Vietnam's Development Thinking Shifts: Chinese Scholar

A Chinese scholar points out a notable shift in Vietnam's development thinking, moving from "organizational restructuring" to "improving governance effectiveness." Professor Qu Qiang from Minzu University of China states that with organizational reforms largely completed, the more crucial task now is to ensure the new system operates more effectively. This transition suggests that Vietnam views enhancing governance capacity as an urgent priority for sustained economic growth. Under the one-party system led by the Communist Party of Vietnam, the efficiency of policy formulation and implementation is key to economic development. This shift in thinking can be seen as an indication of Vietnam's determination to achieve more effective policy management. Furthermore, the scholar notes that four strategic transformations underscore Vietnam's development potential. These transformations are likely to serve as guidelines for Vietnam to achieve a sustainable growth trajectory, considering its complex domestic challenges and the geopolitical environment, including its relationship with China. The relationship with China, in particular, is a constantly important strategic factor for Vietnam, where economic interdependence and security concerns are intricately intertwined. Professor Qu analyzes that these strategic priorities signal Vietnam's next phase of development, suggesting that the country is transitioning towards a higher quality, sustainable development rather than just economic growth. Such changes may also bring about shifts in Vietnam's role in the international community and its influence on the regional economy.