Int’l media spotlight Vietnam’s achievements under Party chief’s leadership

By Vietnam News Agency
Mon, July 22, 2024 | 9:22 am GMT+7

International media have reported the passing of Party General Secretary Nguyen Phu Trong on recent days and also reviewed milestones of his career.

 Party General Secretary Nguyen Phu Trong. Photo courtesy of Vietnam News Agency.

Party General Secretary Nguyen Phu Trong. Photo courtesy of Vietnam News Agency.

In a program broadcast live last Friday of Channel One, politician and former member of the State Duma of Russia Vyacheslav Nikonov expressed deep condolences to the Party, State, and people of Vietnam.

He described the Party chief as a big friend of Russia, stressing that Trong was truly a great friend of Russia who had substantial influence on the successful development of bilateral relations.

The Komsomol Truth newspaper said under General Secretary Trong’s leadership, Vietnam obtained the biggest achievements in economic, political, and social affairs and maintained stable GDP growth.

Sharing the view, the media in Japan said Vietnam’s most outstanding achievement during Trong’s leadership was high economic growth, the increased stature in the international arena, and the comprehensive, multidirectional, and balanced foreign policy in a polarized world.

The NHK television station along with Nikkei Asia and Yomiuri newspapers perceived that the Party leader carried out comprehensive diplomacy to consolidate and maintained Vietnam’s good relations with the U.S., China, Japan, Russia, and other countries while promoting multidirectional diplomacy even when the international community is increasingly polarized.

The Asahi newspaper noted that under Trong’s leadership, Vietnam positioned its ties with Vietnam as comprehensive strategic partnership. Trade and the sending of technical interns have been intensified. He visited Japan and met then Prime Minister Abe Shinzo in 2015.

Nikkei Asia, Yomiuri, and Asahi added that the Party leader launched a thorough crackdown on corruption which is a historic move in the fast-growing economy and gains public support, thereby strengthening the Party’s centrality.

Nikkei Asia reported that Geneal Secretary Trong was known more widely through his academic statements, including the one that socialism unceasingly improves the quality of people’s material and spiritual lives as he said in a 2022 speech. This newspaper also named some of its famous books.

In terms of economy, it said, Vietnam secured fast growth under his leadership thanks to its participation in free trade agreements and other measures. Vietnam has attracted foreign manufacturers by taking such measures as joining in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Global enterprises, from tech giant Apple of the U.S. to Chinese electric vehicle producer BYD, Japanese apparel retailer Uniqlo, and others are expanding their supply chains in Vietnam, a market emerging as a centre of garment and tech devices.

In the U.S., many large newspapers have run articles about his leadership career over the last 13 years.

The Washington Post wrote that Trong led Vietnam to a period of stronger economic opening, and his anti-corruption drive attempted to burnish public trust in the Party and its stewardship of Vietnam’s economy, one of the most dynamic in the region, with sectors that include a growing start-up culture.

He was seen as an artful practitioner of Vietnam’s “bamboo diplomacy” as the country navigates ties with its most important economic partners, China and the U.S., while also building bonds with nations such as India and Russia, according to the newspaper.

The New York Times said the Party chief was viewed as a frugal leader. He oversaw one of Asia’s fastest-growing economies and raised Vietnam’s prestige on the international stage.

Comments (0)
  • Read More
What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

What makes NobleGo - Vietnam’s first home-bidding livestream platform - so notable?

NobleGo – Vietnam’s pioneering AI-powered livestream real estate bidding platform developed by Sunshine Group – has completed its first 20 livestream sessions.

Real Estate - Tue, September 16, 2025 | 4:53 pm GMT+7

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese retailer Aeon to debut another northern Vietnam shopping mall by end-2026

Japanese-backed Aeonmall Vietnam is ramping up construction on its Aeon Mall Ha Long project in Quang Ninh province, home to Ha Long Bay, with an aim to open it to the public by end-2026.

Industries - Tue, September 16, 2025 | 3:54 pm GMT+7

Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex

Hanoi terminates Vinaxuki auto plant project, repurposes land for commercial complex

A long-stalled automotive manufacturing project by Xuan Kien Auto JSC (Vinaxuki) has been officially terminated by Hanoi authorities, and the reclaimed land in Phuc Thinh commune will be repurposed for a new commercial and service complex.

Industries - Tue, September 16, 2025 | 2:44 pm GMT+7

Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout

Central Vietnam province reviews investment proposal for thermal power project after Thai EGATi pullout

Authorities in the central province of Quang Tri are evaluating a proposal from Power Generation JSC 1 (EVNGENCO 1), a subsidiary of state utility Vietnam Electricity (EVN), to take over the Quang Tri thermal power plant project, following the withdrawal of Thai investor EGATi.

