On the morning of March 2, Prime Minister Pham Minh Chinh chaired the Government's regular February meeting.
The Prime Minister emphasized the need to forecast the situation in March, whether there will be any difficulties or advantages in directing and operating. Recently, members of the Government went to the grassroots to resolve work and remove difficulties and obstacles for localities. This is a valuable experience that needs to be promoted in the coming time, helping localities feel that the Government is close to the grassroots.
The Prime Minister emphasized the need to accelerate from the first day, first month, first quarter.
The head of the Government also requested to accelerate from the first day, the first month, and the first quarter. "We are making efforts to welcome large technology corporations in the world that are planning to do business in Vietnam, so we must have measures to attract and retain investors," the Prime Minister noted.
If we do not act quickly, we will miss the opportunity, because last year, Vietnam attracted more than 36.6 billion USD, disbursed 23.2 billion USD, a large number in the current situation. In the first two months of this year, FDI capital attraction was nearly 5 billion USD, FDI capital disbursed was nearly 2 billion USD, although high, there is still room for more. Therefore, measures must be taken to further promote it.
According to the Prime Minister, Vietnam already has the National Innovation Center (NIC), which can attract more large technology corporations to cooperate. Recently, large corporations in the world have also signed cooperation agreements with NIC.
Reporting at the meeting, Minister of Planning and Investment Nguyen Chi Dung said that the socio-economic situation in February continued to show a positive recovery trend, although the results achieved in some areas were not high due to the Tet holiday.
In general, in the first two months, most sectors achieved better results than the same period in 2023. The macro economy was stable, inflation was controlled, growth was promoted, and major balances were ensured. The consumer price index (CPI) in February increased by 1.04% compared to January; the average for the first two months increased by 3.67% (the same period in 2023 increased by 4.6%).
Total import-export turnover in the first two months increased by 18.6%, of which exports increased by 19.2% (domestic sector increased by 33.3%, much higher than FDI sector (14.7%); imports increased by 18%; trade surplus of 4.72 billion USD. State budget revenue in the first two months is estimated at 23.5% of the yearly estimate, up 10.4%.
Energy security and food security are ensured, rice export in 2 months reached 912,000 tons, turnover of 639 million USD, increased by 74.8% and 96.6% respectively over the same period; ensuring balance between labor supply and demand.
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