The National Assembly (NA) on November 12 adopted a resolution on the socio-economic development plan for 2025, targeting a gross domestic product (GDP) growth rate of 6.5 - 7%.

Prime Minister Pham Minh Chinh on August 5 demanded all-level authorities, sectors, and localities take timely, flexible, and efficient moves to achieve better and more inclusive socio-economic development in 2024 compared to last year.

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to implement key tasks and solutions to boost growth, curb inflation, and stabilise macro-economy in July and the third quarter of 2024.

The better-than-expected growth and a big trade surplus were among the results recorded during the first half of 2024, heard the Government’s regular press meeting held in Hanoi on July 6.

People and businesses are looking forward to the Government's proposal on extending VAT reduction in the last six months being considered and approved by the National Assembly.

The State Bank of Vietnam (SBV) on April 23 took some moves like issuing treasury bills (T-bills), further employing T-bills as an open market operation (OMO), and stipulating liquidity and interest rates in the inter-bank market in the face of surging USD/VND exchange rates.

Prime Minister Pham Minh Chinh on April 3 demanded ministries, sectors, and localities resolutely not surrender to difficulties but keep persistence in the set targets.

Prime Minister Pham Minh Chinh on March 14 chaired a conference launching this year’s monetary policy-related tasks to tackle production and business obstacles, facilitate growth, and maintain macro-economic stability.

Prime Minister Pham Minh Chinh attended a meeting with representatives of donors and foreign-invested enterprises in Vietnam on January 26 on the occasion of the upcoming Lunar New Year festival.

Vietnam will implement measures concertedly and drastically to promote thrift practice and wastefulness prevention this year, under a recently-issued government master programme.

Vietnam’s economic growth is expected to be more positive in 2024, as the most difficult period on the journey to recovery from the COVID-19 pandemic is over, and Vietnam enjoys basic advantages from macro-economic stability.

Prime Minister Pham Minh Chinh on January 5 outlined tasks for all-level authorities, sectors, and localities to fulfill in 2024, which he called a year for making breakthroughs that holds special significance to the successful implementation of the five-year plan 2021 - 2025.

Amid global uncertainties, the continued maintenance of macro-economic stability will form an important foundation for Vietnam to achieve next year’s growth target, said General Director of the General Statistics Office (GSO) Nguyen Thi Huong.

The National Assembly (NA) on November 10 adopted a resolution on the state budget estimates for 2024, which targets next year’s state budget collection at over 1.7 quadrillion VND (nearly 69.8 billion USD).

On the basis of the nine-month results, Vietnam may achieve at least 10 of the 15 targets set for this year, including all the social targets, Prime Minister Pham Minh Chinh said on October 23.

As the governance of the monetary policy has to concurrently guarantee multiple targets, including reducing interest rates, expanding credit, stabilising foreign exchange rates, and ensuring credit institutions’ safety, thorough consideration is needed before any steps are taken, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Prime Minister Pham Minh Chinh has required utmost efforts to fulfil to the highest possible level the targets and tasks for 2023 while chairing the regular Government meeting for September and an online meeting between the Cabinet and localities on September 30.

Prime Minister Pham Minh Chinh has demanded ministries, sectors, and localities resolutely not step back in the face of difficulties while chairing the Government’s regular meeting for August in Hanoi on September 9.

With various drastic and flexible measures taken to boost production, business and investment activities and carry out assigned political tasks, 19 groups and corporations under the Commission for the Management of State Capital at Enterprises (CMSC) have posted significant growth, contributing to maintaining macro-economic stability, a CMSC representative has said.

Party General Secretary Nguyen Phu Trong chaired a meeting of the Politburo and the Party Central Committee’s Secretariat in Hanoi on July 21 to discuss the socio-economic situation in the first half of 2023 and outline tasks for the remaining months.