Infographic | Economic Situation

Despite the unstable world situation and heavy damage from storm No. 3 in the country, with the determination to quickly overcome the consequences of storms and floods, soon stabilize people's lives, promote production and business recovery, maintain macroeconomic stability, and actively promote economic growth, the Government and the Prime Minister resolutely directed ministries, branches, and localities to continue implementing solutions to overcome the consequences of storm No. 3; develop the socio-economy, estimate the state budget, and improve the business environment, and enhance national competitiveness in 2024.

In addition, ministries, branches and localities have closely monitored the fluctuations of the world and domestic economic situation, and at the same time made efforts to implement the assigned tasks and solutions, thereby creating trust and support from the people and the business community. Thanks to that, the socio-economic situation in the third quarter and the first 9 months of 2024 of our country continued to have a positive trend, with many important results achieved by sectors and fields, creating momentum for growth in the remaining months of the year.

Entering the fourth quarter of 2024, it is forecasted that our country's socio-economic situation will continue to face many difficulties and challenges because Vietnam's economy is highly open, so it is affected by many risks and instabilities in the world in terms of economy, politics , natural disasters, epidemics, etc. The growth target of 6.8 - 7% in 2024 is a big challenge, requiring the joint efforts and consensus of the entire political system, businesses and people of the whole country. Sectors and levels must strengthen forecasting, proactively and flexibly manage in accordance with the new situation, promptly respond to all arising situations, firmly and effectively implement growth targets associated with macroeconomic stability, actively promote economic growth, control inflation, provide maximum support to the business sector, ensure social security and life.

Source: https://congthuong.vn/infographic-tinh-hinh-kinh-te-xa-hoi-quy-iii-va-9-thang-dau-nam-2024-351035.html