Cabinet meeting discusses five-month socio-economic development

Update: 14:24 | 05/06/2022

The Government convened its monthly meeting on June 4, discussing the socio-economic situation in May and the first five months of 2022 and reviewed the implementation of the government’s socio-economic recovery and development programme and the allocation and disbursement of the State budget this year.

Speaking at the meeting, Prime Minister Pham Minh Chinh pointed out limitations and challenges facing the Government, ministries and local administrations in the coming time and potential solutions for them.

Cabinet meeting, five-month socio-economic development, recovery and development,   allocation and disbursement

Prime Minister Pham Minh Chinh speaks at the meeting.

He urged ministries, sectors and local administrations to keep a close watch on the Covid-19 situation, global strategic competition, prices of fuel and inputs, inflation risks and the development of the global and regional economies to come up with effective responses.

The PM requested them to further accelerate Covid-19 vaccine rollout, provide instructions for virus control in the new context and remove legal and policy barriers to planning, public investment, socio-economic recovery and national target programmes.

He also asked for the stablisation of macro-economy; effective control of inflation; transparency of the security, bond and real estate markets; acceleration of green growth, energy transition, and digital transformation; and restructuring of the monetary market, among others.

Greater attention must be paid to the disbursement of public investment as it is the key task of ministries, sectors and local administrations in the coming time, the leader said.

The PM ordered the Ministry of Education and Training to address concerns over new textbooks, saying the ministry must consider factors like feasibility, convenience and cost-efficiency to bring benefits to people and the society.

Reports showed that despite the global uncertainties caused by the Russia - Ukraine conflict, rising costs and potential risks of security and food crisis, Vietnam saw progress in socio-economic development in May and the first five months of this year.

The five-month CPI rose by 2.25 percent year on year. State budget revenue expanded 18.7 percent compared to the same period last year and made up 57.1 percent of the estimate.

The country’s import-export turnover surged 15.6 percent year-on-year. Industrial Production Index (IIP) edged up 8.3 percent, with manufacturing picking up 9.2 percent.

According to Nikkei Asia, Vietnam jumped 48 places to 14th in the Covid-19 Recovery Index for May.

With more than 80 percent of the population fully vaccinated and 60 percent got booster doses, Vietnam received a score of 27 out of a possible 30 for inoculations, Nikkaei said.

It also said Vietnam is also the first country in Southeast Asia to exempt foreign travelers from all testing, vaccination and quarantine requirements.

Bac Giang accelerates industrial development
(BGO) – Tapping the available potentials and advantages, well implementing solutions to improve the business and investment environment, Bac Giang province is now attractive destination for many foreign investors. Besides expanded enterprises, several big investors select Bac Giang to execute new projects and open new prosperity for the province to boost up industrial development.
 
Due attention paid to promoting tourism development and SEA Games 31
(BGO) - The Department of Culture, Sports and Tourism (DCST) has issued document to request departments, localities, business, accommodation facilities, tourism site and complexes in Bac Giang province to enhance communication and promotion of tourism development and the 31st Southeast Asian Games (SEA Games 31).
 
Dutch businesses wish to cooperate in wind power development in Bac Giang
(BGO) - On the morning of April 21, Vice Chairman of the Bac Giang provincial People's Committee Phan The Tuan had a working session with a delegation from the Dutch Embassy in Vietnam and Pondera Company (Netherlands) to discuss cooperation in the development of clean and renewable energy in the province.
 
PPC Chairman Le Anh Duong informs business leaders about provincial development planning
(BGO)- On April 19 morning, the Standing Committee of the provincial Enterprises’ Party Committee organized a symposium for the key leaders in second quarter 2022. Le Anh Duong, Deputy Secretary of the provincial Party Committee, Chairman of the provincial People’s Committee (PPC) attended and delivered some contents at the event.
 
Bac Giang and Binh Phuoc exchange experiences on industrial and human resource development
(BGO) – On April 15, the working delegation from the People’s Committee (PPC) in Binh Phuoc province led by PPC Vice Chairman Huynh Anh Minh visited Bac Giang province and discussed the experiences on realizing Development Project in several fields of industry, human resources, social and worker housing construction. Bac Giang PPC Vice Chairman Phan The Tuan received the delegates.
 

Source: NDO/VNA

 
Bình luận mới vừa được thêm vào. Click để xem
Mới nhấtHay nhấtXếp theo: