During the 2016-2021 tenure, the Government ensured macroeconomic stability and curbed inflation, thus creating a favorable environment to promote economic growth and poverty reduction effectively.
Prime Minister Nguyen Xuan Phuc has affirmed the significant role played by the Vietnam Bank for Social Policies (VBSP) in the country’s poverty alleviation efforts.
Prime Minister Nguyen Xuan Phuc pointed out the three key components of the socio-economic development strategy for 2021-2030 while speaking on the second day of a national teleconference on March 28.
Vietnam’s gross domestic product (GDP) in the first quarter of 2021 is estimated to rise 4.48 percent, higher than 3.68 percent recorded in the same period last year.