Vietnam emphasizes the mobilization, use and management of finance for sustainable development

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The Vietnamese delegation attended and delivered a speech at the 2024 Annual Forum on Finance for Development under the chairmanship of the President of the United Nations Economic and Social Council (ECOSOC).

Ambassador Nguyen Hoang Nguyen, Charge d’Affaires of the Permanent Mission of Vietnam to the United Nations, spoke at the forum. (Photo: Thanh Tuan/TTXVN)

From April 22-25, at the United Nations headquarters in New York City (USA), the Annual Forum on Finance for Development 2024 took place under the chairmanship of the President of the Economic and Social Council. United Nations Association (ECOSOC).

According to a Vietnam News Agency correspondent in New York, the main topic of this year’s Forum is finding solutions to mobilize finance to implement the Sustainable Development Goals (SDG) and prepare for the 4th Summit on Sustainable Development Goals (SDG). Financing for development 2025 in Spain.

With that important significance, the Forum has attracted the attention and participation of United Nations Secretary General Antonio Guterres, President of the United Nations General Assembly Dennis Francis, leaders of a number of international organizations such as the United Nations Foundation. International Monetary Fund (IMF), World Trade Organization (WTO), Organization for Economic Cooperation and Development (OECD) … and many ministers, senior officials and representatives of member countries.

Speaking on behalf of the Vietnamese delegation at the Forum, Ambassador Nguyen Hoang Nguyen, Charge d’Affaires of the Permanent Mission of Vietnam to the United Nations, emphasized the importance of North-South cooperation, South-South cooperation, trilateral and quadrilateral cooperation models to share experience, technology and capital for Southern countries to implement the 2030 Agenda for sustainable development.

The representative of Vietnam called on developed countries to fully implement their commitment to spend 0.7% of their Gross National Income (GNI) on ODA capital and contribute 100 billion USD each year to help developing countries cope. with climate change; affirming that state capital and private resources together play an important role in meeting financial needs for development and implementation of the SDGs.

Agreeing with the assessments of the Vietnamese delegation, delegates attending the Forum commented that 2024 is a very important time to strongly deploy measures towards completing the SDGs by 2030.

After 4 days of heated discussion, countries agreed to approve the Forum’s outcome document, which affirmed their commitment to continue efforts to mobilize financial resources for development, encourage and promote participation. of the private sector, strengthening international cooperation in the field of tax, debt management and taking advantage of scientific, technological and innovation achievements to serve sustainable development.

Vietnam has published the Voluntary National Review Report (VNR) in 2023 and is implementing the National Strategy on Climate Change until 2030, thereby affirming its efforts and determination to mobilize and use and financial management for sustainable development.

In 2025, Vietnam will host the 4th Partnership for Green Growth and Global Goals 2030 (P4G) Summit to promote global efforts on green transformation and sustainable development. /.


The bright spot recognized in the overall “picture” of the audit of the 2021 financial statements and activities related to the management and use of state capital is that 19/20 corporations and corporations are profitable in production and business.

The article is in Vietnamese

Vietnam

Tags: Vietnam emphasizes mobilization management finance sustainable development

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