Prime Minister Nguyen Xuan Phuc has affirmed that there have been no grounds for revising the macroeconomic goals and that Vietnam is making efforts to realise the growth target previously set even amid numerous challenges from the Covid-19 outbreak.

PM Nguyen Xuan Phuc chairs a meeting of the national advisory council for financial and monetary policies.

He was speaking at a meeting of the national advisory council for financial and monetary policies on February 25.

The head of government stated that caution must be exercised to analyse the situation thoroughly and work out the appropriate coping measures.

At the meeting, the PM said he appreciated the frank, responsible and evidence-based opinions of economists and considered them as important input materials for the government to decide on socio-economic policies amid the impacts of the Covid-19 outbreak.

He stated that the government is pursuing the double goals of containing the spread of the coronavirus and promoting economic growth, adding that difficulty calls for concerted efforts and bold reforms to move the country forward.

On that basis, the council agreed on a number of key measures such as the need to remain consistent in the goal of keeping low inflation, creating the foundation for sustainable development, and boosting public investment and investors’ confidence.

It is also necessary to continue supporting enterprises, especially those affected by the coronavirus, while promoting sectors with potential for growth in order to cushion the impact of the epidemic.

 Source: NDO


Related Topics


Indian Ambassador to Vietnam pays working visit to Hoa Binh province

A delegation of the Indian Embassy in Vietnam led by Ambasador Sandeep Arya paid a working trip to Hoa Binh province on April 1, aiming to explore cooperation opportunities. The delegation was received by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, along with Nguyen Van Chuong, Vice Chairman of the provincial People’s Committee, and representatives from various departments and agencies.

Provincial Party officials inspect Hoa Binh - Moc Chau expressway project

A delegation from the Standing Board of the Hoa Binh provincial Party Committee led by Nguyen Phi Long, an alternate member of the Party Central Committee and Secretary of the provincial Party Committee, on March 20 inspected the progress of the Hoa Binh - Moc Chau expressway project in Mai Chau district.

Hoa Binh province boosts development of science, technology, innovation

The Steering Committee for the Development of Science, Technology, Innovation, and Digital Transformation of Hoa Binh province convened a meeting on March 11 to deploy key tasks.

Lac Son district reaches high consensus on organisational restructuring

Lac Son district is reorganising and streamlining its organisational apparatus and the contingent of officials, civil servants and public employees in line with Resolution 18 issued by the 12th Party Central Committee.

Provincial public security restructured for greater efficiency

The provincial Department of Public Security has reorganised its structure to enhance operational efficiency and meet the evolving demands of the new era. In line with the Resolution No. 25 of the Central Public Security Party Committee, the move aims to streamline personnel, standardise leadership roles, and strengthen the police force’s capacity while creating better conditions for modernising equipment.

Hoa Binh seeks public input on draft documents of 18th provincial Party Congress

The subcommittee for documents of the 18th Hoa Binh provincial Party Congress, the 2025 - 2030 term, convened on March 3 to review and incorporate public feedback on the congress’s draft documents. The meeting was chaired by Nguyen Phi Long, an alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee. It was attended by senior provincial officials, including Bui Thi Minh, Permanent Deputy Secretary of the provincial Party Committee and Chairwoman of the provincial People’s Council; Bui Duc Hinh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; other members of the Standing Board of the provincial Party Committee; and members of the document subcommittee.