Nghe An Provincial Business Bloc Party Committee fosters knowledge for entrepreneurs
On September 21, the Party Committee of Nghe An Provincial Business Bloc organized a conference to foster knowledge for entrepreneurs in 2024 with the topic "The economic and political situation in the world, the region and our country in the past time; the guidelines and policies of our Party and State in the coming time".
The conference was attended by 500 delegates who are key leaders of enterprises with affiliated grassroots party organizations and grassroots party organizations that have moved according to Regulation No. 60-QD/TW dated March 8, 2022 of the Party Central Committee.
At the conference, delegates listened to Dr. Phi Vinh Tuong - Director of the Institute of World Economics and Politics under the Vietnam Academy of Social Sciences discuss the world and regional economic and political situation, emphasizing the advantages and difficulties that directly impact the domestic economy and politics, and relate to business activities in the current period and the coming time.
According to Dr. Phi Vinh Tuong, the world economic and political situation in recent times has had many rapid, complex, and unpredictable fluctuations; global economic growth is low and uneven, inflation tends to decrease gradually but persistently, and the risk and instability of the world economy is increasingly higher. Many factors affect world economic growth, especially armed conflicts, escalating geopolitical tensions, food security, increasing public debt, global supply chain disruptions, etc.
According to forecasts, economic recovery in 2025 and 2026, although positive, will still be modest. Inflation is forecast to decrease slowly, at around 3.5%, thus continuously putting pressure on the policy management of governments of economies to stabilize the macro economy, posing challenges for businesses. The issue of improving employment and income for workers will still face difficulties.
International trade patterns will be more closely linked to the transition to a green global economy and digital transformation. Green investment is growing, especially in electric vehicles, semiconductors and energy, but along with that comes green inflation, posing challenges for pioneering businesses in the green transformation.
Forecasting and analyzing the world context to 2030, with a vision to 2045, Dr. Phi Vinh Tuong emphasized the challenges facing Vietnam in achieving development goals in international integration. These are challenges from the risk of a global economic crisis; challenges from the need for institutional reform when joining new-generation trade agreements; the weakening of multilateral cooperation mechanisms; strategies of major powers; challenges to security, sovereignty and surrounding threats. However, with the outstanding development of technology, Vietnamese enterprises will have many opportunities to participate in the global production and supply chain and focus on green and digital fields.
Speaking at the conference, comrade Ngo Dinh Vien - Deputy Secretary of the Party Committee of Nghe An Province's Enterprise Bloc emphasized: Training and updating knowledge for key leaders of enterprises is always a concern of the Party Committee of the Bloc, especially in the context of the current rapid changes in the domestic and international economic and political situation. The topic has delved into analyzing and evaluating the world and regional situation, especially the economic field, directly related to business operations. This is an opportunity to help delegates and students access the content in a systematic, comprehensive and suggestive way for businesses to have important orientations in production and business plans in line with the reality in the last months of 2024 and the coming time.
