Government's socio-economic and state budget report presented at the 5th Session, 15th National Assembly

REPORT

SUPPLEMENTARY ASSESSMENT OF THE RESULTS OF IMPLEMENTATION OF THE 2022 SOCIO-ECONOMIC DEVELOPMENT PLAN AND STATE BUDGET; IMPLEMENTATION OF THE SOCIO- ECONOMIC DEVELOPMENT PLAN AND STATE BUDGET IN THE FIRST MONTHS OF 2023

( Government report presented by the Government leader at the 5th Session, 15th National Assembly )

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Dear Comrade Nguyen Phu Trong, General Secretary of the Central Committee of the Party!

Dear leaders, former leaders of the Party, State, Vietnam Fatherland Front, and revolutionary veterans!

Dear Congress!

Dear compatriots and voters nationwide!

According to the program of the 5th Session of the 15th National Assembly, the Government sent to the National Assembly 40 reports, submissions, and documents in many fields, including a full report on the supplementary assessment of the results of the implementation of the socio-economic development plan (SEDP) in 2022 and the implementation of the SEDP in the first months of 2023.

Assigned by the Prime Minister, I would like to report to the National Assembly and the people and voters nationwide some main contents as follows:

I. ADDITIONAL ASSESSMENT OF 2022 RESULTS AND SOCIO-ECONOMIC SITUATION IN THE FIRST MONTHS OF 2023

1. Regarding additional assessment of results in 2022

At the 4th Session, the Government reported to the National Assembly on the socio-economic situation in the first 9 months of the year and the estimates for the whole year of 2022. In the last months of 2022, the Government directed all levels, sectors and localities to continue to resolutely implement the Resolutions and Conclusions of the Central Committee, the National Assembly and the Government.

Focus on controlling the COVID-19 epidemic; actively disburse public investment capital, accelerate the implementation of key transport infrastructure projects, implement the Socio-Economic Recovery and Development Program, 03 National Target Programs; promote planning, regional linkage, build and perfect institutions, administrative reform, improve the investment and business environment; focus on cultural and social development, environmental protection; ensure national defense and security; promote foreign affairs and international integration.

The socio-economic situation in the last months of the year continued to recover, contributing to the overall results of the whole year 2022. The comments and assessments that the Government reported to the National Assembly at the 4th Session were basically appropriate.

In particular, in a very difficult context, we still achieved the goal of stabilizing the macro economy, controlling inflation, promoting growth, ensuring major balances of the economy [1] ; achieved and exceeded 13/15 planned targets [2] , in which many targets were better than the numbers reported to the National Assembly , such as: GDP in 2022 increased by 8.02% (reported as 8% ) ; GDP per capita reached 4,109 USD (reported as 4,075 USD) ; Average CPI increased by 3.15% (reported as about 4% ) ; State budget revenue reached 1,815.5 trillion VND, higher than the reported number of 201.4 trillion VND. (up 12.5 %) , promptly and fully meeting development investment expenditure tasks, implementing social security policies, salary reform and other urgent tasks.

Total export turnover reached 371.3 billion USD (reported as 368 billion USD) ; trade surplus reached over 12.4 billion USD (reported as about 1 billion USD) . Total social investment capital reached 3,219.8 trillion VND (higher than reported by 18.3 trillion VND) ; realized foreign investment capital reached 22.4 billion USD, up 13.5% (reported as 6.4 - 11.5% ) . The indicators of public debt, government debt, and foreign debt of the country continued to decrease and were within safe limits ( public debt ratio was 38% of GDP; government debt was 34.7% of GDP; foreign debt was 36.8% of GDP) .

Cultural and social fields are focused on; social security is ensured; people's lives continue to improve; by the end of 2022, nearly 104.5 trillion VND has been supported for over 1.41 million employers and over 68.43 million workers facing difficulties [3] ; at the same time, 25 thousand tons of rice were provided, supporting 492 thousand households with more than 1.6 million people.

National defense and security are strengthened; national sovereignty is maintained; social order and safety are ensured; foreign affairs and international integration are enhanced and effectively promoted; Vietnam's prestige and international position continue to be enhanced.

The fastest growing national brand value in the world in the period 2019-2022 (up 74% ) , reaching 431 billion USD in 2022, ranked 32nd in the group of 100 strongest national brand values in the world.

All three prestigious international credit rating organizations, Moody's, S&P and Fitch, have maintained and upgraded Vietnam's credit rating (Moody 's upgraded Vietnam's long-term national credit rating from Ba3 to Ba2 , "stable" outlook; S&P upgraded from BB to BB+ , "stable" outlook; Fitch maintained BB with a "positive" outlook) . The International Monetary Fund (IMF) commented that Vietnam is a bright spot in the " gray picture" of the global economy.

In the context of the rapidly changing, complex and unpredictable world and regional situation, the results achieved in 2022 are very valuable as General Secretary Nguyen Phu Trong affirmed at the Government Conference with localities (January 3, 2023): "Thanks to the high determination and efforts , great and persistent contributions of the entire Party, people and army, we have successfully and quite comprehensively achieved the goals and tasks: Focusing on preventing, fighting and controlling the epidemic, while promoting socio-economic recovery and development, building an independent and self-reliant economy associated with proactive, active and deep international integration effectively" .

However, our country still has limitations and difficulties; including 02 targets that have not met the plan [4] ; disbursement of public investment capital and implementation of a number of policies under the Socio-Economic Recovery and Development Program, 03 National Target Programs have not met requirements; planning work is still slow; many enterprises have difficulties in mobilizing and accessing capital, production and business costs have increased, export product markets have narrowed; the long-standing accumulated shortcomings of the real estate and corporate bond markets have not been effectively handled.

Ensuring economic security, cyber security, social order and safety, and caring for and protecting people's health still have shortcomings. Removing obstacles in legal regulations, mechanisms, policies, and bottlenecks in public service implementation requires more efforts; discipline and order are sometimes and in some places not strict. Policy response and coordination in some cases are still slow, lacking in determination, passive, confused, and not very effective...

