PM Pham Minh Chinh addresses the meeting in Hanoi on December 6. (Photo: VNA) In his remarks, the PM said despitenumerous difficulties and challenges, especially pressure from the globalsituation, economic recovery has been sustained with many encouraging outcomes thanks to the Party’s leadership, the National Assembly’s supervision andassistance, joint efforts by the entire political system and people nationwide,along with support from international friends.
He pointed out that the globalsituation has still witnessed complex and unpredictable developments over thelast 11 months. Some economies have shown signs of recession, inflation remainshigh around the world, and interest rates and currency depreciation are on therise in many countries. Meanwhile, the COVID-19 pandemic, geopolitical tensions,and strategic competition are still complicated.
A decline in the world market intertwinedwith the unsettled supply chains disruptions has strongly affected trade,production, and business activities in many countries, especially highly open economieslike Vietnam, he said, adding energy security, food security, natural disasters, and climate changecontinue to be issues needing attention.
A decline in the world market intertwinedwith the unsettled supply chains disruptions has strongly affected trade,production, and business activities in many countries, especially highly open economieslike Vietnam, he said, adding energy security, food security, natural disasters, and climate changecontinue to be issues needing attention.
In Vietnam, over the two years ofcombating COVID-19, the health of the economy has been eroded while the countryhas also had to cope with external shocks and rectified operations of thestock, real estate, and corporate bond markets to ensure their transparency, safety,and sustainability.
The Government and PM have orderedministries, sectors, and localities to grasp the situation, take measures totackle difficulties facing the economy, and keep a close watch on the enterprise,labour, and employment situation to give timely support, PM Chinh said.
For the last over one month, the Governmentand PM have issued more than 40 documents giving directions on macro-economic,fiscal, and monetary policies. Three working groups were set up to resolve emerging issues related to finance, real estate, andcorporate bond. Ministries and sectors have also shown strong engagement.
As a result, he noted, the situationhas been stabilised, with macro-economy remaining stable, inflation kept undercontrol, growth boosted, and major balances guaranteed.
He requested Government officials,ministries, and sectors review their performance of the Cabinet and PM’sinstructions, step up situation analysis and forecasting, propose tasks andmeasures for fulfilling the targets for 2022, and prepare for the implementationof duties next year./.
The Government and PM have orderedministries, sectors, and localities to grasp the situation, take measures totackle difficulties facing the economy, and keep a close watch on the enterprise,labour, and employment situation to give timely support, PM Chinh said.
For the last over one month, the Governmentand PM have issued more than 40 documents giving directions on macro-economic,fiscal, and monetary policies. Three working groups were set up to resolve emerging issues related to finance, real estate, andcorporate bond. Ministries and sectors have also shown strong engagement.
As a result, he noted, the situationhas been stabilised, with macro-economy remaining stable, inflation kept undercontrol, growth boosted, and major balances guaranteed.
He requested Government officials,ministries, and sectors review their performance of the Cabinet and PM’sinstructions, step up situation analysis and forecasting, propose tasks andmeasures for fulfilling the targets for 2022, and prepare for the implementationof duties next year./.
VNA