Energy - Tue, September 16, 2025 | 1:44 pm GMT+7

Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers

Amata to sell stakes worth $46 mln in Vietnam units to Novaland-tied buyers

Amata VN, the Vietnam arm of Thailand’s leading industrial park developer Amata, has approved a plan for its subsidiary Amata City Long Thanh Urban JSC (ACLT) to sell its remaining 51% stakes in two entities to local developer Novaland-linked buyers.

Real Estate - Tue, September 16, 2025 | 12:19 pm GMT+7

Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister

Vietnam already meets FTSE's criteria for stock market status upgrade: Finance Minister

Vietnam has fulfilled the criteria for a stock market status upgrade by FTSE Russell through reforms aimed at facilitating foreign investment inflows into its market, said Minister of Finance Nguyen Van Thang.

Economy - Tue, September 16, 2025 | 9:36 am GMT+7

Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry

Banks should be allowed to distribute, invest in mutual fund certificates: Vietnam's finance ministry

The Ministry of Finance is proposing a key reform that would allow commercial banks to invest in and distribute mutual fund certificates, as part of a broader plan to restructure the investor base and foster the development of Vietnam’s fund management industry.

Finance - Tue, September 16, 2025 | 8:00 am GMT+7

E-commerce boom a major driver of Vietnam's packaging paper industry growth

E-commerce boom a major driver of Vietnam's packaging paper industry growth

Vietnam's paper packaging industry is entering a period of strong growth, with an average annual growth rate forecasted at 10% until 2030.

Companies - Mon, September 15, 2025 | 10:20 pm GMT+7

Vietnam needs support from UK in developing international financial center: Deputy PM

Vietnam needs support from UK in developing international financial center: Deputy PM

Permanent Deputy Prime Minister Nguyen Hoa Binh has called on the UK and the City of London to continue supporting and accompanying Vietnam in promoting and introducing its international financial center (IFC).

Finance - Mon, September 15, 2025 | 10:12 pm GMT+7

Vietnam enforces 8% capital adequacy ratio for banks from Sept 15

Vietnam enforces 8% capital adequacy ratio for banks from Sept 15

Commercial banks and foreign bank branches in Vietnam must maintain a minimum capital adequacy ratio (CAR) of 8%, including at least 4.5% in Tier 1 core capital and 6% in Tier 1 capital, starting from September 15.

Banking - Mon, September 15, 2025 | 10:04 pm GMT+7

Tool for wood traceability management debuts in Vietnam

Tool for wood traceability management debuts in Vietnam

The Vn-WoodID application has been officially launched in Vietnam, becoming a key tool contributing to wood traceability.

Companies - Mon, September 15, 2025 | 10:00 pm GMT+7

Sun Group, US Embassy foster aviation-hospitality cooperation

Sun Group, US Embassy foster aviation-hospitality cooperation

Sun Group, in collaboration with the US Embassy in Vietnam, hosted the US – Vietnam Aviation Partnership Roundtable on September 12, bringing together 15 leading American corporations in aviation, technology, and financial services, opening up opportunities to position Phu Quoc as a new aviation and tourism hub in the region.

Companies - Mon, September 15, 2025 | 9:54 pm GMT+7

Vietnam tops Thai giant SCG’s overseas markets with 9% revenue contribution in H1

Vietnam tops Thai giant SCG’s overseas markets with 9% revenue contribution in H1

Vietnam remained the largest overseas market for Thailand’s Siam Cement Group (SCG) in the first half of 2025, contributing 9% of consolidated sales.

Companies - Mon, September 15, 2025 | 8:10 pm GMT+7

Central Vietnam to have new airport Mang Den

Central Vietnam to have new airport Mang Den

Procedures to adjust Vietnam's airport system planning, including the addition of Mang Den Airport in central Vietnam, are being proceeded, according to the Ministry of Construction.

Infrastructure - Mon, September 15, 2025 | 5:16 pm GMT+7

Vietnam's government seeks to position country as 'regulated hub for digital assets in Asia': Dragon Capital

Vietnam's government seeks to position country as 'regulated hub for digital assets in Asia': Dragon Capital

The Vietnamese Government has advanced the regulation of digital assets, with a resolution launching a five-year pilot framework for issuance and trading. This framework signals the Government’s intent to position the country as a regulated hub for digital assets in Asia, which could attract new capital inflows, write Dragon Capital analysts.

Economy - Mon, September 15, 2025 | 2:20 pm GMT+7

Agribank introduces sizable $4.17 bln preferential credit package

Agribank introduces sizable $4.17 bln preferential credit package

Right from the beginning of 2025, Agribank launched a substantial preferential credit package worth VND110 trillion ($4.17 billion) to support individual customers.

Companies - Mon, September 15, 2025 | 1:32 pm GMT+7