Focusing on export, investment, consumption to boost growth: PM
Prime Minister Pham Minh Chinh on June 3 asked ministries, agencies and localities to push the three engines of export, investment and consumption in order to spur the country's economic growth in the time ahead.
PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham Minh Chinhon June 3 asked ministries, agencies and localities to push the three enginesof export, investment and consumption in order to spur the country's economic growth in the time ahead.
Speaking at an online regular meeting between theGovernment and localities, the leader stressed the need to remove obstacles toproduction and business, and help enterprises in administrative procedures,interest rates and market expansion.
He also urged localities to accelerate the disbursement of publicinvestment capital and the implementation of the socio-economic recovery anddevelopment programme as well as national target programmes, and focus on siteclearance and material preparations for key projects.
Apart from promoting domestic consumption, it is necessaryto expand export markets, the PM said, highlighting other tasks such as effectivelyoptimising free trade agreements, materialising the National Power DevelopmentPlan VIII which has been approved recently, ensuring food for domesticconsumption and exports, having the European Commission (EC)'s “yellow card”warning against Vietnam's seafood exports lifted, and dealing with the shortageof medicines, vaccines and medical equipment, among others.
At the meeting (Photo: VNA)
The move is to maintain the macro-economic stability,control inflation, boost growth and ensure major economic balances, PM Chinhemphasised.
According to the leader, over the past five months,thanks to joint efforts by the Government, ministries, agencies and localities, progresshas been made in production, business, export, foreign direct investment (FDI)attraction and the real estate market.
The socio-cultural and sport fields have also recorded development,he continued, adding that people’s lives have remained stable, social order andsafety and national defence and security have been ensured, and externalaffairs and international integration have been stepped up.
The participating Deputy PMs, and representatives ofministries, agencies and localities shared the view on the drastic, closeinstruction and the flexible, effective management of the Government and the PMover the past time, leading to positive changes in the socio-economic situationdespite a range of difficulties and challenges.
They also pointed to the huge growth pressure in theremaining months of this year, saying the growth rate must be higher than thatrecorded in the previous period.
To that end, they raised proposals regarding theimplementation of big investment and construction projects, credit and taxpolicies, work permit and visa, and wage, among others./.
The Ministry of Labour, Invalids and Social Affairs (MoLISA) has submitted to the Government a plan in which it proposes a 20.8% increase of pensions and social insurance benefits and monthly allowances for those with no salary increase from January 1, 2022.
A seminar on data connecting and sharing serving digital government and governance took place in Hanoi on May 25 as part of the Vietnam - Asia DX Summit 2023.
The State Treasury raised 162,952 billion VND (nearly 6.94 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) in the first five months of 2023, up 188.4% year-on-year.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
PM Pham Minh Chinh speaks at the meeting. (Photo: VNA) 
At the meeting (Photo: VNA) 