2. On the situation and results of implementing the socio-economic development plan in the first months of 2023

2.1. Background

From the beginning of 2023, the world situation continues to fluctuate rapidly, complicatedly, unpredictably, affecting and influencing most countries and regions globally, especially: the consequences of the prolonged COVID-19 pandemic; the conflict in Ukraine, increasingly fierce strategic competition between major countries; high inflation, tight monetary policy, prolonged interest rate increases leading to growth decline, decline in consumer demand in many countries and major partners [5] ; risks in international financial, monetary, and real estate markets increase [6] ; challenges related to climate change, natural disasters, epidemics, energy security, food, and poverty are growing and increasingly impacting and influencing people.

Domestically, we have opportunities, advantages and difficulties, challenges intertwined, but difficulties and challenges are more numerous. Our country is a developing economy, in the process of transformation, with great openness, modest scale, limited resilience and competitiveness, low labor productivity, so it is subject to strong external impacts in many areas, especially in export, trade, investment, finance, currency, exchange rate, interest rate; supply chains are broken; FDI attraction is affected by the decline in global investment; competition in the international market is increasing... Meanwhile, the limitations and inherent shortcomings of the economy that have lasted for many years have been more clearly revealed in difficult conditions such as real estate markets, corporate bonds, weak banks...

2.2. Leadership, direction and management

Implementing the Resolutions and Conclusions of the Central Committee and the Politburo, especially Conclusion No. 46-KL/TW dated December 23, 2022 of the Politburo on the macroeconomic situation and key tasks and solutions in the coming time and the Resolutions of the National Assembly [7] , from the beginning of the year, the Government directed ministries, branches and localities to resolutely and effectively implement Resolution No. 01/NQ-CP dated January 6, 2023 on the main tasks and solutions for socio-economic development, state budget estimates and improving the business environment, enhancing national competitiveness in 2023, focusing on maintaining macroeconomic stability, controlling inflation, promoting growth, ensuring major balances of the economy; reviewing, supplementing and perfecting institutions, mechanisms and policies to remove difficulties for production and business; Promote allocation and disbursement of public investment capital, Socio-Economic Recovery and Development Program, 03 National Target Programs.

Organize conferences to deploy the Government's Action Program to implement the Politburo's Resolution on socio-economic development, ensuring national defense and security in 6 regions across the country in conjunction with promoting regional and local investment.

The Government and the Prime Minister organized many conferences, meetings, working sessions, business trips, and consulted with associations, businesses, experts, scientists, and international organizations [8] ; reviewed and perfected legal regulations and proposed mechanisms, policies, and solutions within their authority to remove difficulties and create favorable conditions for people and businesses; organized 05 Working Groups to promote disbursement of public investment capital; accelerated progress of key national projects and works; extended the deadline for tax and land use fees [9] , reported to competent authorities on tax, fee, and charge exemptions and reductions, and are developing a plan for global minimum tax [10] ; restructured debt repayment terms, extended debt [11] ; resolutely removed difficulties for corporate bond, stock, and real estate markets [12] .

Assign tasks to each member of the Government to directly work with localities to grasp the situation, remove difficulties and obstacles; focus on supporting businesses to proactively adapt, recover quickly and develop sustainably; actively develop, complete and approve plans, issue Power Plan VIII [13] ; remove difficulties in bidding, purchasing drugs, supplies and medical equipment [14] ; promote administrative procedure reform, improve the investment and business environment [15] ; promote national digital transformation, implement the Project on developing applications of population data, identification and electronic authentication to serve national digital transformation in the period 2022-2025, with a vision to 2030 (Project 06 ) [16] .

Expanding the market, promoting exports [17] , tourism, solving problems related to labor, employment and people's lives [18] . Focusing on directing the handling of long-standing backlog projects (including 8/12 projects, inefficient enterprises, long-term losses , 06 weak commercial banks ...); promote the role of state corporations and groups [19] .

At the same time, focus on developing cultural and social fields, protecting the environment, strengthening national defense and security; promoting the prevention and fight against corruption and negativity, and improving the effectiveness of foreign affairs and international integration.

2.3. Results achieved in the first months of 2023

a) Economically

The macro economy is basically stable, inflation is controlled, growth is promoted, and major balances are ensured [20] .

In very difficult conditions, GDP in the first quarter still maintained growth momentum but not high, only reaching 3.32% over the same period. The consumer price index (CPI) tends to decrease, with an average increase of 3.84% in the first 4 months ^{^[21]} .

The monetary, credit and foreign exchange markets are basically stable; interest rates continue to decrease , with the average lending interest rate decreasing by 0.7% compared to the end of 2022 [22] ; liquidity of the banking system is guaranteed; Cashless payments achieve positive results ^{^23]} .

State budget revenue for the first 4 months is estimated at 632.5 trillion VND, equal to 39% of the year's estimate. Trade surplus is 7.56 billion USD (same period trade surplus is 2.25 billion USD) . Disbursement of public investment capital increased by 15 trillion VND over the same period .

The National Master Plan has been announced and many national, regional, provincial and municipal plans have been approved [24] .

The agricultural sector continued to develop steadily, affirming its important supporting role in the economy during difficulties ; rice output in the first 4 months reached 12.6 million tons; new rural construction achieved positive results [25] .

The index of industrial production (IIP) recovered in April, up 3.6% compared to March and up 0.5% year-on-year.

Trade and services continued to grow strongly ; total retail sales of goods and consumer service revenue in 4 months increased by 12.8% ; attracted 3.7 million international visitors.

Prestigious international organizations continue to positively assess and forecast Vietnam's economic prospects in 2023 and the coming time [26] .

Focus on implementing many key and important national transport infrastructure projects (simultaneously starting construction of 12 North-South expressway projects with a total length of 723.7 km [27] ; in June 2023, striving to start construction of Ho Chi Minh City Ring Road 3 , Hanoi Ring Road 4 ; promoting the progress of Long Thanh International Airport...); completing and putting into use 310 km of expressway (routes: Mai Son - National Highway 45, Phan Thiet - Dau Giay, Nha Trang - Cam Lam, Phan Thiet - Vinh Hao) and a number of coastal roads (Quang Ninh, Phu Yen, Binh Thuan, Binh Dinh) [28] .

