Chairing the Government's monthly teleconference with localities on February 2, PM Pham Minh Chinh requested keeping a close watch on the domestic and foreign market situation. He asked for extensive monitoring of product price and inflation to enable a quick response to the current situation. He also requested timely forecasts and risk warnings while adopting a sound, flexible and effective monetary policy in close and synchronous combination with monetary, fiscal and other policies.
The PM also requested that associated ministries ensure the liquidity and safety of credit organizations, gearing credit into production and trade, priority areas and growth pillars. Another important topic is stepping up cashless payment, while tackling difficulties for real estate market, prioritizing capital for transparent and effective enterprises, and enhancing social investment attraction and public-private partnership.
Localities need to take initiative for the disbursement of public investment capital and national target programs, he reminded.
Ministries, agencies and localities were also urged to effectively tap domestic markets, with a focus on the campaign "Vietnamese prioritize using Vietnamese goods." He also requested the Cabinet and localities to expand export markets and effectively optimize free trade agreements, especially new-generation deals.
They were also assigned to carry out projects on schedule and with quality to report to the Politburo, the Party Central Committee's Secretariat and the National Assembly; and effectively follow the Party’s guidelines and the resolutions of the Party Central Committee, the Politburo, the Secretariat, the N.A. and Government within their assigned roles and authority.
In January, key economic sectors such as industry, agriculture and tourism thrived. However, difficulties and challenges are increasing both inside and outside the economy. According to the global economic outlook report released in January, the World Bank (WB) forecast that Vietnam’s 2023 economic growth will hit 6.3%, or 0.2% lower than the previous prediction, but still the second highest in the Asia-Pacific.
Social welfare in Vietnam is guaranteed, with around 9.5 trillion VND (413 million USD) spent to benefit 25 million people.
- Former top diplomat Fumio Kishida elected Japan's prime minister
- Ethiopian parliament confirms Abiy Ahmed as prime minister
- What to expect from Japan's new prime minister
- Party Insiders Put Yoshihide Suga on Brink of Being Japan’s Prime Minister
- Moldova's new prime minister discusses the country's "renewed energy"
- Portugal Prime Minister Is Re-Elected as Socialists Solidify Position
- The lowdown on Fumio Kishida, Japan's next prime minister
- Prime Minister highlights Government - VFF cooperation
- Prime Minister offers congratulations on Vietnam Entrepreneurs’ Day
- Global central bankers spooked by signs of inflation lingering for longer
- Fifteen targets on economic restructuring in 2016-2020 fulfilled
- Pandemic under control yet more to be done to ensure people's welfare: PM
- PM wants to begin economic recovery plan this month
- High credit growth shows signs of Hanoi economic recovery
- Rosier economic picture expected for final quarter
- New Peru PM says redrafting constitution is not a priority
- Control over travelling in southern localities maintained after social distancing eased
- Analysis: Energy costs add to emerging central banks' inflation headache
- STEPHEN GLOVER: Funny. Rousing. And irresistible optimism... but it's Boris's grasp of economics that worries me
- Shortages, inflation and slow growth fog UK economy
Macro-economic stability, inflation control continue to be priority: Prime Minister have 505 words, post on en.qdnd.vn at February 3, 2023. This is cached page on Talk Vietnam. If you want remove this page, please contact us.