The event aimed to seek practical and effective measures to develop the human capital, build a non-emission economy, and promote the model of sustainable economy to help enhance the competitiveness of the private sector.

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An overview of the conference

The solutions are expected to contribute to the building of the socio-economic development strategy for the 2021-2030 period with new vision and policies to bring the country to a decade with more sustainable development.

Within the conference, participants discussed topics related to the development of circular economy in the next decade and the inter-sectoral growth model and the transformation in the principle of using materials; the public-private partnership (PPP); and human capital.

Representing the Vietnam Business Council for Sustainable Development (VBCSD) under the Vietnam Chamber of Commerce and Industry (VCCI), VCCI President Vu Tien Loc said that in order to attract more resources from the private sector to socio-economic development and completing the Sustainable Development Goals (SDGs), it is necessary to promote the expansion of the public-private partnership.

He stressed the need to issue a PPP Investment Law to reform the PPP model, adding that State management agencies should change their management methods and improve their capacity to give more favourable conditions for investment activities in the PPP form, thus luring new investment.

Daniel Dulitzky, WB Director for Human Resource Development in the East Asia-Pacific Region, said that Vietnam is showing good performance in human capital index, but the country is facing challenges in ensuring the high quality human resources, and held that in order to overcome the challenges, Vietnam should shorten the distance among ethnic groups and strengthen the development of the workforce.

The WB representative also gave a number of recommendations for Vietnam in fulfilling SDGs, including the reform of national target programmes, the renovation of the tertiary education system, the attracting of more investment and engagement of the private sector to education-training, thus creating closer connection between training facilities and businesses.

The National Conference on Sustainable Development 2019 was held by the National Council for Sustainable Development and Competitiveness Improvement in coordination with the VCCI and the World Bank.

Source: VNA