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PM weighs opportunities, challenges of WTO membership (09/11)
06/08/2010 - 123 Lượt xem
After
formal approval to become the 150th member of the world's largest
trade body,
Entering the WTO, he added, the country would gain equal status with other
member countries and join the fight for a new economic order, which is more
rational and conducive to the interests of the nation and business.
He remarked that admission to the global trade body and integration into the
world economy would help accelerate the country’s reform process, and ensure
more comprehensive and effective progress.
Together with great achievements after the past 20 years of renewal, accession
to the WTO would heighten
Challenges
"While
being clearly aware of the opportunities created by WTO entry, we should
realize the challenges that we have to confront, especially when the country is
at a low development level with weaknesses in State administration," Dung
said.
He pointed out that these challenges stemmed from disparity between the
nation's internal capacity and the requirements of integration.
Competition
would heighten with the presence of more "rivals", Dung warned.
The distribution of interests brought about by globalization was not equal,
Dung reckoned, stressing that this required the country to have correct welfare
and social security policies and to grasp and thoroughly implement the Party's
policy of "promoting economic growth in parallel with reducing poverty,
and properly executing social progress and justice in each step of
development."
Global economic integration has increased inter-dependence between countries,
thus turmoil on the markets of other countries strongly the local market.
This required
International
integration would also pose new questions on environmental protection, national
security and preserving cultural identity and traditions in the face of the
global pursuit for a material lifestyle, Dung added.
The PM also mentioned that the Party Central Committee's fourth session would
be held later this year and would discuss major policies and guidelines for
achieving fast and sustainable growth as a WTO member.
A number of
goals had already been identified to define these policies, including the
completion of the legal and administrative system in order to quickly form
uniform elements of a market economy and provide a legal foundation for the
implementation of commitments to the WTO, he said.
The PM stated that administrative procedures must be streamlined to eliminate
unnecessary procedures and shorten the time required for the establishment of
enterprises and their participation in the market, helping commodities and
services enter the market as soon as possible.
State administrative agencies must be reorganized, he said, to ensure
coordinated and inter-industry vision and eliminating overlap and inefficiency
in the formation and operation of administrative institutions.
Dung said the development of human resources must be undertaken through an
educational reform strategy focusing on curricula, teaching methods and
examination systems at all educational levels.
Focus must turn to the development of transportation and energy infrastructure
with all possible resources, including foreign investment.
Economic re-structuring must be undertaken for agricultural and rural areas,
gradually shifting agricultural workers to jobs in industrial production and
services, increasing the budget for agriculture and rural areas shifting
financial support formally reserved for the export of farm products towards
developing irrigation and rural transportation.
Another must is the development of all forms of services with a focus on high
value-added services, financial and banking services, telecommunications,
tourism, and consultancy services.
The nation must unite to promote areas with existing competitive advantages and
potential for market expansion, he said.
The reform of State-owned enterprises must also be quickened, Dung said, to
encourage investment in production and business and the development of forms of
enterprises, and support of small and medium-sized enterprises.
The PM also advised that the competitiveness of Vietnamese enterprises must be
enhanced as WTO membership takes hold.
He also stated that the leadership of the Communist Party of Vietnam must be
ensured, to uphold the spirit of national independence, autonomy, sovereignty
and development.
Source: VNA