Government meeting looks into socio-economic situation in eight months
Vietnam’s major economic balances were maintained in the first eight months of this year despite a slew of difficulties, Prime Minister Pham Minh Chinh told a Government meeting that opened in Hanoi on September 6.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)
Hanoi (VNA) – Vietnam’s major economicbalances were maintained in the first eight months of this year despite a slewof difficulties, Prime Minister Pham Minh Chinh told a Government meeting thatopened in Hanoi on September 6.
The leader said the macro economy remained stable,inflation was controlled and economic growth spurred. He also highlightedthe country’s achievements in improving people’s living standards and strengthening externalaffairs, among others.
Chinh, however, pointed out the sluggish disbursementof public investments, along with problems in the procurement of drug andmedical equipment, and limitations in the planning work and social affairs.
He asked the participants to look into the reasonsbehind the phenomena, and propose suitable, feasible solutions to complete socio-economictasks in the time ahead.
The Government’s regular meeting is scheduled toreview the country’s socio-economic situation in August and the first eightmonths of the year, as well as the implementation of the socio-economic recovery and developmentprogramme and the national target programmes.
It will also scrutinise socio-economicdevelopment and public investment plans for 2022 and 2023./.
Ho Chi Minh City’s economy has maintained its recovery pace, as seen in the increasing numbers of both new businesses and those that have restored their operations, as well as the rise in foreign investments, the city officials reported at a press conference on August 30.
The south central coastal province of Binh Thuan should make the most of its outstanding potential and competitive advantages by developing sea-based economy and tourism, Prime Minister Pham Minh Chinh told provincial leaders at their meeting on August 31.
The encouraging economic expansion seen at present is due to the expansionary fiscal policy via the 2022 Budget, a monetary policy that has remained accommodative, as well as the full reopening of the economy and national borders, said Malaysian Prime Minister Ismail Sabri Yaakob on August 30.
The resolution on such mechanisms aims to serve as a legal basis for opportunely dealing with difficulties and hindrances caused by legal regulations in important, priority, and urgent areas that require immediate settlement so as to unlock resources, facilitate economic development, and turn legislation into a competitive edge.
PM Pham Minh Chinh instructed chairpersons of the People’s Committees of provinces and centrally-run cities to strictly follow the Ministry of Finance's guidelines on handling public finances and budgets, with a focus on preventing wastefulness, misconduct, or corruption.
Knapper reaffirmed the US's commitment to supporting a strong, independent, prosperous and resilient Vietnam, while respecting each other’s territorial integrity, sovereignty, independence and political systems.
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.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA) 
