PM urges resolve in face of challenges to achieve set goals
Prime Minister Pham Minh Chinh highlighted the need for unwavering determination and drastic actions in the face of current difficulties, during the Government’s monthly meeting in Hanoi on May 4.
PM Pham Minh Chinh speaks at the meeting (Photo: VNA)
Hanoi (VNA)🍎 – Prime Minister Pham Minh Chinh highlighted the need for unwavering determination and drastic actions in the face of current difficulties, during the Government’s monthly meeting in Hanoi on May 4.
The leader called for a steadfast pursuit of the goals set, urging relevant authorities to redouble their efforts. Specific tasks were outlined, including thorough preparation for the National Assembly’s upcoming seventh session, with a particular focus on finalising draft laws, resolutions, reports, and proposals.
Economic policies received significant attention during the meeting. The PM advocated for an active and flexible approach to the monetary policy, ensuring its effectiveness in tandem with a reasonably expansive fiscal policy. To increase the State revenue, he called for accelerated digital transformation, including the application of e-invoicing, and the development of robust and safe markets for securities, bonds, real estate, and gold.
At the meeting (Photo: VNA)
He requested continuing to renew traditional growth drivers and step up new ones, and hastening the disbursement of public investment capital, including the three national target programnes, with 32 trillion VND (1.33 billion USD) yet to be allocated.
Decrees and circulars guiding the implementation of the laws on land, credit institutions, and real estate business and housing must be submitted to the legislature soon for realisation from July, he said, adding that administrative procedures must be further simplified to contribute to a more favourable business environment.
The Government leader also gave further directions regarding socio-economic and cultural affairs, firstly making thorough preparations for the upcoming 70th anniversary of the Dien Bien Phu Victory in localities.
Ministries, agencies, and localities were assigned to continue with their fight against corruption and other negative practices, rearrange administrative units, and develop cultural industry.
The meeting provided a positive outlook on Vietnam's economic performance in the first four months of this year. The State budget revenue reached 43.1% of the yearly projection, reflecting a 10.1% year-on-year increase; and the total export-import turnover hit 238.88 billion USD, up 15.2% year on year, with a trade surplus of 8.4 billion USD. Meanwhile, the disbursement of public investment capital improved, reaching 17.46% of the plan assigned by the Prime Minister, which was 1.81% higher than the same period last year.
The total registered foreign direct investment neared 9.3 billion USD, marking a 4.5% rise, of which 6.3 billion USD was disbursed, up 7.4%. Major global technology companies are seeking large-scale investment opportunities in Vietnam's electronics, semiconductor, and renewable energy sectors.
Growth in industrial production was also observed across 54 out of the 63 localities, with a year-on-year increase of 6%. The number of foreign arrivals in Vietnam reached 6.2 million, representing a 68.3% increase compared to the same period in 2023 and a 3.9% rise from 2019.
Several international organisations offered optimistic outlook for Vietnam’s economic growth this year. Among them, the Asian Development Bank (ADB) predicted a growth rate of 6% while HSBC and Standard Chartered Bank forecast growth of 6.3% and 6.7%, respectively. Vietnam's business environment ranking improved by 12 places, and the Global Innovation Index ranked Vietnam 46th out of the 132 countries, up 2 spots./.
Vietnam saw a continuous recovery trend and positive socio-economic results across all fields in February and the first two months of this year, heard the Government regular meeting held in Hanoi on March 2 under the chair of Prime Minister Pham Minh Chinh.
Prime Minister Pham Minh Chinh chaired a thematic Government session on law-building in Hanoi on November 17 to discuss three draft law proposals concerning goods quality, water supply and drainage, and electricity (revised).
Prime Minister Pham Minh Chinh on April 10 chaired a Government’s law-building meeting focusing on the collection of public opinions on the draft Land Law (revised) to submit to the National Assembly (NA), and the absorption of the NA Standing Committee’s ideas on the draft Housing Law (revised).
Vietnam is deeply concerned about the escalating and complex conflict in the Middle East, which poses a serious threat to the lives and safety of civilians, as well as to regional and global peace and stability.
The Vietnamese Embassy advises the Vietnamese community living, studying, and working in Israel to strictly comply with directions from the Home Front Command and local authorities.
Lawmakers are set to vote on revisions and amendments to a broad spectrum of legal frameworks and impactful resolutions during the final week of the 15th NA's 9th session.
The State Committee for Overseas Vietnamese Affairs (SCOVA) has served as a bridge connecting and uniting the community with the homeland, becoming a trusted source of support for Vietnamese expats in times of hardship.
The programme to eliminate temporary and dilapidated houses has achieved notable results, with nearly 263,000 housing units addressed to date, including 225,000 houses inaugurated and 38,000 under construction. Thirty-eight provinces and cities across the nation have already fulfilled their targets.
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.
