Strive to achieve 6.5% growth target by 2024

Attending the meeting were Deputy Prime Ministers Tran Hong Ha and Tran Luu Quang; Ministers, Heads of ministerial-level agencies and Government agencies; representatives of a number of committees, commissions and agencies of the Party Central Committee and the National Assembly; leaders of a number of economic groups; Chairmen and Vice Chairmen of People's Committees of provinces and centrally run cities.

Prime Minister Pham Minh Chinh chairs the regular Government meeting in March 2024 and the Government conference with localities. Photo: Duong Giang/VNA

Most sectors achieved better results than the same period in 2023

The meeting focused on discussing and assessing the socio-economic situation in March and the first quarter of 2024, setting out tasks for April and the second quarter of 2024; the direction and administration of the Government and the Prime Minister; the disbursement of public investment and 3 national target programs; supplementing the results of the implementation of the 2023 Socio-Economic Development Plan; the results of the implementation of Resolution No. 110/2023/QH15 of the 6th session of the 15th National Assembly ...

Leaders of ministries, branches and localities assessed that in recent times, the Government and the Prime Minister have directed ministries, agencies and localities to resolutely implement, with focus and key points, closely following reality, grasping the situation, ministries, branches and localities urgently deploying work, responding to policies more promptly with high political determination; increasingly proactive, steadfast, flexible, responsible and effective; promptly removing difficulties and obstacles, focusing on handling outstanding and newly arising issues.

Thanks to that, the socio-economic situation in March 2024 continued to recover positively; the results of March were better than those of January and February; in the first quarter, most sectors achieved better results than the same period in 2023. Many international organizations and experts continued to highly appreciate the results and prospects of Vietnam's economy, of which, ADB forecasted Vietnam's growth in 2024 at 6%, HSBC Bank forecasted an increase of 6.3%; The business environment ranking in 2023 increased by 12 places. The value of Vietnam's national brand reached 431 billion USD, ranking 32/100 strong national brands in the world. The happiness index in 2024 ranked 54, up 11 places compared to 2023.

Delegates said that, besides achievements, there are still many difficulties and challenges that need to be overcome, such as: Production, business, and enterprises still face many difficulties and challenges; inflation and exchange rate pressures are issues that need attention; the financial market, currency, and banking system still have potential risks; many highway and key traffic projects, especially in the Mekong Delta and the Southern region, lack sand for leveling the ground, affecting the construction progress of the projects; the lives of a segment of the population are still difficult...

Local leaders proposed that the Government and the Prime Minister direct ministries and branches to make a number of recommendations such as early approval of a number of important projects in the area, especially infrastructure development projects; transfer and change of land use purposes; continue to specify programs and projects, especially the decentralization of handling procedures for projects under 3 national programs and targets, the project to build 1 million social housing units; overcome the lack of air flights to serve travel needs; complete regulations on marine farming, etc.

After listening to the opinions of the delegates and the answers of the ministries and branches, concluding the meeting, Prime Minister Pham Minh Chinh emphasized that in March and since the beginning of the year, the Government, ministries, branches and localities have focused on directing the drastic and flexible implementation of tasks and solutions according to the Resolutions and Conclusions of the Central Committee, the Politburo, the Secretariat, the National Assembly, the Government, especially the directions of General Secretary Nguyen Phu Trong.

The Prime Minister pointed out "10 positive aspects" in socio-economic development in recent times. In particular, GDP growth in the first quarter reached 5.66%, higher than the same period since 2020; the stock market recovered positively, the VN Index increased by more than 13%, transaction value increased by 28.2%, market capitalization 12.2% compared to the end of 2023; the macro economy continued to be maintained stable, inflation was controlled, major balances were ensured; exports continued to increase, continued to have a large trade surplus, contributing to ensuring the balance of payments; the service and tourism sectors recovered strongly; the financial situation and state budget continued to improve significantly; development investment continued to achieve positive results, creating momentum to promote economic growth; business development continued to increase with a positive trend.

Along with that, cultural and social fields are focused on; social security is ensured; people's lives are improved; administrative reform is focused on, especially cutting and simplifying administrative procedures; preventing and combating corruption and negativity is promoted; politics and society are stable, national defense and security are maintained, social order and safety are ensured; foreign affairs and international integration are promoted.

