Vietnam has called upon the Organisation for Economic Cooperation and Development (OECD) to provide more policy recommendations in various critical areas. Bui Thanh Son, the Minister of Foreign Affairs, emphasized the need for the OECD to advise Vietnam on matters including global minimum tax, carbon emission reduction, environmental protection, high technology, semiconductor manufacturing, digital transformation, and artificial intelligence (AI).
Minister Bui Thanh Son’s suggestion comes at a time when Vietnam is seeking expert guidance to navigate the complexities of global tax and environmental policies. By seeking the support of the OECD, Vietnam hopes to receive valuable insights and recommendations that can contribute to the country’s sustainable development and economic growth.
The global minimum tax has gained significant attention in recent years as countries aim to establish a more equitable and standardized taxation system. By seeking advice on this matter, Vietnam shows its commitment to international cooperation while striving for a fair and balanced taxation framework.
In addition to tax policies, Vietnam is also focusing on environmental issues such as carbon emission reduction and environmental protection. These areas are crucial for the country’s sustainable development aspirations and align with global efforts to combat climate change. Through the guidance of the OECD, Vietnam aims to adopt effective strategies and policies that ensure environmental preservation while promoting economic growth.
Vietnam’s interest in high technology, semiconductor manufacturing, digital transformation, and AI further demonstrates the nation’s determination to embrace innovation and technological advancements. By seeking policy recommendations in these fields, Vietnam hopes to leverage cutting-edge technologies to drive economic progress, enhance productivity, and improve the overall quality of life for its citizens.
The call for the OECD’s advice showcases Vietnam’s openness to collaboration and its recognition of the organization’s expertise in various domains. By engaging with the OECD, Vietnam can tap into a global network of knowledge and best practices while ensuring that its policies align with international standards.
As Vietnam continues to emerge as a key player in the global economy, seeking guidance from renowned organizations such as the OECD is a testament to the country’s commitment to progress and inclusivity. By prioritizing areas such as global minimum tax, carbon emission reduction, environmental protection, high technology, semiconductor manufacturing, digital transformation, and AI, Vietnam is poised to shape its future by harnessing the power of knowledge, innovation, and sustainable practices.