UNCTAD commends Vietnam’s contributions to global trade, development
On the occasion, she expressed her thanks for Vietnam’s commitment to hosting the 16th UNCTAD Ministerial Conference in this year, and described the country as a model of transformation through trade and an inspiration to the world.
Ambassador Dang Hoang Giang, Vietnam’s Permanent Representative to the UN speaks at the event (Photo: VNA)
New York (VNA) 🦋- A dialogue between the Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) and member states of the Group of 77 (G77) and China was held in New York on March 28 to discuss current challenges in international trade and development, during which the Secretary-General described Vietnam as a model of transformation through trade.
In her opening remarks, UNCTAD Secretary-General Rebeca Grynspan highlighted that global trade reached a record 33 trillion USD in 2024, with developing nations growing faster than the global average. However, she cautioned that emerging trends such as trade tensions, tariff barriers, and declining investment pose risks to the most vulnerable economies.
Grynspan emphasised that while multilateralism faces difficulties, it remains the only viable tool to overcome global challenges.
On the occasion, she expressed her thanks for Vietnam’s commitment to hosting the 16th UNCTAD Ministerial Conference in this year, and described the country as a model of transformation through trade and an inspiration to the world.
G77 member states welcomed Vietnam’s role as host and expressed confidence in the conference’s success.
Speaking at the event, Ambassador Dang Hoang Giang, Vietnam’s Permanent Representative to the UN, echoed UNCTAD’s concerns about escalating trade wars and retaliatory measures, which threaten global economic stability and sustainable development. He warned that disruptions caused by tariffs, protectionist policies, and trade conflicts could significantly hinder growth.
Ambassador Giang stressed that addressing these challenges requires a comprehensive and multilateral approach.
He identified three key factors for the future of global trade, including strengthening international cooperation, countering protectionism and advancing a fair and inclusive multilateral trading system.
He also thanked countries G77 members for supporting Vietnam’s role as host of the UNCTAD’s 16th Ministerial Conference and wished for the active participation to ensure its success./.
Vietnam has emerged as a remarkable example of how trade and investment can fuel inclusive growth and development, according to Rebeca Grynspan, Secretary-General of the United Nations Conference on Trade and Development (UNCTAD).
Prime Minister Pham Minh Chinh met with Swiss President Viola Amherd and Secretary-General of the United Nations Conference on Trade and Development (UNCTAD) Rebeca Grynspan in Davos, Switzerland, on January 17 (local time) on the sidelines of the 54th Annual Meeting of the World Economic Forum (WEF-54).
The State Audit Office of Vietnam (SAV) hopes the United Nations Conference on Trade and Development (UNCTAD) will promote assistance and shared experience to help the country improve the quality of auditing in new fields such as the analysis of the environment and information technology.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