Many backlogged and prolonged issues and projects have been actively handled, achieving initial results ; inaugurated the Song Hau 1 and Thai Binh 2 Thermal Power Plants after many years of interruption; actively implementing the Politburo's Conclusions on restructuring the Shipbuilding Industry Corporation, the Vietnam Development Bank and weak commercial banks; 03 fertilizer plants are restructuring their loans, initially making profits (Ha Bac, Ninh Binh and DAP No. 2 Lao Cai)...

b) On culture, society and environment

Continue to effectively implement policies for people with revolutionary contributions, social protection, and ensure social security [29] . Organize the Lunar New Year of Quy Mao 2023 to be joyful, warm, healthy, safe, and economical, ensuring that everyone and every family has a Tet holiday [30] . Focus on developing the labor market [31] ; strengthen the connection between labor supply and demand, support workers in finding jobs, and for the first time pilot a nationwide online job exchange; promptly support people and workers who have lost their jobs or have reduced working hours [32] .

Pay attention to developing social housing, issue a project to build at least 1 million apartments for low-income people and industrial park workers and actively implement a credit package of 120 trillion VND.

Focus on effectively controlling the COVID-19 epidemic and other epidemics; have solutions to gradually and completely resolve difficulties in bidding and purchasing drugs, equipment and medical supplies; increase preferential allowances according to profession for preventive medicine and grassroots health officials to 100% .

Effectively implement the 2018 General Education Program; ensure the progress of the program and content of the 2022-2023 school year; continue to implement the digital university education model; prepare to organize the 2023 High School Graduation Exam and university and college admissions. Direct the implementation of the recruitment plan, manage and effectively use the teacher staffing quota, and overcome the surplus and shortage of teachers.

Actively implement the Strategy for Science, Technology and Innovation Development to 2030; the spirit of entrepreneurship and innovation is constantly spreading [33] . The science and technology market has developed; the establishment of intellectual property is strengthened [34] . Direct the pilot assessment and completion of the Local Innovation Index (PII).

Cultural and social fields are focused on. Many traditional festivals and cultural and artistic activities took place vibrantly; successfully organized many political events, programs, and unique and meaningful artistic activities to celebrate the 93rd anniversary of the Party's founding; 80 years of the birth of the Outline on Vietnamese Culture, 48 years of the Liberation of the South, and National Reunification Day...

Policies on ethnicity, religion, belief, elderly care, child protection, family, gender equality and women's advancement are of concern [35] .

High-performance sports continued to be promoted; in particular, the Vietnamese delegation achieved the highest result at the 32nd SEA Games [36] .

Vietnam's Happiness Index ranking increased 12 places, from 77th in 2022 to 65th in 2023 in the United Nations World Happiness Report.

c) On building and perfecting laws, reforming administrative procedures, improving the investment and business environment; inspection work, handling complaints and denunciations; preventing and combating corruption, negativity and waste

The Government has organized 4 thematic meetings on law-making in the first 4 months of 2023, a total of 16 sessions since the beginning of the term; directed the preparation of 20 draft laws and ordinances to serve the 2nd Extraordinary Session and the 5th Session of the 15th National Assembly; focused on reviewing, amending, supplementing, and promulgating legal documents within its authority, contributing to removing difficulties and promoting socio-economic development [37] .

Organize to collect public opinions on the draft Land Law (amended) in a comprehensive, extensive, substantive and effective manner [38] .

Promote administrative procedure reform [39] ; arrange and perfect the streamlined apparatus, operate effectively and efficiently, reduce focal points and intermediate levels [40] . Correct discipline and order, promote the responsibility of leaders, promote the spirit of daring to think, daring to do, daring to take responsibility for the benefit of the country and the people [41] .

Inspection, examination, prevention and fight against corruption, negativity and waste have been promoted, contributing to strengthening people's trust.

National digital transformation is promoted at all levels, sectors and fields, especially Project 06 and the construction and deployment of national databases [42] .

d) On defense, security, and foreign affairs

National defense and security are strengthened; social order and safety are ensured; closely monitor developments, avoid being passive or surprised; firmly protect independence, sovereignty, unity, and territorial integrity; ensure absolute safety for political events and major holidays.

The fight against crime has achieved many important results, especially in the areas of drugs, smuggling, and human trafficking across borders and at sea, exceeding many targets assigned by the National Assembly [43] , creating positive changes in social order and safety, contributing to gradually building an orderly, disciplined, secure, safe, and healthy society.

Actively implement solutions to remove difficulties and obstacles in fire prevention and fighting; strictly handle the use of alcohol, beer, and stimulants when driving vehicles; traffic accidents reduce in all three criteria [44] .

Foreign affairs and international integration have been proactively, actively, effectively and comprehensively implemented. High-level foreign affairs programs of Party and State leaders have been effectively implemented [45] , actively contributing to deepening bilateral cooperation and promoting the role at multilateral forums.

Economic diplomacy was focused on and achieved many results, contributing to attracting resources for development; completing negotiations on the Vietnam - Israel Free Trade Agreement (FTA) .

Timely deploying forces to participate in the rescue and relief efforts of the earthquake disaster in Türkiye, contributing to enhancing Vietnam's reputation and image in the international arena.

2.4. On existence, limitations, difficulties and challenges

GDP growth in the first quarter of 2023 (reaching 3.32 %) was lower than the same period ( 5.03 % ) ; in which many localities had low industrial production growth, some localities even had negative growth compared to the same period [46] .

Production and business activities face many difficulties, especially in the industrial and construction sectors and the small and medium-sized enterprise sector. Our large, traditional export markets are shrinking [47] ; many businesses lack orders.

State budget revenue tends to decrease [48] ; although the absolute number increases, the disbursement rate of public investment capital in the first 4 months only reached 15.65% of the yearly plan, lower than the same period ( 18.48 %) . Newly registered FDI capital decreased by 17.9%, implemented capital decreased by 1.2% . The total number of newly established and resuming enterprises decreased; the number of enterprises temporarily suspending operations and dissolving increased [49] .

