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Viet Nam among world's most successful economies in past two decades: Harvard Kennedy School professor

VGP - Viet Nam is among the world's most successful economies in the past two decades, noted Jason Furman, Professor at Harvard Kennedy School.

April 02, 2024 12:57 PM GMT+7
Viet Nam among world's most successful economies in past two decades: Harvard Kennedy School professor- Ảnh 1.

Deputy Prime Minister Le Minh Khai attends the Viet Nam Executive Leadership Program (VELP) 2024 at Harvard Kennedy School, the U.S., April 1, 2024 - Photo: VGP

Jason Furman, who was also the top economic adviser to President Obama and former Chairman of the Council of Economic Advisers, made that statement while attending a seminar on crisis and global economic growth prospects to 2030 and impact on emerging economies.

The event took place at Harvard Kennedy School on April 1 as part of Deputy Prime Minister Le Minh Khai's working visit to the U.S. from March 30 to April 8 to attend the Viet Nam Executive Leadership Program (VELP) 2024.

Jason Furman noted Viet Nam has controlled inflation very well, adding that the nation has taken advantage of opportunities and benefited a lot from globalization. U.S. consumers are also happier when buying products from Viet Nam.

Being highly optimistic about Viet Nam's economic growth, the professor hailed Viet Nam's endeavor to deploy measures to develop artificial intelligence, which is of significance.

He suggested the nation invest in newly-emerging technology and pervasive fields and take measures to advance the development of the private sector.

Meanwhile, Professor Thomas Vallely, Chairman of Fulbright University Viet Nam's Governing Board and Director of the Viet Nam Program at Harvard University, said Viet Nam is a success story thanks to its open door policy.

Professor Anthony Saich at Harvard University stated that Viet Nam is very good at maintaining global alignment balance, referring to challenges and solutions for Viet Nam amidst the complex world.

Deputy Prime Minister Le Minh Khai expressed thanks to professors' in-depth analysis in issues of interest rates, inflation, monetary policy; non-traditional security challenges, and geopolitics, as well as their suggestions for Viet Nam to design appropriate response policies.

Viet Nam's economy has been in transition, noted the Vietnamese leader, hoping that professors at Harvard Kennedy School would continue policy recommendations for Viet Nam in the upcoming time./.