology, and take advantage of the 4th industrial revolution. We need to strengthen economic restructuring at all levels, sectors, and enterprises to improve national, local, and product competitiveness.”