PM Pham Minh Chinh (standing) speaks at the teleconference on October 1. (Photo: VNA) He made the request while addressingthe Government’s teleconference with the 63 provinces and cities nationwide andthe Cabinet’s regular meeting for September on October 1.
The Ministry of Planning andInvestment reported that positive signs were seen in most socio-economic aspects in the firstnine months of the year. The macro-economy remained stable, inflation was undercontrol, major balances ensured, and monetary and fiscal policies implementedin a proactive, flexible, and effective manner.
Year-on-year GDP growth was estimatedat 13.67% in the third quarter and 8.83% in the first nine months, the fastestnine-month pace during 2011 - 2022. Production and business activities havegradually regained momentum. The Government’s socio-economic recovery anddevelopment policy has proved effective.
The consumer price index (CPI)posted a year-on-year increase of 3.32% in Q3 and 2.73% in nine months, while thecore inflation rose 1.88%.
Between January and September, State budget collection reached 94% of thetarget, up 22% from a year earlier; total social investment topped 2.1quadrillion VND (nearly 88 billion USD), up 12.5%; and foreign trade turnover reached 558.52 billion USD, up15.1%, with a trade surplus of about 6.52 billion USD. Implemented foreigndirect investment grew 16.3% to 15.43 billion USD, the highest nine-month figureover the last five years, statistics show.
Cultural, social and environmentalissues, along with natural disaster and climate change response, have alsoreceived due attention, the ministry said.
PM Chinh said despite considerable, fast, complex, and unpredictable changes inthe global situation, thanks to efforts by the entire political system, people,and businesses, Vietnam has managed to obtain encouraging socio-economic results. Internationalorganisations also made positive assessments of the country’s socio-economicsituation and issued optimistic forecasts for its economic growth, which is expected to be among the highest in Southeast Asian in 2022 and 2023.
However, he also pointed out latent risksto macro-economic stability and inflation control; sluggish implementation of thenational target programmes and public investment disbursement; high input costsfor production and business activities; the shortage of medicine and medicalsupplies in some hospitals and localities; the complex COVID-19 situation and slowvaccination; difficulties facing certain groups of people, especially in remoteand ethnic minority areas; and increasing damage caused by natural disasters.
The PM underlined the importance of the last quarter, which is the time to “sprint” toward the “finishing line”, requiring the Government, sectors, and all-levelauthorities to show stronger determination and efforts to carry out the tasks identifiedby the Party, National Assembly and Government to achieve the best possible socio-economicresults for 2022 and create a driving force for next year.
Heordered the COVID-19 prevention and control programme be pushed ahead, withvaccination to be sped up, and the shortage of medicine and medical supplies beaddressed.
He asked for persistence in thetarget of sustaining macro-economic stability, controlling inflation, promotinggrowth, and ensuring major economic balances. Besides, it is also necessary to tighten management of prices of essential goods and services, keep a closewatch on the regional and international situation while boosting analysis andforecasting in order to take timely and appropriate actions.
The Government leader highlightedthe need to continue perfecting regulations, step up administrative reforms,ramp up the fight against corruption and negative phenomena, train high-qualityhuman resources, and encourage scientific and technological application, innovation, digitaltransformation, green and circular economy development, and energy transition,which he said will create foundation for improving the economy’s productivity,quality, efficiency, competitiveness, and sustainable development.
He also told ministries, sectors, and localities to pay due attention tocultural, social and environmental issues, natural disaster and climate change response,defence and security safeguarding, diplomacy, and communications to promoteconsensus in the public and refute wrong and hostile viewpoints./.
VNA
