Delegates attend the online meeting at the Hung Yen bridge point

The meeting listened to reports on the socio-economic situation in May and the first 5 months of 2023, the implementation of the socio-economic recovery and development program, the allocation and disbursement of public investment capital, the implementation of 3 national target programs, the results of the planning work in accordance with the provisions of the Law on Planning, the summary report on the working results of the Government members to assume the prime responsibility for and urge, work with localities on production, business, public investment, infrastructure construction and import and export.

Generally, in 5 months, the Government and Prime Minister have organized more than 700 meetings, conferences and external activities, issued 25 Decrees, 101 Resolutions, 15 legal decisions, 618 personal decisions, 36 Official telegrams, 17 directives. To focus on directing the implementation of resolutions and conclusions of the Party, Politburo and National Assembly, perfect institutions, administrative reform, improve business investment environment, remove difficulties, and support production, business, enterprises, real estate market, reduce, extend tax payment deadline, land use levy. To urge and speed up the disbursement of public investment capital. In the first months of the year, the macro economy continues to be stable, inflation is under control. The average consumer price index (CPI) in 5 months increased by 3.55% over the same period, continuing the downward trend (in 4 months it increased by 3.84%). The money market is basically stable, lending rates fall. State budget revenue in 5 months reaches 48% of the estimate, of which domestic revenue reaches 48.4% of the estimate.

At the meeting, localities and ministries, agencies, and guests spoke and gave opinions to effectively implement socio-economic development goals in the last months of the year. In which, ministries, agencies and localities, according to their assigned competence, urgently propose competent authorities to remove difficulties and obstacles for production, business, construction investment, import and export. The Ministry of Finance strictly manages revenue sources, thoroughly saves expenses, effectively implements the policy of exemption, reduction and extension of the deadline for tax payment, proposes fiscal policy, reduces taxes and fees, extends the deadline for paying excise tax. The State Bank of Vietnam focuses on operating, continuing to strive to reduce the deposit and lending interest rates, especially the interest rates for existing outstanding loans, increase the ability to absorb capital for the economy. The Ministry of Planning and Investment continues to review and update the growth scenario for the second quarter and the whole year of 2023, researches and proposes solutions to ensure the implementation of the growth target for the whole year. The Ministry of Industry and Trade promotes export in traditional markets, expands and diversifies markets...

Concluding at the meeting, Prime Minister Pham Minh Chinh noted the bright spots in the socio-economic picture of the whole country in the first months of the year, requiring the efforts of ministries, branches and localities in the last month of the year, especially for such important tasks as: Accelerating the disbursement of public investment capital; proposing solutions to improve the efficiency of management and use of the state budget, contributing to reducing the lending interest rate, promoting growth, and removing difficulties for production and business; striving to reduce interest rates on deposits and loans, especially interest rates on existing outstanding loans, and increasing capital absorption for the economy; formulating a resolution on improving the business investment environment, boosting labor productivity, and enhancing national competitiveness; quickly handling investment and construction procedures for real estate projects in the area that have met all conditions for businesses to soon deploy, complete and bring products to the market; monitoring and directing timely and effective response, minimizing damage caused by natural disasters...