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Prime Minister Pham Minh Chinh: Economic diplomacy serves the growth target of 8.3 - 8.5% by 2025

On the evening of July 22, Prime Minister Pham Minh Chinh chaired a conference with heads of Vietnamese representative agencies abroad on promoting economic diplomacy to contribute to achieving the economic growth target for the last 6 months of 2025, creating momentum for double-digit growth in the next period.

Hà Nội MớiHà Nội Mới22/07/2025

The conference took place on the afternoon of July 22, chaired by Prime Minister Pham Minh Chinh - Photo: VGP/Nhat Bac

The conference was held in person and online at the Government Headquarters with 94 Vietnamese representative agencies abroad and 34 provincial and municipal People's Committees. Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son co-chaired the conference.

The conference assessed that, in the context of the world and regional situation continuing to have many complex and unpredictable developments; domestically, opportunities, advantages and difficulties and challenges are intertwined; under the leadership of the Party Central Committee, the Politburo , the Secretariat, headed by General Secretary To Lam, the Government and the Prime Minister have resolutely directed ministries, agencies and localities to closely monitor developments, respond promptly; proactively and actively deploy many groups of measures to promote diplomatic, political , security - defense, economic, trade and investment relations with partners, especially major countries.

In particular, resolutely and effectively implement the policy of diversifying markets and partners, creating breakthroughs in a number of new and potential markets such as Latin America, Middle East - Africa, Central Asia, Central Eastern Europe; proactively and actively implement Resolution 57-NQ/TW and Resolution 71-NQ/CP; promote science and technology diplomacy, international cooperation in science, technology, innovation, digital transformation; review commitments and agreements during high-level visits with clear progress; actively support localities and enterprises to expand international economic relations in the spirit of taking people, localities, and enterprises as the center of service...

In nearly 50 foreign affairs activities of key leaders in the first 6 months of 2025, our country has upgraded relations with 10 countries, signed 253 cooperation agreements, double that of 2024, in which economics, trade, investment, science and technology are the focus. In the first 6 months of 2025, Vietnamese representative agencies abroad have carried out nearly 300 economic diplomacy activities, trade promotion, investment, tourism; supported localities in organizing more than 150 trade and investment promotion activities of localities at home and abroad; supported provinces and cities in signing 30 agreements with international partners.

Foreign affairs activities have contributed to the continued positive trend in our country's socio-economic situation. GDP growth in the first 6 months of 2025 reached 7.52%, the highest in the past 15 years, the highest in ASEAN and among the leading countries in the world. The macro economy is stable, inflation is controlled, growth is promoted, major balances are ensured. Exports increased, trade surplus was over 7.6 billion USD. Registered FDI investment reached over 21.5 billion USD, an increase of more than 32.6%, the highest in the past 15 years, realized FDI reached 11.7 billion USD, an increase of 8.1%. International tourism is a bright spot, with the number of international visitors to Vietnam increasing by 20.7%...

Overseas representative agencies attend the Conference online - Photo: VGP/Nhat Bac

Ambassadors and Heads of Vietnamese Representative Agencies Abroad said they will continue to make efforts to implement practical and effective foreign affairs programs and activities, focusing on economic, trade, investment, science, technology and innovation cooperation; contributing to the country's flexible and effective response to fluctuations, creating momentum and driving force to achieve growth targets and economic restructuring.

Leaders of Vietnamese ministries, sectors, localities, enterprises and business associations requested that Vietnamese representative agencies abroad continue to be effective bridges, providing market information and cooperation opportunities between Vietnam and other countries in various fields; at the same time, continue to promote the image of the country, people, and Vietnam's investment cooperation potential with other countries...

Concluding the Conference, Prime Minister Pham Minh Chinh sent the best regards and congratulations from General Secretary To Lam and key leaders to the delegates and heads of Vietnamese representative agencies abroad.

Providing information on the socio-economic situation in the first 6 months of 2025, Prime Minister Pham Minh Chinh affirmed that foreign affairs is a bright spot in the country's work results in the first 6 months of 2025, including the contributions of Vietnamese representative agencies abroad; requesting the Ministry of Foreign Affairs to promptly advise on rewarding agencies and individuals with outstanding achievements, and at the same time have appropriate forms for weak agencies and individuals.

