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Region needs a new growth model -- Vietnam's deputy prime minister

Trinh Dinh Dzung

TOKYO -- Asian countries need to "transform their development model" to sustain economic growth and continue raising the region's global profile, Vietnamese Deputy Prime Minister Trinh Dinh Dzung said on Monday in Tokyo.

Dzung told the 22nd International Conference on The Future of Asia that there is a "common regional awareness" of the need for that transformation. After two decades of "groundbreaking milestones and social and economic development," he said, governments are quite aware that they now face considerable challenges.

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