Vietnam focuses on investment, consumption, export: regular Government press conference

In February and following months, Vietnam will focus its resources on three growth drivers of investment, consumption and export, said Minister-Chairman of the Government Office Tran Van Son at the regular Cabinet press conference on February 2 following its monthly teleconference with localities.
Vietnam focuses on investment, consumption, export: regular Government press conference ảnh 1Regular Cabinet press conference  (Photo: VNA)
Hanoi (VNA) – In February and following months, Vietnam will focus itsresources on three growth drivers of investment, consumption and export, said Minister-Chairman of the Government Office Tran Van Son at the regular Cabinet pressconference on February 2 following its monthly teleconference with localities.

Son said that at this conference, all Government membersagreed that in the coming time, there are more difficulties and challenges thanopportunities and advantages.

Therefore, Prime Minister Pham Minh Chinh asked ministries, sectorsand localities to proactively address arising problems and step up three strategicbreakthroughs namely institutions, infrastructure and human resources.

He requested giving priority to maintainingmacro-economic stability, controlling inflation, propelling growth and ensuringmajor balances of the economy. "It is necessary to ensure the balanced, rational and effectively management of the exchange and interest rates as well as harmonise inflation control and growth,monetary and fiscal policies, and domestic and foreign situations," the PM stressed.

The Government leader also stressed the importance of the adoptionof a sound, flexible and effective monetary policy in close and synchronouscombination with fiscal and other policies.

According to the minister, in January, the macro-economy continuedto be stabilised, inflation was controlled and major balances maintained. Statebudget revenue increased by 12.3% compared to the estimate, and 8.1%year-on-year, and trade surplus hit 3.6 billion USD.

Total retail sales of goods and services in the month roseby 20% against 2022 and 34.2% compared to 2019./.
VNA

See more

Chief Justice of the Supreme People's Court of Vietnam Le Minh Tri (right) receives EU Ambassador to Vietnam Julien Guerrier on April 18. (Photo: VNA)

Vietnam, EU strengthen judicial cooperation

Building upon the results of the EU JULE project’s Phase 1 (2018–2024), the EU’s support in the next phase will help address challenges in strengthening the effectiveness and efficiency of Vietnam's legal and judicial institutions, said Chief Justice of the Supreme People's Court of Vietnam Le Minh Tri.

Permanent Vice Chairwoman of Hanoi People's Council Phung Thi Hong Ha works with representatives of Skoda Auto Group. (Photo: VNA)

Hanoi eyes to expand cooperation with Czech localities

During meetings with leaders and working sessions with the business community in localities of the Central European country, the two sides disused many measures to further strengthen cooperation in various fields between Hanoi and Czech localities.

Minister of Construction Tran Hong Minh (R) receives Mariam Sherman, WB Country Director for Vietnam, Cambodia, and Lao in Hanoi on April 18. (Photo: VNA)

World Bank affirms interest in infrastructure development in Vietnam

Minister of Construction Tran Hong Minh stated the Vietnamese Government always appreciates the World Bank’s long-standing support for the country’s socio-economic development and global integration, particularly in areas such as poverty alleviation, gender equality, and development in remote and disadvantaged regions.

PM Pham Minh Chinh speaks at the meeting (Photo: VNA)

Laws must institutionalise Party’s guidelines: PM

Prime Minister Pham Minh Chinh has underscored the need to concretise and institutionalise the Party’s guidelines, accelerate decentralisation and delegation of power in law-making, supported by robust oversight mechanisms and adequate resource allocation.

Prime Minister Pham Minh Chinh (R) receives Warburg Pincus CEO Jeffrey Perlman (Photo: VNA)

PM urges Warburg Pincus to boost fair, sustainable Vietnam-US trade

As Vietnam is a developing country with a transitioning economy, and is still dealing with the severe consequences of war, it hopes to continue receiving support and cooperation from the US, and strengthening and deepening the Vietrnam-US Comprehensive Strategic Partnership, including maintaining and promoting stable, sustainable economic and trade relations based on equality and mutual benefit, while enhancing cooperation with US investors in the country.

Panels and banners celebrate the 50th anniversary of national reunification in HCM City (Photo: VNA)

Vietnam’s post-war achievements mark a new April 30 victory: Bolivian politician

Ignacio Mendoza Pizarro, First Secretary of the Communist Party of Bolivia described Vietnam’s development achievements as a continuation of the nation’s enduring qualities: resilience, firmness, dynamism, and self-reliance. He noted that Vietnam’s experience in economic reform and foreign investment attraction are of strong interest to Bolivia’s ruling alliance and to revolutionary movements around the world.

Prime Minister Pham Minh Chinh sees off Ethiopian Prime Minister Abiy Ahmed Ali after their visit to Tran Quoc Pagoda in Hanoi on April 17. (Photo: VNA)

Ethiopian PM wraps up official visit to Vietnam

Ethiopian Prime Minister Abiy Ahmed Ali and his spouse Zinash Tayachew left Hanoi on April 17 afternoon, wrapping their official visit to Vietnam and attendance at the 4th Partnership for Green Growth and the Global Goals 2030 (P4G) Summit in Hanoi from April 14-17.