SEMINAR “DIALOGUE ON THE ECONOMIC PICTURE OF VIETNAM IN 2023″

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On March 7th, 2023, the Faculty of International Economics of the Foreign Trade University organized a scientific seminar under the theme “Dialogue: Economic Picture of Vietnam in 2023” in the D201 auditorium of the Foreign Trade University. The seminar aimed to provide experts, professors, researchers, students, and learners with a platform for discussing various economic issues in Vietnam, updating information, and forecasting the economic prospects of Vietnam in 2023.

The seminar featured guest speakers including Dr. Nguyen Tu Anh, Head of the General Economic Department at the Central Economic Commission, and Dr. Nguyen Ky Son, Deputy Head in charge of the Americas Department at the Central External Relations Committee. From the Foreign Trade University, the seminar was attended by Assoc.Prof.Dr. Dao Ngoc Tien, Vice President; Assoc.Prof.Dr. Hoang Xuan Binh, Dean of the Faculty of International Economics; Assoc.Prof.Dr. Vu Hoang Nam, Head of the Department of Scientific Management; Assoc.Prof.Dr. Nguyen Thi Tuong Anh, Deputy Dean of the Faculty of International Economics; Dr. Luong Thi Ngoc Oanh, Deputy Dean of the Faculty of International Economics, as well as other professors, lecturers, and researchers from the university. Additionally, the seminar saw the participation of nearly 200 lecturers, researchers, students, and learners from the Foreign Trade University

In his opening remarks, Assoc.Prof.Dr. Dao Ngoc Tien, Vice President of the Foreign Trade University, highlighted the challenges of forecasting the Vietnamese economy amidst global and regional economic fluctuations. He expressed hope that the seminar would clarify the opportunities and challenges facing the Vietnamese economy in 2023, providing multidimensional perspectives for scientists, lecturers, and students on the economic context and direction of Vietnam in 2023.

The seminar was divided into two parts: the first part featured presentations by experts, followed by a dialogue session among experts, and invited scholars to provide participants with a comprehensive overview of the economic picture in Vietnam in 2023.

In the opening of the presentation, Dr. Nguyen Tu Anh, the Head of the General Economic Department at the Central Economic Commission, discussed the topic of “Economic Restructuring and Regional Economic Development in Vietnam.” Dr. Nguyen Tu Anh emphasized that diversifying the economic structure is a crucial element in driving Vietnam’s economy forward. He also pointed out the challenges in establishing regional linkages in Vietnam due to the absence of a unified administrative body for overall management as well as a common coordination mechanism among regions. Dr. Nguyen Tu Anh underscored that the development of regional linkages should be driven by the needs of businesses themselves; businesses should interconnect with one another, and the government and regulatory agencies play a role in promoting and facilitating these connections.

The second presentation by Dr. Nguyen Ky Son, Deputy Head of the Americas Department at the Central Foreign Affairs Bureau, was on “Economic Cooperation between Vietnam and Some American Countries: Opportunities and Challenges.” Dr. Nguyen Ky Son pointed out that the Americas represent a significant market for Vietnam, with the bilateral trade value nearly quintupling over the past 10 years. Against the backdrop of international and regional cooperation and development, the influence of the Fourth Industrial Revolution, and Vietnam’s economic-oriented foreign policies, economic cooperation between Vietnam and the Americas holds numerous wide-ranging opportunities.

Following that, Assoc. Prof. Dr. Dao Ngoc Tien, Vice President of the Foreign Trade University, delivered a lecture on “Vietnam’s Trade and Investment Issues in 2023” to provide an overview of Vietnam’s trade and investment activities in 2022-2023. Assoc. Prof. Dr. Dao Ngoc Tien presented real figures on foreign direct investment and trade activities in Vietnam, indicating that the Vietnamese economy was recovering but not as robustly as initially expected in early 2022. However, there were bright spots in trade activities as the total import-export turnover reached 700 billion dong, and Vietnam maintained a surplus in its key export items. To preserve this advantage amid global and regional economic uncertainties, Assoc. Prof. Dr. Dao Ngoc Tien emphasized the importance of economic restructuring and regional connectivity to ensure an adequate supply of export goods.

After the three presentations, the seminar moved on to the second part, which involved a dialogue and exchange with experts. The discussion session was moderated by Assoc. Prof. Dr. Hoang Xuan Binh, Dean of the Faculty of International Economics, along with three speakers: Dr. Nguyen Tu Anh, Dr. Nguyen Ky Son, and Assoc. Prof. Dr. Dao Ngoc Tien. The speakers shared and discussed various aspects of the 2023 Vietnamese economy, including challenges in export activities, the negative impact of global uncertainties on the domestic situation, slow disbursement of public investment, exploring niche markets, and practical solutions to promote regional connectivity. The presentations by the speakers were lively and generated numerous questions from the participants.

In the concluding remarks of the discussion session, Assoc. Prof. Dr. Hoang Xuan Binh summarized the economic landscape of Vietnam in 2023 based on the exchanges of the speakers at the seminar. In the context of numerous economic challenges, such as slow public investment disbursement and issues in capital and real estate markets, Vietnam aims to achieve a growth rate of 6.5% and increase exports by 6%. The primary drivers of this growth include solving the puzzle of promoting public investment diversification to boost economic diversity and enhance regional connectivity, with active participation from businesses.

At the end of the seminar, Assoc. Prof. Dr. Dao Ngoc Tien and Assoc. Prof. Dr. Hoang Xuan Binh, on behalf of the Foreign Trade University and the organizing committee, expressed their gratitude and presented commemorative gifts to the seminar’s speakers. The seminar was a great success and received positive feedback from participating scientists, lecturers, researchers, and students.

Some photos from the seminar:

The MC announces and introduces the delegates and guests

Representatives of the speakers and guests

Representatives from the Foreign Trade University, Faculty of International Economics

Assoc. Prof. Dr. Dao Ngoc Tien, Vice President of the Foreign Trade University, delivered the opening speech at the seminar

Participants’ image

Presentation 1: Economic Restructuring and Regional Economic Development in Vietnam

Speaker: Dr. Nguyen Tu Anh – Head of the Comprehensive Economic Division, Central Economic Committee

Presentation 2: Economic Cooperation between Vietnam and Some American Countries: Opportunities and Challenges

Speaker: Dr. Nguyen Ky Son – Deputy Head in charge of the Americas Department, Central Foreign Affairs Bureau

Presentation 3: Vietnam’s Trade and Investment Issues in 2023

Speaker: Assoc. Prof. Dr. Dao Ngoc Tien – Vive President of the Foreign Trade University

Dialogue Session: The Economic Picture of Vietnam in 2023

Session Moderator: Assoc. Prof. Dr. Hoang Xuan Binh – Head of the Faculty of International Economics, Foreign Trade University

Assoc. Prof. Dr. Vu Hoang Nam – Head of the Department of Scientific Management, posed questions to the speakers

Ph.D. student Nguyen Thuy Quynh poses questions to the speakers

Undergraduate students from the high-quality international Economics program ask questions to the speakers

Assoc. Prof. Dr. Dao Ngoc Tien and Assoc. Prof. Dr. Hoang Xuan Binh, on behalf of the Foreign Trade University and the organizing committee, extended their gratitude and presented commemorative gifts to the seminar’s speakers

Closing seminar