Despite many efforts in reforming administrative procedures and improving the investment and business environment, the requirements have not been met. Due to the accumulation of shortcomings over many years, the corporate bond and real estate markets continue to face difficulties in liquidity and cash flow. The implementation of some policies of the 3 National Target Programs and the 2% interest rate support policy under the Socio-Economic Recovery and Development Program is still slow.

Labor quality sometimes and in some places does not meet market demand, many workers do not have degrees or certificates [50] , there is still a local imbalance in supply and demand; there is a situation of workers losing their jobs in some localities and industrial zones; the unemployment rate among young people is still high [51] ; the number of workers withdrawing social insurance at one time continues to increase [52] .

The lives of a segment of the population are still difficult, especially in remote areas, ethnic minority areas, border areas, and islands. There are still cases of school violence and child abuse that cause public outrage. Diseases, natural disasters, and climate change continue to develop in a complicated manner; security, social order and safety in some areas are potentially at risk; social evils, high-tech crimes, and cybercrimes are becoming more sophisticated and complex.

2.5. About the cause

The results achieved are thanks to the correct, close and timely leadership and direction of the Central Executive Committee, directly and regularly by the Politburo, the Secretariat, the Party and State leaders, headed by General Secretary Nguyen Phu Trong; the support, companionship and supervision of the National Assembly; the drastic, determined participation and close coordination of agencies in the political system; the correct, drastic, unified, methodical, scientific and practical direction and management of the Government, the Prime Minister, all levels, sectors and localities; the support, participation, sharing, trust and active participation of the people, the business community and the support and assistance of international friends.

The above limitations and shortcomings have both objective and subjective causes. The main reason is that the world economic and political situation is changing rapidly, complicatedly, and unpredictably, with many unprecedented developments that exceed forecasts, causing difficulties and putting great pressure on the direction and management work. The economy is highly open, while its internal capacity is still low, its resilience and competitiveness are not high, so it is greatly affected and influenced by external factors.

The long-standing shortcomings and weaknesses of the economy have only now become apparent in difficult conditions, especially in the weak real estate, corporate bond, and banking markets. Analysis, forecasting, and policy responses in some cases are not yet timely and effective. A number of officials and civil servants are not yet resolute, timely, and sensitive, and there is also a mentality of avoidance, fear of responsibility, shirking responsibility, and fear of making mistakes...

2.6. About lessons learned

(1) In leadership, direction and operation, we must always adhere to the Party's guidelines and policies and the State's laws; there must be close and smooth coordination, high determination and great efforts of the entire political system, and the solidarity and unanimity of the entire Party, people and army in accordance with the spirit of "Proactively supporting" , "One call, all respond" , "Unanimity from top to bottom" , "Consistency across the board" .

Promote initiative, creativity, dare to think, dare to do, dare to take responsibility for the common good; Put the interests of the nation and people first and foremost. Be steadfast, consistent, calm, and maintain principles in the face of new difficulties and challenges.

( 2 ) Closely follow reality, respect reality, use reality as a yardstick. Must be comprehensive, comprehensive, grasp the situation, promptly detect shortcomings, newly arising issues, have timely, flexible, appropriate, effective policy responses. Organize implementation resolutely, with focus, key points, unity, consistency, and effectiveness.

For big, difficult, complicated, important, urgent, sensitive, unprecedented issues with many different opinions, it is necessary to discuss them democratically and frankly; consider carefully and thoroughly to make timely, correct, accurate and suitable decisions for the situation.

Resolve work within authority; promptly and fully report to competent authorities any issues beyond authority; do not shirk, avoid, or fear responsibility.

(3) Promote the spirit of self-reliance and self-improvement; the more difficult and challenging it is, the more efforts must be made to rise up. Mobilize and effectively use all resources; harmoniously, closely and effectively combine internal and external resources, central and local resources, and national strength with the strength of the times. Build an independent and self-reliant economy associated with deep, substantive and effective international integration.

( 4 ) Discipline and order must be strictly maintained. Decentralization and delegation of power must be promoted along with resource allocation, responsibility of leaders must be promoted, enforcement capacity must be enhanced, and inspection, supervision and control of power must be strengthened. Central leadership and direction must be promoted, and local, people and businesses must be proactive and flexible.

(5) Taking people and businesses as the center, the subject, the driving force and the goal of development. Strengthening communication, creating social consensus. Promoting cultural values, Vietnamese people and the strength of national solidarity, strongly arousing patriotism, the desire for development, rising from internal strength is fundamental, decisive, external strength is important, breakthrough.

II. MAIN TASKS AND SOLUTIONS IN THE COMING TIME

The world situation in the coming time is forecasted to continue to be complicated and unpredictable, with heavy impacts and influences on many areas, as mentioned above. Domestically, we have opportunities and advantages thanks to a stable political, social and macroeconomic foundation; a number of policies and solutions to remove difficulties and obstacles for production and business have been implemented; many large projects and works have been put into operation and use, contributing to increasing production capacity and promoting growth.

However, difficulties and challenges remain enormous, the economy continues to suffer from the " double impact" of negative external factors and internal limitations and shortcomings that have lasted for many years. We must both perform well the increasingly numerous regular tasks, with increasingly high requirements and demands; and focus on handling long-standing backlog issues and promptly respond to urgent and newly arising issues.

That context requires all levels, sectors and localities to make efforts to overcome difficulties, overcome limitations and shortcomings, strongly promote growth drivers, mobilize and effectively use all resources, continue to focus on resolutely, synchronously and effectively implementing tasks and solutions set out in all fields according to the Resolutions and Conclusions of the Party Central Committee, the Politburo, the guiding ideology in the Closing Speech of the Mid-term Central Conference of General Secretary Nguyen Phu Trong and the Resolutions of the National Assembly, the Government, and the direction of the Prime Minister; focusing on the following key contents:

1. Continue to consistently implement the goal of maintaining macroeconomic stability, controlling inflation, promoting growth, and ensuring major balances of the economy.

Grasp the situation, strengthen analysis and forecasting, promptly issue appropriate and effective policies, avoid being passive, surprised about strategy, or suddenly changing state.

Continue to resolutely and effectively implement the Socio-Economic Recovery and Development Program. Focus on growth drivers (consumption, investment, export) ; make good use of opportunities and create new development space.

