PM asks for greater efforts to promote sustainable growth
Prime Minister Nguyen Xuan Phuc has asked for stronger efforts from sectors to promote macroeconomic stability and control inflation towards fostering sustainable and comprehensive economic growth.
PM Nguyen Xuan Phuc speaks at the meeting (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc has asked for stronger efforts fromsectors to promote macroeconomic stability and control inflation towards fosteringsustainable and comprehensive economic growth.
Speaking at the regular monthly governmentmeeting in Hanoi on March 1, the PM pointed out several difficulties, includingthe slow disbursement of public investment capital and increased trade deficit, sayingthat business development and economic growth has not met the set targets.
He requested the Ministry of Planning and Investment (MPI) to work with prestigiousorganisations to assess, verify and announce the GDP figures for the country’s informaleconomic area in an objective and scientific manner using relevant data.
It is necessary to focus on measures to promote growth, he said, askingministries and sectors to seek methods and specific actions to overcome theshortcomings of the market economy.
In the face of challenges to the agriculture sector, the PM directed theMinistry of Agriculture and Rural Development (MARD) to coordinate withlocalities to speed up agricultural, forestry and fishery production.
He agreed to a number of measures from ministries and sectors to directly dealwith outbreaks of African swine fever (ASF) and foot-and-mouth disease (FMD), aiming to prevent further spreading.
PM Phuc stressed the need to strictly monitor gateways and trails, and give pricesupport to farmers.
A national campaign to raise public awareness of ASFprevention must be launched to stop the disease, he said.
He also directed the MARD to coordinate with the Ministry of Finance to buyrice for temporary storage inorder to ensure beneficial prices for farmers.
During the meeting, the PM asked the Government Inspectorateto supervise and speed up the implementation of inspections related to the Vietnam Feature Film Studio,Quy Nhon port, Thai Thai Nguyen Iron and Steel JSC, and Thu Thiem urban area.
The Ministry of Transport was required to report regularly on the implementationof the My Thuan-Can Tho expressway project to the PM.
PM Phuc asked the State Bank to work out measures to expand credit and reduceinterest rates for priority fields towards creating momentum for growth.
The PM also directedthe MPI to make the most of opportunities brought by the hosting of the second DPRK-USA Summit to roll out specific plansfor attracting foreign investment, especially multinational corporationsspecialising in the high-tech field.–VNA
Prime Minister Nguyen Xuan Phuc has required the Government to renew management work and address the shortcomings that have been revealed by the National Assembly and the people.
Prime Minister Nguyen Xuan Phuc chaired the Government’s regular meeting on December 27, during which he shared that Vietnam’s GDP growth rate rose 7.08 percent in 2018 – the highest ever in the past 11 years.
Resolution 162/NQ-CP issued by the Government has defined 2019 as a year of breakthrough in development in order to successfully implement the 2016-2020 socio-economic development plan.
Hosting the recent summit between the Democratic People’s Republic of Korea (DPRK) and the United States of America (USA) was a big success for Vietnam, Prime Minister Nguyen Xuan Phuc said while chairing a regular government meeting in Hanoi on March 1.
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.
PM Nguyen Xuan Phuc speaks at the meeting (Source: VNA) 
