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Global economy

ASEAN's Unity in Diversity: Vietnam's Commitment to Harmonious Development

Strategic Insights

— 1 min read

Prime Minister Pham Minh Chinh emphasized ASEAN's unity in diversity and called for harmonious development during the high-level dialogue of the ASEAN Business and Investment Summit (ABIS) 2025 in Kuala Lumpur, Malaysia. The event gathered over 1,500 participants, including ASEAN leaders, CEOs of large corporations, and international economists. PM Chinh outlined Vietnam's key economic priorities for the future, focusing on balancing growth with sustainable development, and self-reliance with integration. He highlighted the country's commitment to digital transformation, green economy, and innovation, and emphasized the importance of ASEAN's centrality in the global economy.

Key Takeaways:

  • Vietnam aims to promote growth drivers by renewing traditional drivers (investment, export, and consumption) and fueling new ones (green economy, digital economy, circular economy, sharing economy, and creative economy).
  • The country views digital transformation as a strategic choice and top priority, with a focus on artificial intelligence, semiconductors, e-commerce, logistics, and digital transformation in various sectors.
  • Vietnam has launched a 'Digital Literacy for All' campaign to enable citizens to gain digital skills and benefit from digital transformation.
  • The country emphasizes the importance of ASEAN's unity in diversity, the spirit of resilience, and the role as a growth centre, and advocates for promoting the bloc's centrality in the overall world context.
  • Vietnam encourages ASEAN countries to build, harmonise, and improve institutional frameworks, boost comprehensive infrastructure connectivity, and step up training high-quality human resources.
  • The country stresses the need for smart governance, building good institutional frameworks to attract foreign investment, and efficiently combining internal and external resources.

Statistics:

  • Over 1,500 participants attended the ASEAN Business and Investment Summit (ABIS) 2025 in Kuala Lumpur, Malaysia.

Sources:

  • "Vietnam News"
  • "ASEAN Business and Investment Summit (ABIS) 2025"

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