Implement a monetary policy that is firm, proactive, flexible, timely, and effective, in synchronous coordination with a reasonable, focused, and key expansionary fiscal policy.

Manage exchange rates and interest rates flexibly and appropriately; focus on directing the banking system to reduce costs, strive to continue reducing lending interest rates; ensure liquidity of the credit institution system; strictly control credit quality, limit bad debt; promote non-cash payments; effectively implement the social housing credit package of 120 trillion VND.

Strengthening the management of state budget revenue, ensuring correct, sufficient and timely collection; thoroughly saving expenditures, especially regular expenditures.

Research and propose to the National Assembly on options for global minimum tax and exemption, reduction, and extension of taxes, fees, and charges in an appropriate and effective manner.

Focus on developing and promoting the role of the domestic market; effectively implementing solutions to stimulate domestic consumption; promoting the campaign "Vietnamese people prioritize using Vietnamese goods" .

Improve the effectiveness of trade promotion, diversify markets, products and export supply chains; Taking advantage of the opportunities of free trade agreements (FTA) signed and promoted negotiations and signing new FTA agreements (of which the FTA agreement with Israel is scheduled to sign in June 2023) .

Accelerate value added tax to contribute to facilitating production and business activities of enterprises.

Strengthen market management, prices, prevention and control of smuggling and trade frauds; Implementing the market price roadmap for educational and health services ... associated with suitable support for policy beneficiaries and the poor.

2. Further promote the construction, institutional improvement and improve the effectiveness and efficiency of law enforcement.

Ensure the progress and quality of law projects and resolutions to submit to the National Assembly; review and remove shortcomings in mechanisms, policies and laws. Focus on acquiring and completing the draft Land Law (amended) . Tighten discipline and discipline; improve public morality; continue to improve the organizational structure, streamline payroll; Implementation of salary reform roadmap [53] .

Urgently complete the mechanism to encourage and protect dynamic, creative cadres who dare to think, dare to do, dare to make breakthroughs for the common good; strictly handle cadres who are afraid of making mistakes, afraid of responsibility, shirking responsibility, and avoiding when performing public duties.

Strengthen administrative procedure reform associated with digital transformation, effectively implement Project 06 , improve the quality of online public services; Continue to improve the business investment environment, improve competitiveness, reduce costs for people and businesses [54] .

Further strengthen the work of preventing and combating corruption, negativity and waste; speed up the progress, complete the investigation, prosecution and bring to trial corruption and negativity cases.

Well performing the inspection, reception of citizens, settling complaints and denunciations right from the grassroots level. Soon solve and remove difficulties and problems related to projects and land in inspection, examination and judgment conclusions in some provinces and cities.

3. Promote the disbursement of public investment capital, strive to disburse the disbursement rate in 2023 to at least 95% ; At the same time, focusing on attracting investment capital and encouraging investment projects in the form of public -private partnership (PPP) .

Speed up site clearance and construction, remove difficulties and obstacles related to land, resources, dumping sites, etc. Make advances, accept, pay, and recover advanced investment capital in accordance with regulations and as soon as there is volume.

Proactively review and transfer capital according to authority between slow-disbursement projects to projects with better disbursement capacity and lacking capital.

Continue to research and propose to the National Assembly to separate compensation, support, resettlement, and site clearance from investment projects to speed up project implementation.

Speed up the progress of key, important national transport infrastructure projects, inter-regional projects and large urban infrastructure projects, and prevent and combat climate change.

Actively remove difficulties, develop the real estate market and social housing [55] ; review and remove obstacles for real estate projects, support the restoration of cash flow for businesses.

4. Promote the restructuring of the economy associated with the renovation of growth model, improve productivity, quality, efficiency and competitiveness.

Strengthen research, development, and application of science and technology, strongly promote the startup ecosystem, innovation, digital transformation, development of digital economy, green economy, and circular economy.

Focus on doing well and accelerate the work of making, appraising and approving plans [56] ; Effectively deploy the VIII electricity planning.

Continue to arrange, restructure, improve efficiency, promote the role of state-owned enterprises participating in key and important national projects. Promote the connection between domestic enterprises and FDI enterprises, participate more deeply in regional and global supply chains.

Strongly promote restructuring between sectors and within sectors. Encourage and support investment in developing ecological, green, and circular agriculture; gradually shift from agricultural production thinking to agricultural economic thinking; have timely solutions to minimize the impact of drought, saltwater intrusion, and climate change (especially the impact of El Nino) .

Focus on reviewing and removing difficulties to soon put into operation key projects and industrial projects, contributing to increasing production capacity and promoting growth. Proactively developing services with potential, advantages, high -tech applications and high added value.

Restructure the tourism market; exploit international tourist markets more effectively; promote and promote the recovery and sustainable development of tourism; develop a variety of tourism products associated with the potential and advantages of each region and locality.

5. Focus on preventing, controlling CIVI-19 epidemics and other diseases; improve the capacity of the health system, quality of medical examination and treatment services; Fiercely remove difficulties, solve problems in bidding, purchase drugs, materials and medical equipment .

6. Organize the 10 - year summary of the Resolution No. 29-NQ/TW of the Central Government on fundamental and comprehensive renovation of education and training.

Continue researching and deploying a digital higher education model; Organizing high school graduation exams and university and college admissions in 2023 seriously, safely and effectively.

Direct the effective implementation of recruitment plans, manage and effectively use assigned teacher quotas, and promptly overcome the surplus and shortage of teachers.

7. Focus on comprehensive and synchronous development of cultural and social fields, ensuring harmonious connection between economic development, culture, society and environmental protection.

Continue to effectively implement the strategy of Vietnamese cultural development; Urgently develop a national target program on cultural development. Preserve and promote cultural values; focus on teaching the voice and writing of ethnic minorities.

Effectively implement the overall program on Vietnamese cultural development 2023-2025 .

Continue to effectively implement the policies of people with meritorious services to the revolution, social assistance, social security, poverty reduction, and improving people's lives.

Develop a plan to adjust the appropriate regional minimum wage.

