Oecd multi-dimensional country review vietnam

HÀ NỘI — A leading development expert says Việt Nam needs a multi-dimensional review taking opinions from many sectors to ensure a smooth social economic strategy for the future.

That’s the view of Mario Pezzni, director of Organisation for Economic Co-operation and Development (OECD)’s Development Centre, who was speaking at a seminar in Hà Nội yesterday.

Pezzni was addressing the Multi-dimensional Country Review (MDCR), hosted by Ministry of Foreign Affairs, Ministry of Planning and Investment and OECD Development Centre.

The event was held to collect experts’ recommendations on the Government’s socio-economic strategy from 2021 to 2030.

Assistant to the Vietnamese Minister of Foreign Affairs Nguyễn Văn Thảo said Việt Nam values close collaboration between OECD and Vietnamese ministries and sectors to implement MDCR.

Việt Nam’s economy is heading towards a new development phase with opportunities and challenges mingled together, he said, adding the country needs to work on a development plan with practical and specific conditions, he said.

“Analysing international development models and experience is a useful reference for Việt Nam to devise growth strategies and policies,” Thảo said.

The socio-economic sub-committee preparing for the 13th Party Congress is working on the strategy. Under this plan, MDCR has three phases: draft assessment; in-depth assessment, policy recommendation; and action plan recommendation.

Participants to the seminar discussed obstacles for Việt Nam’s sustainable development and gave recommendations Việt Nam should prioritise.

Most of the obstacles are difficulties in mechanisms, human resources, infrastructure and science-technology.

These will be references for the socio-economic subcommittee to complete the strategy.

OECD experts will study the issues that have multi-dimensional impacts on Việt Nam’s growth in order to conduct more comprehensive and in-depth assessment in the second phase of MDCR implementation.

“We expect with multi-dimensional scientific approaches that cover various sectors and from international development models, the MDCR will provide feasible policy recommendations for Việt Nam’s sustainable and inclusive development in the coming five to 10 years,” Thảo said.

OECD Development Centre director Mario Pezzni said the core value that OECD looks towards is to improve welfare for people. To reach that target, OECD will continue to support Việt Nam in mapping out socio-economic development plans.

This process requires multi-dimensional assessment and learning from each other. OECD wants to learn challenges that Việt Nam has faced because these difficulties might be a source of inspiration for developing, even developed countries, he said. — VNS

The OECD’s Multi-dimensional Country Reviews (MDCRs) are a valuable tool created by collaborative and multidisciplinary efforts of the OECD and an extensive range of stakeholders in the country under review to help this country identify major challenges specific to their individual circumstances and development levels. Since February 2019, with supports from four partners, namely the EU-OECD Development Centre Facility for Asia, the Embassy of Switzerland, the Embassy of Korea and HSF in Vietnam, the OECD has worked in close cooperation with the Vietnamese government in developing the MDCR of Vietnam.

Deputy Prime Minister Vuong Dinh Hue (right) and Jan Rielaender, head of the MDCR Unit of the Organisation for Economic Cooperation and Development (Photo: VNA)

Hanoi (VNA) – The Vietnamese Government supports the implementation of the Multi-dimensional Country Review (MDCR) of Vietnam, considering this an important task that requires the engagement of many experts and scientists, Deputy Prime Minister Vuong Dinh Hue has said.

The official made the remarks at a reception for Jan Rielaender, head of the MDCR Unit of the Organisation for Economic Cooperation and Development (OECD), in Hanoi on February 26.

The Government has instructed relevant ministries and agencies to coordinate with the OECD in building the review, he said.

Hue told his guest that Vietnam is preparing for the 13th National Party Congress and Vietnamese leaders aim to set out visions for the country beyond the next ten years.

Therefore, Vietnam wants to know international views on its target of becoming a modern industrialised or developed nation, he said, noting that this is the key for building a national strategy.

The official highlighted the Vietnam 2035 Report, which was composed with the support of the World Bank (WB), and the network of initiatives mobilised by the Government and the Prime Minister.

Besides, Vietnam is completing a strategy for foreign investment attraction and use, while successfully implementing the strategy for the development of agriculture, rural areas and farmers, Hue said.

The Deputy PM expressed his hope for outcomes of the OECD’s MDCR of Vietnam.

For his part, Jan Rielaender spoke highly of Vietnam’s plan to 2035 with a vision towards 2045, suggesting strategies and policies aim to improve capacity of local businesses amidst the strong scientific and technological development.

He said he will study further to give more in-depth assessments and meticulous recommendations to Vietnam.-VNA