In order to develop the country into a powerful force with a wealthy local population, greater attention should be paid to developing the national livelihood, growing stronger local enterprises, creating brands with regional and global competitiveness, along with obtaining excellent human resources.

Prime Minister Nguyen Xuan Phuc speaks at the event

These remarks were made by Prime Minister Nguyen Xuan Phuc at an event known as “Dialogue 2045” with various business representatives and intellectuals at the Thong Nhat Conference Hall in Ho Chi Minh City on March 6, featuring the participation of many senior leaders.

The Government leader reviewed the achievements following nearly 35 years of pursuing the renewal process under the leadership of the Community Party of Vietnam (CPV), with the national economy enjoying positive growth. The lives of local people have been greatly improved, with the life expectancy increasing compared with advanced countries such as Japan and Singapore, with greater attention being given to a range of social and cultural issues.

PM Phuc therefore highlighted the contributions made by the local the business community to the nation over the past 35 years of Doi Moi (Renewal), expressing hope that firms can learn new ideas to transform the nation into a developed and high-income country.

The nation must be home to business giants capable of competing both regionally and globally by unlocking the potential and making use of the strengths of citizens living and working inside and outside of the country, he emphasized.

The nation must also strive to lure and promote external resources in terms of technology, knowledge, and innovation, along with building a brighter future.

Dialogue 2045 was held as part of efforts to chart a course of actions to translate the development goals through to 2045.

In line with the Resolution adopted at the 13th National Party Congress, Vietnam expects to move out of its low middle-income status by 2025.

According to the schedule, the nation will become an upper-middle income country by 2030 and gain developed and high-income nation status by 2045.

These are the key time milestones as the country prepares to mark the 50th anniversary of liberation of the South and national reunification in 2025, the 100th founding anniversary of the CPV in 2030, followed by the 100th founding anniversary of the Democratic Republic of Viet Nam, now known as the Socialist Republic of Vietnam, in 2045.

PM Phuc also stated that "Dialogue 2045" will be held periodically, both via direct and online platforms, thereby covering many topics from socio-economy, the environment, culture, education, science and technology, and international integration, including national security and defence.