Meeting Secretary General of the United Nations Conference on Trade and Development (UNCTAD) Mukhisa Kituyi, Hue said Vietnam backs UNCTAD’s agenda that promotes global trade based on transparency, inclusiveness, and non-discrimination in service of development. 

The UNCTAD Secretary General hailed Vietnam’s socio-economic development and contributions to UNCTAD’s agenda. 

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Deputy Prime Minister Vuong Dinh Hue 
Both sides agreed to bolster joint work in public debt management, management capacity, building and analysing trade, investment and development policies. 

Speaking to representatives of 155 delegations at the 64th session of UNCTAD’s Trade and Development Committee, Hue said Vietnam will continue efforts to perfect its law-governed State, build a transparent, facilitating, and action-oriented government, renew growth model to improve economic efficiency and competitiveness towards raising gross domestic product by 6.5-7 percent from 2017-2020. 

He said the country will keep improving the business climate to achieve the average level of ASEAN-4 nations by 2020 and meet OCED competitiveness criteria. 

As Vietnam hosts the APEC Summit 2017, the country has actively built an agenda towards strengthening linkage, promoting trade, sustainable and inclusive development, he said, adding that UNCTAD as well as other UN mechanisms need to improve working efficiency and provide support for developing countries. 

Participants welcomed Vietnam’s achievements and development experience. 

On the occasion, Deputy PM Hue and UNCTAD Secretary General witnessed the signing of a cooperation agreement on public debt management between the Finance Ministry and UNCTAD, and two others on technical support between the Finance Ministry and the World Health Organisation, and between the International Road Transport Union and the General Department of Vietnam Customs. 

During a joint working session with leaders of more than 10 international organisations based in Geneva, Hue said multilateral diplomacy is one of the pillars in Vietnam’s foreign affairs policy and spoke highly of the role of the UN and international organisations based in Geneva. 

Amid the current global challenges, he called for attention to stepping up multilateralism and global partnership for peace, security and development. 

He expressed wish that international organisations will continue partnering with Vietnam during the national construction and defence. 

In the afternoon the same day, Hue held a working session with Executive Director of the World Economic Forum Philipp Rosler and attended a ceremony marking the 40th anniversary of Vietnam’s entry to the United Nations.

Source: VNA