Prime Minister chairs fifth Vietnam Economic Forum
Hanoi (VNA) – Prime Minister Pham Minh Chinh chaired the plenary
session of the fifth Vietnam Economic Forum in Hanoi on December 17.
The event was held
both online and in-person formats, with over 1,000 delegates taking part.
Before the plenary
session, four thematic discussions were co-chaired by leaders of ministries and
agencies, featuring the topics of creating development space and new economic
growth drivers, healthy financial and real estate markets for rapid and sustainable
economic development, removing bottlenecks in public investment and capital for
enterprises, ensuring social welfare and employment in combination with 2023
economic development.
Speaking at the
session, Chairman of the Party Central Committee’s Economic Commission Tran
Tuan Anh said the event will point out what Vietnam needs to do to maintain
macro-economic stability and ensure major balances of the economy; identify the
right opportunities, difficulties and challenges; suggest response policies and
guidelines to step up industrialistion and modernisation, and fulfilling
national development goals till 2030 with a vision to 2045 set in the
Resolution adopted by the 13th National Party Congress and other
resolutions.
Reporting Vietnam’s
economic performance 2022 and orientations to 2023, Minister of Planning and
Investment Nguyen Chi Dung said with COVID-19 under control, Vietnam’s
inflation stood at 3.02% in January-November and is below 4% for the whole of this
year. Industrial production went up 8.6% during the period while the total
retail of goods and services rose by 20.5%. The total number of newly-established
firms surged by 33.2% annually to 195,000. The foreign direct investment hit a
five-year record to 19.68 billion USD, up 15.1%.
Apart from
achievements in social welfare, anti-corruption, national defence-security,
external affairs and global integration, delegates raised concern over inflation
pressure due to external uncertainties, low labour productivity, slow
disbursement of public investment capital; risks in securities, corporate bond
and real estate markets; high input costs and shortage of materials, among
others.
Dung said next year,
Vietnam will encounter difficulties and challenges in meeting development goals
amid fluctuations in the world. Hence, it requires not only the unanimity,
efforts and determination of the entire political system, people and businesses
to perform tasks but also support from the global community, governments,
international organisations, scientists and experts at home and abroad./.