Vietnam's overseas representative agencies to step up economic diplomacy
The Ministry of Foreign Affairs held a hybrid conference with overseas representative agencies of Vietnam on November 28 with a view to promoting economic diplomacy.
Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu (standing) speaks at the hybrid conference with overseas representative agencies of Vietnam on November 28. (Photo: baoquocte.vn)
Hanoi (VNA) – The Ministryof Foreign Affairs held a hybrid conference with overseas representative agencies of Vietnam on November 28 with a view to promoting economic diplomacy.
The conference, the first of its kind and to be held monthly,was chaired by Minister Bui Thanh Son and saw the presence of more than 90ambassadors and heads of overseas representative agencies.
Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu, head of the steering committee for economic diplomacy, saideconomic diplomacy has had its focus opportunely shifted from vaccine diplomacyserving the fight against the COVID-19 pandemic to socio-economic recovery and development,which has effectively contributed to national achievements in the first 10months of 2022.
However, as the global economicsituation is predicted to continue facing difficulties, causing pressure ondeveloping and highly open economies like Vietnam, the Government has highexpectations for more contributions by economic diplomacy to macro-economicstability and sustainable growth, he noted.
Son said economic diplomacyhas become a focal and consistent task of overseas representative agencies ofVietnam.
He requested that amid the complexand unpredictable global and regional economic situation, the representativeagencies should press on with studying; giving advice; making forecasts;keeping a close watch on global and regional economic developments; conductingin-depth assessment of new economic connectivity initiatives and supply chainshifting trends; seeking opportunities for attracting investment to Vietnam,especially in high technology, green energy, digital transformation, andhigh-tech agriculture; continuing to help Vietnamese enterprises and localitiesto enhance relations with foreign partners and businesses; and finding new regions,sectors, and mechanisms to further expand export markets.
The minister asked ambassadors and heads ofrepresentative agencies to uphold their sense of responsibility towards the Partyand people in economic diplomacy, helping the country sustain growth momentumand realise socio-economic development targets set at the 13th National Party Congress.
At the conference, participantsdiscussed the prospects and major issues of the global economy, sharedinformation about the situation in their host countries and territories, exchangedother countries’ experience in dealing with macro-economic challenges, proposedmeasures for attracting investment more strongly and capitalising on the supplychain shifting trend, and suggested ways for expanding and diversifying exportmarkets./.
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Standing Deputy Minister of Foreign Affairs Nguyen Minh Vu (standing) speaks at the hybrid conference with overseas representative agencies of Vietnam on November 28. (Photo: baoquocte.vn) 
