Socialist-oriented economy helps Vietnam go forward confidently: Russian expert
A socialist-oriented economy is the firm foundation for Vietnamese people to look to the future with confidence, Chairman of the Council of Experts of the Eurasian Research Fund Grigory Trofimchuk told Vietnam News Agency's correspondents in Russia.
Production at the Phuc Yen shoe company in Vinh Phuc province (Photo: VNA)
Moscow (VNA) – A socialist-oriented economy is the firm foundation for Vietnamese people to look to the futurewith confidence, Chairman of the Council of Experts of the Eurasian ResearchFund Grigory Trofimchuk told Vietnam News Agency's correspondents in Russia.
The expert said the socialist democracy model has certainadvantages and good development prospects, with social factors playing animportant role and the human factor never forgotten, particularly in Vietnam.
He noted Vietnam has extensive international relations andparticipates in most of the major international organisations.
According to him, Vietnam has come up with approaches thatcan help the world respond better to a number of challenges, such as theCOVID-19 pandemic. When participating in international organisations andeconomic forums, the Vietnamese Government has clearly introduced benefits of suchmemberships to the Vietnamese people, creating links between the sides andtheir consensus towards a common goal.
The expert praised the outcomes of the Communist Party ofVietnam’s 13th National Congress at a time when the country has an increasing role and importance regionally and internationally.
He said the congress has truly propelled the country forwardas it addressed key issues of the nation and set out new tasks for the nationaldevelopment toward 2045.
He also took the occasion to express his belief in Vietnam’sfuture successes./.
Vietnam has taken correct and timely action on the East Sea issue by sending a diplomatic note to the UN Secretary General to oppose China's claim over the East Sea and assert Vietnam’s sovereignty over the Hoang Sa (Paracel) and Truong Sa (Spratly) archipelagos, according to Russian international law researchers and experts.
Chairman of the Expert Council of the Eurasian Ideas Foundation (EIF) Grigory Trofimchuk has said that communications via posters and placards were key weapons in Vietnam’s successful fight against COVID-19 as well as its pathway to building socialism.
Vietnam has played a huge role in the ASEAN development over the last 25 years, Grigory Trofimchuk, Chairman of the Russia-based Expert Council of the Eurasian Foundation for Support of Scientific Research, has said.
As Vietnam is serving as ASEAN Chair in 2020, many Russian experts have their belief in the Southeast Asian nation’s activeness in promoting ASEAN-Russia cooperative relations.
Russian media have recently spotlighted Vietnam’s preparation for the 13th national congress of the Communist Party of Vietnam (CPV), as well as the country’s achievements in political, social and economic areas and external affairs.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.
The partnership aims to strengthen collaboration in the exploration and exploitation of mineral resources, including gold, copper, and manganese, as well as in the development of steel, aluminum, and renewable energy industries.
The Thai cabinet has approved a seven-year EV bus leasing scheme proposed by the Bangkok Mass Transit Authority (BMTA) for the capital, with an estimated cost of 15.35 billion THB (over 470 million USD).
Aircraft are prohibited from flying below 6,000 metres in the vicinity of the volcano, and should also remain alert to the presence of volcanic ash, which can disrupt flights.
Laos declared the transfer of the press management functions of five key media agencies and associated personnel to the Propaganda and Training Board of the Lao People's Revolutionary Party Central Committee.
Univers said in a statement that the new centre will serve as a hub for innovation, bringing together digital intelligence and climate ambition to accelerate Sarawak's transition toward a low-carbon, tech-enabled economy.
The target is to be completely free from plastic waste within two years. This can only be achieved if all parties implement the initiative with strong discipline.
Indonesia is taking new steps to improve protections for fishery workers, amid concerns over low wages, harsh working conditions, and limited access to social welfare.
The 2025 ASEAN- the Republic of Korea (RoK) Connectivity Forum that opened in Jakarta on June 17 reaffirmed a shared commitment to shaping a connected, resilient future by advancing the ASEAN Connectivity Strategic Plan.
The desk will serve as a service centre providing market intelligence, business licensing guidance, facilitating business cooperation, identifying potential investment projects, and harmonising regulatory policies between the two parties.
Malaysian Prime Minister Anwar Ibrahim noted that the Asia-Pacific region accounted for half of global energy consumption and 60% of greenhouse gas emissions in 2024. Despite this, regional countries, including eight of ten ASEAN member states, remain committed to climate goals, including net-zero emissions and tripling global renewable capacity by 2030.
The new halal cooperation arrangement will streamline halal certification and product assurance processes, making it easier for New Zealand exporters to access the Indonesian market.
Production at the Phuc Yen shoe company in Vinh Phuc province (Photo: VNA) 
