PM orders renewing current growth drivers, optimising new ones
Prime Minister Pham Minh Chinh demanded renewing current growth drivers and optimising new ones while chairing the Government’s regular meeting on February 1.
PM Pham Minh Chinh (centre) addresses the Government’s regular meeting on February 1. (Photo: VNA)
Hanoi (VNA) – Prime MinisterPham Minh Chinh demanded renewing current growth drivers and optimising newones while chairing the Government’s regular meeting on February 1.
The meeting reviewed thesocio-economic situation in January, the allocation and disbursement of publicinvestment, and the implementation of the three national target programmes.
PM Chinh noted that a numberimportant economic, political, social, and diplomatic activities along withextraordinary sessions of the Party Central Committee and the National Assembly(NA) took place last month.
Under the leadership of the Party andthanks to support from the NA and the involvement of the entire politicalsystem, people and businesses, the January socio-economic situation continued toenjoy encouraging results, he said, elaborating that the macro-economybasically remained stable; inflation under control; major balances of theeconomy guaranteed; the agricultural, industrial, and service sectors recordingmany rosy signs right since the year’s beginning; while development investmentposting positive results.
Besides, planning and digitaltransformation continued to be enhanced; cultural and social affairs givenmore attention; people’s life quality further improved; and the implementationof the three targeted strategic breakthroughs accelerated. Preparations have been stepped up to ensure a merry Lunar New Year (Tet) festival for people. Meanwhile,the political and social situation has been kept stable, defence and securityfirmly safeguarded, and external relations promoted strongly, he pointed out.
For February and beyond, the PM askedGovernment members to look back on the situation and lessons, particularly in directionissuance, governance, and policy response, to devise measures for renewing the currentgrowth drivers of investment, export and consumption; adding and optimising newimpetuses like digital economy, green economy, circular economy, and innovation;creating jobs for people; addressing production chain disruptions; and furtherengaging domestic businesses in global supply chains.
Inaddition, the Cabinet leader requested promoting the development of culturaland social fields, ensuring security and defence, fostering external relations,and maximising the resources owned by State-owned enterprises. In particular,the immediate task is to ensure a merry, healthy, and economical Tet for all, with no one left behind./.
The Vietnam Report JSC has released a white book on the Vietnamese economy in 2023, highlighting the country’s economic achievements last year and giving forecast for 2024 as well as a number of policy recommendations.
Vietnam’s agricultural sector has set a growth target of 3.2-4 percent for 2024, with total agro-forestry-fishery export turnover of 54-55 billion USD.
Digital applications to visualise material cycles and their roles to boost circular economy in Vietnam were spotlighted at a programme held in Hanoi on January 24.
Vietnam had attracted more than 2.36 billion USD in foreign direct investment (FDI) as of January 20, an increase of 40.2% over the same period in 2023, according to the Foreign Investment Agency under the Ministry of Planning and Investment.
Vietnam's tourism industry stands at the threshold of a remarkable milestone, with experts asserting that an impressive figure of 14-15 million foreign visitors could be achieved this year, provided unexpected issues are kept at bay.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
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Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
The ministry has instructed Vietnamese representative agencies in Israel, Iran, as well as those in neighbouring countries, to closely monitor the situation and request local authorities to ensure absolute safety for Vietnamese citizens living, studying, and working in high-risk areas.
Senior Vietnamese leaders on June 19 sent letters of congratulations to New Zealand leaders on the occasion of the 50th founding anniversary of Vietnam – New Zealand diplomatic relations (June 19, 1975 – 2025).
The Party chief attributed the achievements in the first half to the continuous, direct, and comprehensive leadership of the Politburo and the Secretariat of the Party Central Committee, and the close and effective coordination of relevant ministries, sectors and localities.
General Nguyen Tan Cuong, Chief of the VPA’s General Staff and Deputy Minister of National Defence reaffirmed Vietnam’s unwavering gratitude for Cuba’s invaluable support during its struggle for independence and nation-building efforts, and pledged to stand shoulder-to-shoulder with Cuba as it navigates current challenges.
Vietnam is a country with which Russia shares a special relationship. In the 1950s and 60s, particularly during Vietnam’s struggle for independence, the two countries forged a deep bond. While much has changed over time, the friendship and cooperation between our nations have endured, said Russian President Vladimir Putin.
For 50 years, Vietnam and New Zealand have worked together to uphold peace and prosperity for their peoples and the region. The friendship, cooperation, and mutual understanding Vietnam and New Zealand nurtured have grown from a seed into a deeply rooted, strong, and thriving tree, she stressed.
Since the Strategic Partnership was established in 2020, Vietnam and New Zealand have witnessed steady growth in the relations. Beyond the remarkable 40% increase in bilateral trade over five years, political relations and multilateral interactions, particularly within the CPTPP framework, have remained highly positive.
Known as the “four pillars for Vietnam’s ascend”, the Pobiburo's Resolutions 57, 59, 66, and 68 focus on cultivating a robust national entrepreneurial spirit, unlocking resources for innovation across society, and accelerating the development of digital economy, knowledge-based economy, green economy, and circular economy, propelling Vietnam forward rapidly and firmly on the path of modernisation and international integration.
Minister of Finance Nguyen Van Thang cleared up deputies' concern regarding how to spur socio-economic growth, renew traditional growth motives and establish new momentum for development.
PM Pham Minh Chinh (centre) addresses the Government’s regular meeting on February 1. (Photo: VNA) 
