PM orders promoting new growth drivers, renewing traditional ones

Prime Minister Pham Minh Chinh stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.

Prime Minister Pham Minh Chinh speaks at the group discussion on May 23 morning. (Photo: VNA)
Prime Minister Pham Minh Chinh speaks at the group discussion on May 23 morning. (Photo: VNA)

Hanoi (VNA) – Prime Minister Pham Minh Chinh emphasised the importance of not only promoting new growth drivers but also revitalising traditional ones—namely exports, consumption, and investment—during a group discussion on socio-economic development tasks held on May 23 morning, as part of the ongoing 9th session of the 15th National Assembly.

The Government leader stressed the need to promote public investment as a catalyst for private investment, as well as to boost overall social and foreign investment.

Addressing the current challenges to export growth, the PM stressed the need to stay calm and ready for dialogue, and actively negotiate with partners, including the US, on the basis of harmonised interests and shared risks. He also highlighted the importance of expanding and diversifying both export markets and products in this context.

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NA deputy Tran Hoang Ngan of HCM City speaks at the discussion. (Photo: VNA)

Regarding the consumption driver, he emphasised the need for supportive fiscal policies, including tax and fee reductions, increasing revenue while cutting expenditures, especially recurrent spending, boosting development investment, and reducing input costs for businesses.

For new growth drivers, the Government leader called for accelerating digital transformation and green transition, urging ministries, sectors, and localities to concentrate on the effective implementation of key resolutions issued by the Party, State, and National Assembly in these areas.

On the deployment of the two-tier administration model, it is necessary for a fundamental shift in administrative mindset—from passively responding to public needs to proactively and efficiently serving both citizens and businesses, including streamlining administrative procedures, minimising intermediary steps, and enhancing data integration, he noted.

He also highlighted the importance of advancing decentralisation and delegation of authority in parallel with the appropriate allocation of resources.

Regarding the shift in approach within health care and education, the PM underscored the need to move from a treatment-centred model to one that prioritises public health care and protection. In education, he noted that people must remain at the heart of the system, with a focus on enhancing the quality of teaching and learning, transitioning from knowledge-based training to comprehensive life skills education. He also stressed the importance of ensuring equal access to education across all regions and population groups.

The PM stated that the Government is drafting two resolutions of the Politburo on the modernisation and breakthrough development of education and training; and on advancing public health care.

He highlighted the policy of practicing thrift and combating wastefulness, saying that institutional frameworks are being refined to address these effectively.

The PM also spotlighted four key pillars for promoting socio-economic development – the Politburo’s resolutions on breakthroughs in science and technology development, innovation, and national digital transformation; international integration; reforming lawmaking and law enforcement; and developing the private economic sector./.

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