Identifying opportunities in new contexts
Sharing at the Workshop on Investment Opportunities in the New Context, organized by the Association of Foreign Investment Enterprises on the morning of March 19, Professor, Dr. Nguyen Mai - Chairman of the Association of Foreign Investment Enterprises said that in 2025, international organizations forecast that the global economy will grow steadily but below average.
Specifically, the International Monetary Fund (IMF) and the World Bank (WB) both forecast global economic growth of about 3.2%, below the 3.5% level before the Covid-19 pandemic.
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| Resolution 57/NQ-TW is opening up investment opportunities for Vietnamese enterprises. Photo: NH |
“Risks that could affect global economic growth include geopolitical tensions, increased trade protectionism and pressure from policies of major economies such as the US, EU, China, Russia and India,” informed Professor, Dr. Nguyen Mai.
Global inflation in 2025 is forecast to decline from 5.8% in 2024 to 4.3% in 2025, with developed economies likely to achieve 2% inflation. Global trade has recorded a clear recovery in 2024, with a growth rate of 3.1%, from 0.8% in 2023.
Key drivers for trade growth in 2025 include lower global inflation, a positive economic outlook, and increased demand for products related to artificial intelligence and the energy transition.
Commenting on the global context, Dr. Le Xuan Nghia, member of the National Monetary Policy Advisory Council, said: Recently, governments and private corporations have invested in new-generation chip technology and AI technology with unprecedentedly large volumes.
For example, the US has two investment packages in chips and AI worth over 1,000 billion USD. China has also invested over 1,000 billion USD in this field. Japan has three government investment packages worth hundreds of billions of USD.
“Notably, these are all government investments, not to mention investments from the private sector. This will create a new generation of technology, a new industrial age, a breakthrough in the global economy,” Dr. Le Xuan Nghia affirmed.
Regarding the domestic context, according to Professor, Dr. Nguyen Mai, Vietnam aims for a growth rate of 8% or more in 2025 and double digits in the following years. To achieve the economic growth target, the Party and Government have proposed many breakthrough solutions, including: Streamlining the apparatus, merging administrative boundaries of provinces and cities, reducing business conditions and focusing on developing the private economy, developing science and technology, etc.
Among them, economic experts believe that science and technology development policies are not only suitable for the global context but are also considered a 'breath of fresh air', bringing positive opportunities to the Vietnamese business community.
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| Enterprises proactively invest in science and technology. Photo: NH |
"Nudge" from Resolution 57
To develop science and technology, at the end of 2024, the Politburo issued Resolution 57/NQ-TW on breakthroughs in science and technology development, innovation and national digital transformation with the view that this will be a top important breakthrough, the main driving force to rapidly develop modern productive forces, perfect production relations, innovate national governance methods, develop the socio-economy, prevent the risk of falling behind, and bring the country to breakthrough development and prosperity in the new era.
Mr. Doan Huu Hau - Director of Digital Transformation, AI Transformation, FPT Digital (FPT Group) assessed: The contents stated in Resolution 57/NQ-TW are like a "push", opening up important opportunities for the business community and investors in developing science, technology and innovation.
Sharing the same view, Mr. Tran Anh Thang - Member of the Board of Directors of Vietnam Export Import Commercial Joint Stock Bank commented: Resolution 57/NQ-TW also opens up new opportunities for the banking industry, opportunities to invest in technology to develop digital technology, digital finance and AI technology.
“Thanks to Resolution 57/NQ-TW, the banking industry is 'opened up' and can deploy all solutions related to digital finance, blockchain , AI, Fintech... this is a great opportunity for the banking industry in the coming period" - Mr. Tran Anh Thang added.
According to economic experts, with the spirit of Resolution 57/NQ-TW, the Vietnamese business community is also more confident in applying technology to production and business activities, raising awareness about the transition to digital economy and digital enterprises, this is an important solution for businesses in particular and the economy in general in the new context. Because if we do not change our growth model, we cannot ensure the creation of advantages to exploit the potential of each type of production, business and service according to the new trend of using science and technology, human resources to create high productivity and quality, economic efficiency of production and business, and even be eliminated not only in the world market, but also in the domestic market.
| In order to develop science and technology, the Government has issued the Semiconductor Industry Development Strategy and the Semiconductor Industry Human Resources Development Project to 2030, with a vision to 2050. This is opening up great opportunities for Vietnam to attract investment in the fields of artificial intelligence and semiconductors. |
Source: https://congthuong.vn/doanh-nghiep-ky-vong-cu-huych-tu-nghi-quyet-57nq-tw-378967.html
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