Prime Minister presides over Cabinet’s regular meeting
Prime Minister Pham Minh Chinh urged the acceleration of public investment disbursement while chairing a regular Cabinet meeting, which was connected online with 63 provinces and centrally-run cities on October 7.
Hanoi (VNA) – Prime Minister Pham Minh Chinh urged the acceleration of public investment disbursement while chairing a regular Cabinet meeting, which was connected online with 63 provinces and centrally-run cities on October 7.
The PM pointed out existing limitations, and challenges, such as macro-economic stability facing potential risks, the severe impacts of Typhoon Yagi, which has required many northern localities to focus on recovery; the domestic production and business situation and exports in certain sectors needing continued efforts, and the necessity to solve certain legal, regulatory, and policy inconsistencies.
He noted that the tasks for the remaining months of 2024 are still heavy, given a lot of difficulties and challenges both internationally and domestically. This requires all levels, sectors, and localities, especially their heads, to make greater efforts and take more decisive and effective actions to strive for the comprehensive achievement of the set goals and tasks.
Prime Minister Pham Minh Chinh speaks at the meeting. (Photo: VNA)
The government leader requested participants in the meeting to focus on discussing and assessing the situation, sharing lessons learned, and proposing tasks and solutions to have a more flexible and timely policy response in the remaining months to achieve the set socio-economic development targets. They include maintaining macro-economic stability, controlling inflation, ensuring major balances, guaranteeing social security, and firmly maintaining independence, sovereignty, political security, and social order and safety.
According to the Ministry of Planning and Investment, since the beginning of this year, the Government has focused on implementing three strategic breakthroughs in terms of institutions, human resources, and infrastructure, with particular emphasis on reviewing and perfecting institutions, laws, mechanisms, and policies.
Attention has also been paid to promoting science and technology, start-up, innovation, and national digital transformation; reducing and simplifying administrative procedures; removing difficulties for production and business; and ensuring social security and the improvement of people’s lives.
As a result, the overall socio-economic situation in September, the third quarter, and the first nine months of 2024 continued to show positive recovery trends, with the performance this month better than the previous one and this quarter higher than the last.
🌳 The country's GDP growth increased by 7.4% in the third quarter, and 6.82% in the first nine months of 2024. Macro-economic stability was maintained while inflation was under control, and major balances were ensured./.
Prime Minister Pham Minh Chinh will lead a high-ranking delegation to the 44th and 45th ASEAN Summits and related meeting in Vientiane, Laos, from October 8-11, continuing to affirm Vietnam’s active, proactive and responsible contributions to regional cooperation processes.
The fertiliser, retail, livestock, banking and logistics sectors are expected to witness significant profit growth in the third quarter (Q3), ranging from 22% to an impressive 1,620%, a recent report has revealed.
Vietnam's gross domestic product (GDP) expanded by about 7.4% in the third quarter and 6.82% during the first nine months of 2024 compared to the respective periods of last year, the General Statistics Office (GSO) reported on October 6.
The National Assembly (NA) Standing Committee is scheduled to convene its 48th session on August 11-13, with August 14-15 set as a backup date, according to the NA Office.
Vietnam’s Ambassador to Brazil and Bolivia Bui Van Nghi has led an embassy delegation to attend official events marking the 200th anniversary of Bolivia’s Independence Day.
Party General Secretary To Lam met with members of the Vietnam Innovation Network in Korea (VINK) and Vietnamese experts living and working in the Republic of Korea (RoK) in Seoul on August 10 as part of his state visit to the RoK.
In an interview with Korean media on the occasion of Party General Secretary To Lam’s state visit to the RoK, Deputy Prime Minister and Foreign Minister Bui Thanh Son affirmed that the visit demonstrates Vietnam’s strong resolve to further deepen the Comprehensive Strategic Partnership with the RoK, with the aim of fostering greater political trust, closer strategic coordination, more substantive and comprehensive cooperation, and stronger bonds of friendship between the two countries' people.
Prime Minister Pham Minh Chinh, who is also a Politburo member and Secretary of the Government Party Committee, attended the 4th Party Congress of the EVN Party Organisation for the 2025–2030 tenure on August 10, directing EVN to ensure power supply to meet the country’s development demands with double-digit growth set for the coming years.
Party General Secretary To Lam and his spouse Ngo Phuong Ly, along with a high-ranking delegation of Vietnam arrived in Seongnam Air Base in Seoul on August 10 afternoon (local time), beginning a state visit to the Republic of Korea from August 10-13.
General Secretary of the Communist Party of Vietnam Central Committee To Lam and his spouse Ngo Phuong Ly departed from Hanoi on August 10 morning for a four-day state visit to the Republic of Korea (RoK), which is made at an invitation of RoK President Lee Jae Myung.
As part of the ASEAN Day celebrations, the Vietnamese embassy will also host the ASEAN Family Day 2025 in Ottawa to foster solidarity and community spirit among ASEAN members in Canada.
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.