Effectively implement job creation policies; closely monitor the situation of workers who have lost their jobs and reduce working hours to have appropriate support plans. Promote the effective implementation of 03 national target programs.

Implement well policies on ethnicity, religion, belief, the elderly, gender equality, for the advancement of women, and prevention and fight against social evils.

There are effective solutions to prevent and combat school violence, child abuse and injuries, especially drowning prevention.

Resolutely implement strategies, plans, and action programs to respond to climate change, reduce emissions, and convert energy, aiming to fulfill Vietnam's commitments at COP26.

8. Consolidate and strengthen the potential and accelerate the progress of defense and security modernization, improve combat capacity; Maintain independence, sovereignty and territorial integrity.

Promote combined strength, effectively mobilize resources, build and consolidate a strong, all-people national defense.

Ensure political stability, social order and safety; strengthen crime prevention and control; ensure traffic safety and fire and explosion prevention and control.

Well implement the policy of closely combining national defense and security with socio-economic development in each locality, each field and the whole country.

9. Implementation, comprehensive and effective external activities, international integration, maintaining a peaceful and stable environment for the country 's development.

Continue to bring bilateral relations into depth, essence and efficiency; Promote Vietnam's role in international organizations and multilateral mechanisms.

Promote economic diplomacy, especially in new areas serving digital economic development, green and sustainable development.

Continue to effectively and promptly implement citizen protection, cultural diplomacy and foreign information.

10. Promote information and communication work; Focusing on policy communication, propaganda, cheering good models, creative ways, good examples, good deeds.

Timely prevent bad, toxic, false, and distorted information, especially on cyberspace; promptly fight against and refute wrong views and ideologies, and not let hostile forces take advantage to divide and weaken the Party and the political system.

Do a good job of mass mobilization, promote the role of the Vietnam Fatherland Front, socio-political organizations, and people's organizations, especially in supervision and criticism, contributing to creating social consensus.

* *

National Assembly!

The task of implementing the socio -economic development plan in the coming time is very heavy; requires us to make more efforts and efforts, continue to promote the strength of great unity of the whole nation, the spirit of innovation, self -reliance, self -reliance, consolidation, strengthening the confidence of the people in the Party and the State.

Inheriting and promoting the achieved results and the participation of the entire political system, we will definitely continue to recover quickly, develop the socio-economy sustainably, ensure national defense, security and international integration deeply, substantially and effectively, and fulfill the highest goals and tasks set for 2023, contributing to the implementation of the 5-year plan 2021-2025 according to the Resolutions of the Party and the National Assembly.

The Government respectfully requests and hopes to continue to receive the attention, leadership and direction of Comrade General Secretary Nguyen Phu Trong; the leadership, direction, support, sharing and supervision of the Party Central Committee, the President, the National Assembly, the Vietnam Fatherland Front; the companionship of organizations and people's unions; and the active participation, contributions, enthusiastic and effective support of compatriots and voters nationwide.

Thank you very much./.

[1] Of which: (i) Revenue meets expenditure, total state budget revenue in 2022 is estimated at 1,815.5 trillion VND, an increase of 28.6% compared to the estimate; (ii) Export meets import, trade surplus of 12.4 billion USD; (iii) Sufficient food is produced, exporting over 7.1 million tons of rice (worth 3.45 billion USD) , nearly 55 billion USD of agricultural products; (iv) Energy security is ensured; (v) Labor market recovers well; labor supply and demand are basically guaranteed.

[2] There are 07 exceeding targets: (1) The growth rate of domestic product (reaching 8.02% compared to the plan is about 6 - 6.5%) ; (2) GDP per capita (reaching 4,109 USD compared to the plan of 3,900 USD) ; (3) The number of doctors over 10,000 people (reaching 11.1 doctors compared to the plan of 9.4 doctors) ; (4) The number of patient beds is over 10,000 people (31 beds compared to the plan of 29.5 beds) ; (5) The proportion of the population participating in health insurance (reaching 92.03% of the plan is 92%) ; (6) The ratio of the number of communes meeting the new rural standard (reaching 73.06% compared to the plan is 73%) ; (7) Ratio of collection and treatment of urban solid waste to ensure standards and standards (reaching 96.28% compared to the plan of 89%) .

There are 06 targets achieved: (1) The average consumer price increase rate (reaching 3.15%) ; (2) The proportion of agricultural labor in total social labor (reaching 27.5%) ; (3) The percentage of trained labor with diplomas and certificates (reaching 27%) ; (4) Unemployment rate in urban areas (reaching 2.79%) ; (5) The reduction of poverty rate (reaching 1.17%) ; (6) The ratio of industrial parks and export processing zones is operating with centralized wastewater treatment systems meeting environmental standards (reaching 91%) .

[3] Implementing support policies for people affected by Covid-19 epidemic and social security from 2020 to the end of 2022 according to Resolution 42/NQ-CP (April 9, 2020), Resolution 116/NQ-CP (September 24, 2021), Resolution 68/NQ-CP (July 1, 2021), Decision 08/2022/QD-TTG (March 28, 2022).

[4] Including: (i) The proportion of processing and manufacturing industry in GDP reaches 24.76 % ( the plan is 25.5 - 25.8% ) and (ii) The rate of social productivity increases reaches 4.8% ( the plan is about 5.5%).

[5] The first quarter of some countries: The US increased by 1.6% over the same period; The EU increased by 1.3% , the lowest increase since the second quarter of 2021; South Korea increased by 0.8% , the lowest increase since the first quarter of 2021; Japan increased by 1.6% ; Singapore increased by 0.1% , the lowest growth rate since the first quarter of 2021; Thailand increased by 2.7% .

[6] Recently, Credit Suisse Bank There is a risk of bankruptcy and forced to merge into UBS bank (Switzerland); There are 03 banks in the US bankrupt: First Republic Bank, Silicon Valley Bank and Signature Bank; The situation of real estate market is difficult, sales of houses plummeted in the US, Canada, China ...

[7] Resolutions of the National Assembly: No. 68/2022/QH15 dated November 10, 2022 on the socio-economic development plan for 2023; No. 69/2022/QH15 dated November 11, 2022 on the State budget estimate for 2023; No. 70/2022/QH15 on the allocation of the central budget for 2023...

