In his opening speech, Deputy Minister of Foreign Affairs Nguyen Minh Vu underscored the importance of developing economic diplomacy to national development as diplomacy is by nature to serve the country, people, and domestic businesses. He cited the Resolution of the 13th National Party Congress, saying that economic diplomacy aims to support national development and takes the people, localities and businesses as its core service.
He emphasized that diplomatic agencies throughout the country and 94 Vietnamese representative missions abroad should give top priority to the Vietnamese business community.
The official held that the world is changing, the country is developing and businesses are adapting to the new situation. The world is witnessing very fundamental and profound changes with special multi-dimensional impacts of the COVID-19 pandemic, leading to social distancing or supply chain disruption.
In addition, shifts and trends, particularly digital transformation, green growth, technology advances and innovation, that have already appeared before the pandemic are being accelerated.
The official noted that Vietnam is now transitioning to a new normal, restoring production and business, and adapting to the pandemic. Recently, ministries and sectors have agreed on a plan to resume international commercial flights.
The Deputy Foreign Minister also showed empathy for the difficulties faced by the business community, which has been severely impacted by the pandemic. Every month, about 10,000 new businesses are established, but 10,000 others quit the market, as well.
Delegates at the event discussed major trends in the world affecting domestic production and business activities. While diplomats gave suggestions and advice to businesses on how to more effectively enter the global market, enhance their brand values, business representatives proposed the diplomat sector to take specific measures to support the domestic business community.
