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Argentine media praises Vietnam’s economic diplomacy efforts
Vietnam continued efforts to connect with global partners, especially those to explore new growth drivers in Latin America, the Middle East-Africa, and G7 industrialised nations via external affairs and diplomatic activities of Party and State leaders, according to local Argentine media.
Resumen Latinoamericano recently highlighted Vietnam's economic diplomacy as a significant driver of sustainable and rapid development.
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The article published by Resumen Latinoamericano. |
The publication emphasised Vietnam's achievements through overseas visits by high-ranking leaders in 2024, such as Party General Secretary To Lam’s trip to the US in September, during which he attended the UN General Assembly High-Level Week, President Luong Cuong’s visits to Chile and Peru in November, and Prime Minister Pham Minh Chinh’s trips to the UAE, Qatar, and Saudi Arabia in October.
According to the article, these trips resulted in numerous cooperation agreements, providing opportunities for Vietnam to boost sustainable economic growth and lay a foundation for the country to enter an era of comprehensive renewal and deep integration into global supply chains.
In particular, Vietnam’s elevation of ties with Australia, France, and Malaysia to comprehensive strategic partnerships in 2024 was highlighted as a significance for advancing collaboration in renewable energy, nuclear technology, urban transport, innovation, and climate change fight.
The article underlined Vietnam’s efforts to enhance comprehensive strategic partnerships with key partners such as China, Russia, India, the Republic of Korea, the US, and Japan and push for deeper trade cooperation with the European Union.
The efforts have not only affirmed Vietnam's position in the international arena, but also opened up big opportunities to promote cooperation in various strategic areas.
Besides, at international forums, Vietnam's proposals and initiatives on digital transformation, green transition, global governance and sustainable supply chains have contributed to shaping an open and sustainable regional and global economic order.
Through its proactive multilateral activities, Vietnam has solidified its image as a dynamic economy ready to address global challenges. These efforts have earned trust and interest from international partners.
The Singapore-based United Overseas Bank (UOB) has raised its GDP growth forecast for Vietnam in 2025 to 7%, up from the previous projection of 6%, given the strong momentum that carried over from 2024 and pricing in the potential downside from future trade conflicts under the US administration.
Prime Minister Pham Minh Chinh and his Lao counterpart, Sonexay Siphandone, co-chaired an investment cooperation conference in Vientiane on January 9, as part of the Vietnamese leader’s trip to the neighbouring country.
Singapore continues to hold its position as the world's most powerful passport in the latest rankings released in early 2025 while both Vietnam and Malaysia have dropped one place compared to last year.
European business leaders are increasingly optimistic about the economic prospects of Vietnam whose position as a crucial link in Southeast Asia continues strengthening despite a turbulent global landscape, according to the Q4 2024 Business Confidence Index (BCI) report released by the European Chamber of Commerce in Vietnam (EuroCham Vietnam) on January 8.
Google honored Vietnam’s 2024 ASEAN Cup victory with virtual fireworks and a congratulatory message on its search engine.
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