[8] In the first 4 months of 2023, 398 meetings were held; 110 conferences and ceremonies; 78 international receptions and overseas business trips chaired by the Prime Minister and Deputy Prime Ministers.

[9] The Government has issued Decree No. 12/2023/ND-CP dated April 14, 2023 of the Government extending the deadline for payment of value added tax, corporate income tax, personal income tax and land rent in 2023.

[10] Submitted to the National Assembly to promulgate a Resolution on value added tax reduction; Establishing a working group, organizing seminars, consulting experts and developing plans to submit to competent levels of maximum tax on global minimum.

[11] On April 23, 2023, the State Bank of Vietnam issued Circular No. 02/2023/TT-NHNN regulating the restructuring of debt repayment terms and maintaining debt groups by credit institutions and foreign bank branches to support customers in difficulty.

[12] The Government has issued: Decree No. 08/2023/ND-CP amending and validating a number of articles in the decrees stipulating the offering and transactions of individual corporate bonds; Resolution No. 33/NQ-CP dated 11/3/2023 on a number of solutions to remove and promote the real estate market (real estate) to develop safely, healthy and sustainable.

[13] Decision No. 500/QD -TTg dated May 15, 2023 of the Prime Minister approving the National Power Development Plan for the period of 2021 - 2030, with a vision to 2050.

[14] Submit to the National Assembly for promulgation Resolution No. 80/2023/QH15 dated January 9, 2023 on continuing to implement a number of policies in the prevention and control of the COVID-19 epidemic and the use of drug and pharmaceutical ingredient circulation registration certificates that expire from January 1, 2023 to December 31, 2024; promulgate Decree No. 07/2023/ND-CP dated March 3, 2023, supplementing a number of articles of Decree No. 98/2021/ND-CP dated on the management of medical equipment; promulgate Circular No. 06/2023/TT-BYT dated March 12, 2023 of the Ministry of Health amending and supplementing a number of articles of Circular No. 15/2019/TT-BYT regulating drug bidding at public health facilities.

[15] The Prime Minister has approved the decentralization of 699 administrative procedures in 100 areas under the management of ministries and branches. Ministries and ministerial-level agencies have implemented the decentralization plan for 81 administrative procedures in 15 legal documents; reviewed and simplified 59 priority groups of administrative procedures in 12 areas.

[16] Issued more than 80 million citizen identification cards with electronic chips, activated over 8.5 million VNeID accounts; completed integration of 21/25 essential online public services.

[17] The Prime Minister, Deputy Prime Ministers, Ministers: Ministry of Foreign Affairs, Ministry of Industry and Trade organized many meetings connecting provinces, cities, businesses with our Embassies and Trade Offices abroad.

[18] Organize conferences of the Prime Minister on promoting the labor market, real estate, corporate bonds, etc.

[19] Report to the Politburo to issue the Politburo's Conclusion Notices on summarizing the implementation of Notice No. 40-TB/TW dated September 14, 2017; on that basis, the Prime Minister issued Directive No. 12/CT-TTg dated May 6, 2023 on tasks and solutions to innovate the operations of the State Capital Management Committee at enterprises and improve operational efficiency, promote investment resources of 19 economic groups and affiliated state-owned corporations, truly becoming "an important material force of the state economy".

[20] Of which: (i) Regarding the State budget: Revenue meets expenditure, the State budget revenue in the first 4 months of 2023 is estimated at 632.5 trillion VND, equal to 39% of the estimate, while the policy of extending the deadline for tax and land rent payment has been implemented since mid-April; (ii) Regarding import and export: Export meets import, the first 4 months of the year had a trade surplus of 7.56 billion USD; (iii) Regarding food security: Enough to eat, nearly 3 million tons of rice exported, worth 1.56 billion USD, up 43.6% in volume and 54.5% in value over the same period; (iv) Energy security is ensured; (v) Basically ensuring the balance between labor supply and demand.

[21] CPI in April decreased by 0.34% compared to March, the average of 4 months increased by 3.84% (compared to January increased by 4.89% , the average of 2 months increased by 4.6% , the average of 3 months increased by 4.18% compared to the same period).

[22] The State Bank of Vietnam has twice reduced operating interest rates by 0.5 - 1%/ year in mid-March and early April 2023.

[23] In the first quarter of 2023, the number of non-cash payment transactions increased by 53.51% in quantity compared to the same period. The total number of registered and used Mobile-Money accounts was more than 3.71 million accounts; nearly 8.88 thousand business points were established; 15.3 thousand payment acceptance units; the total number of transactions via Mobile-Money accounts was more than 24.37 million transactions with a total transaction value of more than 1,577 billion VND.

[24] Up to now, 62/111 national, regional and provincial planning have been appraised (of which 18/111 national, regional and provincial planning have been approved; 08/111 planning are undergoing approval procedures ; 36/111 planning have been appraised and are in the process of completion) ; 12 planning are being appraised; 29 planning are in the process of drafting and collecting opinions; 07 planning consultancy organizations are being selected and 01 planning has not been implemented due to lack of qualifications.

[25] By the end of April 2023, the whole country had 6,009 communes (73.2%) meeting new rural standards; 257 district-level units in 58 provinces and cities and 5 provinces were recognized as completing tasks/meeting new rural standards.

[26] IMF forecasts Vietnam's economic growth at about 5.8% ; WB forecasts 6.3% growth; OECD forecasts 6.5% growth.

[27] Groundbreaking ceremony will be held on January 1, 2023 in localities across all three regions of the country.

[28] At the same time, put into operation the infrastructure of Bac Van Phong economic zone (Khanh Hoa), Dong Mit irrigation lake (Binh Dinh), Ea H'Leo (Dak Lak), inaugurated and put into use the passenger terminal T2 of Phu Bai international airport...

[29] Giving gifts to 1.5 million people with revolutionary contributions, total cost 460.6 billion VND. Regular monthly allowance for over 1.1 million people with revolutionary contributions and over 3.3 million social protection beneficiaries.

