Gov’t identifies three focal tasks to fuel economic development
The Government has identified three focal tasks for economic development in 2022, noting that it will capitalise on every opportunity to promote socio-economic recovery and development nationwide, maintain long-term growth momentum, and make use of new and sustainable drivers.
Workers produce footwear for export to the EU at a factory of the Ha Tay Chemical Weave Co. Ltd in Hanoi's Dan Phuong district (Photo: VNA)
Hanoi (VNA) – The Governmenthas identified three focal tasks for economic development in 2022, noting thatit will capitalise on every opportunity to promote socio-economic recovery anddevelopment nationwide, maintain long-term growth momentum, and make use of newand sustainable drivers.
At a teleconference betweenthe Government and localities on January 5, Deputy Prime Minister Le Minh Khai,on behalf of the Cabinet, presented its draft resolution on the key tasks andsolutions for implementing the socio-economic development and State budgetplans in 2022.
Among the three main tasks,the first is to revive and promote production and business activities, step upexport, accelerate public investment disbursement, and encourage public -private partnership for developing infrastructure, especially strategicinfrastructure facilities.
The second is to persistentlymaintain macro-economic stability, control inflation, and improve the economy’sself-reliance, resilience, and adaptability.
The third is to boostsubstantive and effective economic restructuring; develop e-commerce, thedigital economy, and new business models applying information and digitaltechnology; and deal with outstanding problems that have lasted for years, accordingto Khai.
He noted that to do so, theGovernment has devised several measures, including drastically and concurrentlyimplementing the overall programme on COVID-19 prevention and control and the oneon socio-economic recovery and development in order to achieve a GDP growthrate of 6 - 6.5 percent.
It will also proactively,flexibly, and uniformly use monetary, fiscal, and other macro-economic policiesto sustain macro-economic stability, control inflation, and guarantee major balancesof the economy. Besides, it will stimulate domestic consumption, sustainablydevelop export and import, effectively mobilise resources for socio-economicrecovery and development, and make use of public investment to attractnon-State resources./.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Workers produce footwear for export to the EU at a factory of the Ha Tay Chemical Weave Co. Ltd in Hanoi's Dan Phuong district (Photo: VNA) 
