Gov’t leader urges reforms to keep up with global development pace
Amid the complex world situation, Vietnam needs to push ahead with reforming policies and regulations to keep up with the development pace of the global economy, said Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc speaks at the Government’s meeting on May 3 (Photo: VNA)
Hanoi (VNA) – Amid the complex world situation,Vietnam needs to push ahead with reforming policies and regulations to keep upwith the development pace of the global economy, said Prime Minister NguyenXuan Phuc.
At the Government’s monthly meeting on May 3,the Cabinet leader said although the domestic investment and business climatehas been improved as assessed by international organisations and investors,there remain certain shortcomings such as low labour productivity, modestreadiness for Industry 4.0, and limited technology, governance capacity,vocational skills and innovation awareness.
While some officials, public employees and civilservants haven’t been drastic enough in their work, resources remains limitedand existing policies haven’t truly created conditions for development.
He asked each Cabinet member to be well aware oftheir responsibilities to stand ready to respond to new problems and fast changesof the domestic and international situation in order to create momentum forsustainable development.
He told them to swiftly address problems arisingand lingering shortcomings, particularly in food safety, culture, smuggling,trade fraud and deforestation.
The PM stressed the tasks of ensuringmacro-economic stability, controlling inflation, and promoting growth so as toachieve an economic growth rate of at least 6.7 percent and inflation of nothigher than 4 percent this year.
Regarding export promotion measures, herequested the Ministry of Industry and Trade, relevant ministries and sectors,and localities to step up trade promotion and remedies, seek new markets, andimprove domestic production capacity.
Aside from stronger economic restructuring andgrowth model reform, it is necessary to boost building new-style rural areasnationwide, speed up divestment of State capital from and equitisation ofState-owned enterprises, and facilitate the private sector’s participation inthis process.
PM Phuc also ordered a Government decree on thecommittee for managing State capital at enterprises be finalised as soon aspossible so that this committee can be operational soon, thus fosteringdivestment and equitisation and enhancing the management of State capital.-VNA
Leaders of Ho Chi Minh City recently held a meeting with foreign-invested (FDI) businesses, calling on them to work side by side with the southern metropolis of Vietnam toward the goal of fast and sustainable development.
Prime Minister Nguyen Xuan Phuc has requested resolutely no delay in law building in preparation for the upcoming fifth session of the National Assembly (NA) scheduled for mid-May.
The Ministry of Finance will rearrange tax departments at district level to trim down at least 50 percent of the current tax agencies as of 2020 under its freshly issued Decision 520/QD-BTC.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
Prime Minister Nguyen Xuan Phuc speaks at the Government’s meeting on May 3 (Photo: VNA) 