[30] The Tet relief budget of 63 localities is about 9.5 trillion VND; 18.3 thousand tons of rice were provided for relief and hunger relief during the Lunar New Year and the first crop year for nearly 205 thousand households with 1.2 million people.

[31] The Government issued Resolution No. 06/NQ-CP dated January 10, 2023 on developing a flexible, modern, efficient, sustainable and integrated labor market to quickly restore the socio-economic situation. In the first 3 months of the year, the total number of workers working abroad was 37,923 , reaching 34.48% of the yearly plan.

[32] The Vietnam General Confederation of Labor has implemented support for union members and employees whose working hours have been reduced or whose labor contracts have been terminated, with support ranging from 1 to 3 million VND for union members and from 0.7 to 2.1 million VND for employees who are not union members.

[33] National Startup Festival for Students in 2023 attracts thousands of startup projects and ideas.

[34] In the first two months of the year, 2,713 additional intellectual property protection certificates were granted.

[35] The Prime Minister has issued Decisions: No. 1654/QD-TTg dated December 30, 2022, No. 14/QD-TTg, No. 15/QD-TTg, No. 16/QD-TTg, No. 18/QD-TTg dated January 13, 2023 and No. 21/QD-TTg dated January 18, 2023 to support rice for nearly 200,000 households with 1.2 million people on the occasion of Lunar New Year and the crop gap for 17 provinces with 18,000 tons of rice.

[36] Won 355 medals, including: 136 Gold medals, 105 Silver medals and 114 Bronze medals.

[37] Issued 31 legal documents (19 decrees and 12 normative decisions of the Prime Minister) , 77 resolutions of the Government, 498 individual decisions and 27 telegrams, 11 directives, 398 official dispatches.

[38] There have been over 12 million comments so far.

[39] Ministries and sectors have cut and simplified nearly 2,200 business regulations in 175 legal documents; the Prime Minister has approved the plan to cut and simplify nearly 1,100 regulations of 10 ministries and agencies; ministries and sectors have publicized and updated more than 17,800 business regulations. Provided more than 4,400 online public services on the National Public Service Portal. The National Single Window and ASEAN Single Window Portals have implemented 250/261 online public services of 13 ministries and sectors with more than 55,000 participating enterprises.

[40] 25/26 Decrees on functions, tasks and organizational structure of ministries, ministerial-level agencies, and agencies under the Government have been issued; 17 general departments and equivalent organizations have been reduced, 08 departments under general departments and ministries have been reduced, 145 departments/committees under general departments and ministries have been reduced, 711 divisions under specialized agencies of provincial and district People's Committees have been reduced, and 2,159 divisions and equivalent organizations in 63 provinces and cities have been reduced.

[41] The Prime Minister issued Official Dispatch No. 280/CD-TTg dated April 19, 2023 on rectifying and enhancing responsibility in handling work of ministries, agencies and localities.

[42] The national population database has connected, shared, and cleaned data with 13 ministries, branches, 63 localities, 03 telecommunications enterprises, and EVN to ensure "correct, sufficient, clean, and alive". Resolutely handling the situation of junk SIMs: Receiving 95.6 million requests to verify subscriber information, of which 78.1 million pieces of information (81.6%) were cleaned and synchronized.

[43] In the first 4 months of 2023, the police force investigated and clarified 12,308 cases, reaching a rate of 82.79% (7.79% higher than the target set by the National Assembly) ; dismantled 82 criminal gangs. Detected and handled 1,960 cases of crimes related to economic management order; 292 cases of crimes related to corruption and positions; 9,766 cases of drug crimes; 210 cases of crimes related to the environment and food safety.

[44] In the first 4 months of the year, the number of traffic accidents decreased by 17% ; the number of deaths decreased by 16.7% ; the number of injuries decreased by 5.7% compared to the same period.

[45] 17 foreign leadership activities have been implemented including 07 delegations, 05 delegations, 04 online talks, phones and 01 online multilateral conference.

[46] In the first quarter of 2023, GRDP of Bac Ninh, Quang Nam, Ba Ria - Vung Tau, Vinh Phuc, Quang Ngai provinces decreased by 11.85%, 10.88%, 4.75%, 2.47%, 1.07% respectively over the same period.

[47] In the first quarter of 2023, import and export turnover of goods decreased by 10% , of which the domestic economic sector decreased by 8.4% and the foreign-invested sector (including crude oil) decreased by 10.5% ; import turnover of goods decreased by 15.5% , of which the domestic economic sector decreased by 14.7% and the foreign-invested sector decreased by 16% .

[48] Accumulated state budget revenue in the first 4 months reached 632.5 trillion VND, equal to 39% of the estimate, equal to 93.1% over the same period in 2022. Of which, domestic revenue in January reached 16.1% ; February reached 7.1% ; March reached 8.6% ; April reached 7.6% of the estimate.

[49] In the first 4 months of the year, the number of newly established and resuming enterprises was 78.9 thousand, down 2.0% ; the number of enterprises temporarily suspending operations and dissolving was 77.0 thousand, up 25.1% over the same period.

[50] According to a report by the Ministry of Labor, War Invalids and Social Affairs, there are currently about 38.1 million workers who have not received primary or higher training.

[51] The youth unemployment rate in the first quarter of 2023 is 7.61% .

[52] The number of people who quit their jobs to receive social insurance benefits in the first 4 months of the year increased by 19.02% over the same period.

[53] Promptly submit to competent authorities the roadmap for reforming wage policies according to Resolution No. 27-NQ/TW of the 7th Central Conference, term XII.

[54] In particular, absolutely do not issue new policies and regulations to incur costs, procedures and time is not necessary for businesses and people. Establishing and organizing effective operation of the special working group, headed by the Ministers, the branches and the presidents of the provincial People's Committee to the team to remove the difficulties and obstacles, and effectively support businesses and production and business.

[55] In particular, focus on synchronously implementing tasks and solutions to achieve the goal of building at least 1 million social housing apartments according to the Project approved in Decision No. 388/QD-TTg dated April 3, 2023 of the Prime Minister.

[56] Quickly complete and promulgate the plan to implement the National Master Plan in conjunction with national planning, regional planning, and provincial planning, ensuring consistency and unity.

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