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Vietnam pursue rapid growth, seeking sustainable, inclusive economy

26 Oct 2025, 5:19 AM
Vietnam pursue rapid growth, seeking sustainable, inclusive economy

KUALA LUMPUR, Oct 26 — Vietnam aims to pursue rapid economic growth while striving to build a more sustainable and inclusive economy, according to Vietnam Prime Minister Phạm Minh Chính.

He said they are focusing on fostering global integration and enhancing resilience through more sustainable and effective participation in the international economy.

“We like to start from the right mindset, as digital transformation is an objective demand, a strategic choice, and a foremost priority for Vietnam.

“We need to be consistent in both our mindset and action to set conditions as this could play a key role in aligning Vietnam’s economic connectivity,” Phạm said during the ‘Leader Fireside Chat’ session, moderated by Asean Business Advisory Council member for Singapore Rachel Eng.

The session is a part of the Asean Business and Investment Summit (ABIS) 2025 held at the Malaysia International Trade and Exhibition Centre (Mitec) today, on the sidelines of the 47th Asean Summit and Related Summits taking place from today until Tuesday (October 28) at the Kuala Lumpur Convention Centre.

He added that under the leadership of Vietnam’s Communist Party General-Secretary Tô Lâm, the country is striving to enhance digital competence among its people.

“Everyone (in Vietnam) needs to pursue skilling and reskilling in terms of digital transformation to reap the benefits of the process. So when it comes to our mindset and action, we will need to form a foundation because resource stems from mindset and drive transformation,” Phạm said.

Meanwhile, he urged Asean, as a regional bloc, to develop and strengthen governance, institutions, and capacity-building.

“We need to share experience, learn, and accompany each other in this development process. These shall create a collective strength of Asean, and so each nation can harness the strength, thereby contributing to the strength of the region,” Phạm said.

Earlier, he joined other Asean leaders at the opening ceremony of the Summit by Malaysian Prime Minister cum Asean chair for this year Datuk Seri Anwar Ibrahim.

Held under the theme 'Inclusivity and Sustainability', the high-level regional meeting gathered over 3,000 delegates, including prominent world leaders from over 30 countries and organisations and their delegations.

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