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     COVER STORY
                                                n order to support the recovery of the
                                                tourism industry, the Ministry of Cul-
                                             I ture, Sports, and Tourism is focusing
                                             on a group of solutions, such as strength-
                                             ening communications activities and infor-
                                             mation technology application in tourism,
                                             accelerating the process of digital trans-
                                             formation, helping businesses speed up
                                             the  recovery  process,  and  restructuring
                                             tourism  businesses,  etc.  Many  tourism
                                             products  will  be  diversified  in  order  to
                                             meet new market trends. Another impor-
                                             tant group of solutions is support for the
                                             restructuring  of  the  tourism  industry.
                                             Human resources will play an important
                                             role  in  the  short-term  recovery  and  in
                                             improving long-term competitiveness, so  MR. PHAM VAN THUY,
                                             Vietnam should invest more in training  Deputy Director-General of the Vietnam National
                                             staff at hotels and travel agents and also  Administration of Tourism
                                             tour guides, and give priority to developing
                                             the  scale  of  the  tourism  industry  and  recovery  and  tourism  staff,  and  adopt
                                             regaining  its  growth  momentum.  It  is  new  mechanisms  and  policies  towards
         MS. NGUYEN CAM TRANG,               important to continue to support business  assisting the tourism industry. %
         Deputy Director of the Import-Export Department
         at the Ministry of Industry and Trade
                                             2022 will be an important milestone, as  create  a  foundation  for  socio-economic
               ietnam has made great efforts to  Vietnam must not only overcome short-  development  in  the  medium  and  long
              integrate into the global economic  term difficulties and challenges but also  terms in order to achieve the goals in the
        V flow. This can be seen in the fact                                   Resolution from the 12th Party Congress
        that trade turnover is still growing despite                           regarding the socio-economic development
        the  difficulties  posed  by  Covid-19.  The                           strategy in the 2021-2030 period and the
        Ministry  of  Industry  and  Trade  (MoIT)                             socio-economic development strategy in
        aims to maximize the effectiveness of the                              2021-2025 period. The recent extra-ordi-
        recovery  program.  Businesses,  however,                              nary session of the 15th National Assembly
        also need to make good use of agreements.                              passed  a  resolution  on  supporting  eco-
        They need to be proactive in all respects,                             nomic recovery and development costing
        such  as  market  demand  and  customers,                              nearly  VND350  trillion  ($15.3  billion),
        in order to meet higher standards. Coor-                               which  will  not  only  set  a  goal  of  GDP
        dination between the MoIT and the Min-                                 growth reaching 6.5-7 per cent per year
        istry of Agriculture and Rural Development                             in the 2021-2025 period but also production
        in agricultural production is really impor-                            and  business  activities  being  quickly
        tant in order to ease the recent congestion                            restored and a number of important fields
        of agricultural products and meet market                               being developed and prioritized. The most
        needs. Moreover, Vietnam must improve                                  important matter is a specific action plan
        the  quality  of  its  agricultural  products  MR. NGUYEN HONG SON,      to effectively reach the goals, strengthen
        because China is raising its requirements  Deputy Head of the Party Central Committee’s  governance, and ensure transparency to
                                              Economic Commission
        in terms of quality and origin. %                                      avoid policy profiteering. %
                                                    ith this economic recovery sup-  business restructuring through adaptation
                                                    port package, our expectation is  and  initiatives.  The  restructuring  of  the
                                           W not only that it will directly sup-  economy must be adaptive and proactive.
                                           port the aviation sector but will also create  For example, amid Covid-19, Vietnam Air-
                                           markets and promote development in other  lines  modified  its  passenger  aircraft  into
                                           industries. Supporting the economy and all  cargo aircraft, so cargo revenue rose 17 per
                                           industries  is  about  enabling  our  recovery  cent despite the number of flights falling. It
                                           and growth. I also believe there are oppor-  opened  22  new  domestic  routes  and
                                           tunities relating to infrastructure, because  expanded other business activities, such as
                                           this is very important for the aviation sector.  opening two more e-commerce platforms
                                           Activities in the aviation sector need to be  related to selling tours. We also issued shares,
         MR. NGUYEN QUANG TRUNG,           prioritized  around  reopening,  which  will  sold old aircraft, and restructured investment
         Head of the Development and Planning   create  conditions  for  other  industries  to  portfolios  and  land  funds  to  create  new
         Department at Vietnam Airlines    recover. Vietnam Airlines will set goals in  capital sources amid the pandemic.  %
        www.en.vneconomy.vn                                                 FEBRUARY 2022 | VIETNAM ECONOMIC TIMES | 17
     	
