In his opening remarks, PM Chinh stressed that 2023 is the pivotal year to implement the five-year plan in the 2021-2025 period. In the first two months, the regional and world situation continued to witness complicated and unpredictable developments, affecting various aspects of the domestic situation, especially in the country's economic development, he said.

PM Pham Minh Chinh chairs Government’s February regular meeting.

He requested Government members to carefully analyse the situation in the region and the world and the impacts on the domestic situation; make forecasts for March and the coming time; and discuss advantages and opportunities, as well as difficulties and challenges to have appropriate solutions.

At this meeting, the Government is scheduled to assess the socio-economic situation, the implementation of the programme on socio-economic recovery and development, the allocation and disbursement of public investment, the implementation of three national target programmes in February and the first two months of 2023; while discussing measures to improve the business and investment environment, as well as tasks and solutions to develop the domestic market and promote exports in the coming time.

A report presented by the Ministry of Planning and Investment showed that in the first two months of this year, the consumer price index (CPI) increased by 4.6% year-on-year; the State budget's revenue was estimated to reach 22.4% of the estimate, up 10.6% year-on-year; newly-registered foreign direct investment (FDI) hit 1.76 billion USD, a 2.8-fold rise compared to the same period last year; and trade surplus was estimated at 2.82 billion USD.

Government mulls 250 kph transnational railway

The Ministries of Planning and Investment and Transport will study the possibility of building high-speed rail across Vietnam to transport both passengers and cargo.

 

Government will supply sufficient fuel for economy

Amid complaints from many lawmakers on the unstable fuel market, the government has promised to provide sufficient fuel for its economy to ensure smooth performance of businesses and the local market.

 

Vietnam’s economy projected to grow 8% in 2022: Government report

The Vietnamese economy is forecast to expand by 8% in 2022, surpassing the target of 6-6.5%, according to a report prepared by the Government and discussed by the National Assembly Standing Committee on October 11.

 

Government revenue collected by customs reaches 329 trillion VND

Vietnam’s government revenue from export-import activities in the first nine months of 2022 was estimated at nearly 329 trillion VND (13.78 billion USD), according to the General Department of Customs (GDC).

 

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.

 

Source: VNA