The Prime Minister requested Vietnamese representative agencies abroad to grasp the local situation; analyze, evaluate and advise promptly so that Party and State leaders are not surprised in foreign affairs; create a peaceful, cooperative and developing environment; ensure the growth target of 8.3 - 8.5% in 2025; implement an independent, self-reliant, diversified and multilateral foreign policy; be a good friend, a reliable partner and a responsible member of the international community, for the goal of peace, cooperation and development; build an independent and self-reliant economy associated with proactive and active international integration, deeply, practically and effectively; restructure the economy, restructure and diversify markets, products and supply chains.

Emphasizing that economic diplomacy is the focus of foreign affairs and diplomacy in the new period as General Secretary To Lam has directed, the Prime Minister requested connecting economies, connecting Vietnamese enterprises with other countries; promoting the signing of free trade agreements agreed upon by senior leaders; attracting talents, training high-quality human resources, effectively exploiting the network of Vietnamese experts abroad, especially in the fields of science, technology, and innovation to serve the process of national development and modernization.

Prime Minister Pham Minh Chinh directed to continue to deepen relations with neighboring countries, major countries, and important partners, making them stable, substantive, sustainable, and long-term on the basis of trust, sincerity, and harmonization of interests, creating new breakthroughs, and effectively resolving major issues arising in the relationship; promoting and organizing well high-level foreign affairs activities from now until the end of the year; diversifying and flexibly using forms of exchange and contact at all levels and channels; creating a favorable environment for enhanced cooperation.

Vietnamese ministries, branches and agencies in other countries continue to prioritize promoting growth, focusing on renewing traditional growth drivers, while strongly promoting new growth drivers; promoting overseas investment and attracting investment in Vietnam, especially promoting cooperation in developing science, technology, innovation, digital transformation, with high technology, semiconductors, artificial intelligence, cloud computing, internet of things...

Along with that, expand export markets, effectively exploit signed free trade agreements (FTAs), promote the signing of new FTAs with potential markets such as the Middle East, Africa, Latin America, Central Asia, India, Brazil...; actively support businesses in key processing and manufacturing industries such as technology, electronics, automobiles, machinery, textiles, footwear... to expand exports, invest, and do business effectively abroad, and participate in the global supply chain.

Pointing out that it is necessary to speed up the implementation of Resolution 222/2025/QH15 on the International Financial Center in Vietnam, the Prime Minister said that some countries such as the UAE and Kazakhstan are ready to share and cooperate in building an International Financial Center in Vietnam.

The Head of Government requested to proactively and actively implement the Politburo's Resolutions on breakthroughs in science and technology development, innovation and digital transformation; continue to proactively and flexibly adapt to the new situation in international trade and investment; actively and resolutely support localities and enterprises, remove obstacles in investment projects, and business cooperation with foreign partners in Vietnam as well as foreign markets.

Directing to continue promoting the implementation of Resolution 59 and the Politburo's Conclusions on the world and regional situation, the Prime Minister requested the Ministry of Foreign Affairs to urgently preside over the development of a National Assembly Resolution on a specific mechanism to implement Resolution 59.

Agreeing to consider establishing and building research centers for various sectors and fields, the Prime Minister requested continued efforts to remove the IUU yellow card, negotiate tariff policies with other countries; promote and conclude FTA negotiations with the Southern Common Market (MERCOSUR); speed up the implementation of railway projects connecting Vietnam - China...

Considering that the task of achieving the growth target of 8.3 - 8.5% in 2025 is very heavy and difficult, but not an impossible task, Prime Minister Pham Minh Chinh requested ministries, branches, localities, enterprises, associations and Vietnamese representative agencies abroad to coordinate closely, strive together, make efforts to overcome difficulties and challenges, effectively carry out economic diplomacy, contribute to achieving this year's growth target, create momentum, create position, create strength for our country to firmly enter the new era.

Source: https://hanoimoi.vn/thu-tuong-pham-minh-chinh-ngoai-giao-kinh-te-phuc-vu-muc-tieu-tang-truong-8-3-8-5-nam-2025-710066.html


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