In a dispatch sent to leaders of ministries, agencies, cities and provinces, PM Pham Minh Chinh pointed out that amid global geo-political and economic uncertainties, Vietnam will face a host of challenges, especially in business, construction investment and trade.
Greater efforts should be made to untangle knots regarding administrative procedures, credit access, business conditions, bank liquidity, debts and taxes in order to pave the wave for big, key projects, the Prime Minister said.
He stressed the need to maintain and boost economic engines like investment, export-import and consumption.
The PM will assign Government members and representatives from ministries and agencies to hold working sessions with localities over business, production, construction investment and trade.
According to the dispatch, the national GDP in the first quarter of this year grew 3.32% year-on-year. However, the value added in industry and construction dropped by 0.4% due to high production costs and declining orders in key industrial sectors./.
