Despite many difficulties, Vietnam has managed to keep the overall situation under good control with stable macro-economy and ensured major balances, including a trade surplus of over 10 billion USD, stated Prime Minister Pham Minh Chinh while chairing a regular government meeting on December 1.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)
Hanoi (VNA) – Despite many difficulties, Vietnamhas managed to keep the overall situation under good control with stablemacro-economy and ensured major balances, including a trade surplus of over 10billion USD, stated Prime Minister Pham Minh Chinh while chairing a regular government meeting on December 1.
PM Chinh noted that in November, the world situationcontinued to develop in a rapid and complicated way with increasing risk factors withworld-wide effects. Inside the country, many measures were implemented to ensurethe healthy development of specific markets such as securities and real estate,corporate bonds and banking, while there was a local shortage of petroleum, drugsand medical supplies.
In that context, the Government, ministries, sectors andlocalities rolled out timely measures, including the formation ofworking groups to solve specific issues, said the PM.
As a result, the economy was kept stable with State collectionexceeding the target by over 276 trillion VND (11.19 billion USD). At the sametime, the political stability, social order and safety have been also ensured, thecountry’s independence, sovereignty and territorial integrity maintained, and external relations strengthened, he stated.
An overview of the meeting (Photo: VNA)
The Government leader held that there will be more difficultiesand challenges in the future, while there is only one month left to completeall the yearly targets set by the National Assembly, requiring the application offlexible solutions.
Meanwhile, it is necessary to continue to deal with emergingproblems such as the shortage of petrol, medicine and bio-products, and keep marketsstable, while ensuring a warm and safe Lunar New Year (Tet) Festival for thepeople and the supply of commodities.
At the meeting, the Government will evaluate thesocio-economic situation in November and the first 11 months of 2022, theimplementation of socio-economic recovery and development programme, thedisbursement of public capital so far this year, and the conduct of the threenational target programmes.
Particularly, a draft resolution on tasks and solutions forthe implementation of the socio-economic development plan and State budgetestimate for 2023 will also be discussed./.
Financial policies for socio-economic growth and development in the new context is the theme of the annual Vietnam Finance Forum 2022 held in the central city of Da Nang on November 25.
Ho Chi Minh City's socio-economic development results make an important contribution to stabilising the macro-economy and ensuring major balances of the whole country, Prime Minister Pham Minh Chinh affirmed on November 27 at his meeting with leaders of the city.
State President Luong Cuong’s trip once again reaffirmed the Party and State’s foreign policy of independence, self-reliance, diversification and multilateralisation of relations. It also reflected the strong trend of enhanced cooperation among countries of the Global South in shaping a new, more multipolar, fair and equitable world order.
The outcomes of Party General Secretary To Lam's visit will serve as a driving force and source of inspiration for the two countries to inherit, promote, and elevate their Comprehensive Strategic Partnership, contributing to the national construction and development cause in each country, and to peace, cooperation, and development in the region and the world.
Prime Minister Pham Minh Chinh on August 9 inspected the construction site of the new Phong Chau bridge, and surveyed a planned route for the Lao Cai – Hanoi – Hai Phong railway section running through the northern province of Phu Tho.
Across print, broadcast, and online platforms, Angolan media portrayed State President Luong Cuong's visit as a warm and historic occasion, strengthening bilateral ties and boosting Vietnam’s presence in Africa through the AU.
The 500kV Lao Cai – Vinh Yen power transmission line has a total investment of over 7.41 trillion VND (282.5 million USD), and a total length of 229.5 km, passing through 31 communes in the two provinces, and comprising 468 transmission tower foundations.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA) 
An overview of the meeting (Photo: VNA) 