Representatives of ministries, branches and government agencies attended the meeting. Photo: Duong Giang/VNA

Implement "5 determinations", "5 guarantees" and "5 promotions"

Pointing out 5 shortcomings, limitations, 5 causes, 5 lessons learned; thoroughly grasping the viewpoints on direction and management, the Prime Minister requested that ministries, branches and localities must closely follow the resolutions, directives and directions of the Party Central Committee, the Politburo, the Secretariat, key leaders, the National Assembly, the Government and the Prime Minister. Resolutely not retreating in the face of difficulties, maintaining the spirit, steadfastly pursuing the set goals with higher determination, greater efforts, more drastic and effective actions; taking internal strength as fundamental, strategic, long-term, decisive, external strength as important and breakthrough; promoting the spirit of solidarity, self-reliance, self-reliance, considering difficulties and challenges as motivation to strive forward; focusing on removing difficulties, promoting production and business, creating jobs and livelihoods for people.

At the same time, grasp the developments in the domestic and international situation; improve the capacity for analysis and forecasting; mobilize and effectively use all resources; harmoniously and closely combine internal and external resources, between central and local levels, between national strength and the strength of the times; promote decentralization, delegation of authority, allocation of resources, improve implementation capacity associated with strengthening inspection and supervision; strengthen solidarity and unity; maintain discipline and administrative order; promptly overcome limitations in policy responses of a number of agencies and units; uphold the principles of action, at the same time, based on practical developments to be proactive, flexible and creative in direction and administration; promptly remove bottlenecks, difficulties and obstacles; proactively resolve within authority, not waiting for reliance and promptly propose and recommend issues beyond authority. In all cases, it is necessary to ensure political and social stability; strengthen national defense and security; Strengthening foreign affairs, international integration and promoting information, communication, preventing and combating negative corruption, creating social consensus.

To prove his guiding and operating viewpoints, the Prime Minister said that without high determination, great efforts, and drastic actions, the implementation of electronic invoices in the petroleum business would hardly reach 99.6% as it is now; or after many years of delay, the construction of the 500 kV power transmission line circuit 3 Quang Trach - Pho Noi will be completed by the end of June after only more than half a year of implementation.

Regarding the main tasks and solutions in the coming time, emphasizing the effort to achieve the growth target of 6.5% in 2024, the Prime Minister requested to implement "5 determinations", "5 guarantees" and "5 promotions".

In which, promoting the spirit of "5 determinations" including: Determination to overcome all difficulties, overcome all challenges; Determination to implement, not saying no, not saying difficult, not saying yes but not doing; not being subjective, negligent, losing vigilance with the motto "not being arrogant in victory, not being discouraged in defeat"; Determination to protect cadres who dare to think, dare to do for the common good; think honestly, speak honestly, do honestly, effectively; Determination to improve the investment and business environment, remove difficulties, promote production and business for enterprises, ensure that people and enterprises enjoy real benefits; Determination to strive to achieve the best results in 2024.

According to the Prime Minister, the "5 guarantees" that must be implemented well are: Ensuring synchronous, drastic and effective implementation of tasks and solutions according to the Conclusions of the Central Committee, the Politburo, key leaders, Resolutions of the National Assembly and the Government; ensuring macroeconomic stability, major balances of the economy and controlling inflation; ensuring healthy, public and transparent development of all types of markets such as the real estate market, capital market, etc.; ensuring full conditions for implementing the new salary regime from July 1, 2024; ensuring social security, security, safety and security of the people; strengthening the prevention and fight against corruption, negativity and waste; firmly protecting independence, sovereignty, unity and territorial integrity.

Along with that, the head of the Government also requested to focus on implementing the "5 boosts": Boosting economic growth in all areas, including continuing to renew traditional growth drivers and promoting new growth drivers; promoting economic transformation towards green transformation, developing digital economy, circular economy, knowledge economy, sharing economy and emerging industries and fields. Boosting the mobilization of all social resources for development investment; resolving difficulties and obstacles, facilitating production and business, creating jobs and livelihoods for people; not creating more barriers for people and businesses; handling and resolving long-standing problems and projects. Boosting 3 strategic breakthroughs, on institutional improvement; developing a synchronous and modern infrastructure system; developing human resources to serve development in the new period. Promote foreign affairs and international integration, consolidate and enhance Vietnam's position and prestige in the international arena; promptly concretize and effectively exploit international treaties and agreements of high-ranking leaders. Promote the application of science and technology; innovation and entrepreneurship; promote national digital transformation, effectively implement Project 06 and the National Data Center.

Assigning specific tasks to each ministry, sector and locality, Prime Minister Pham Minh Chinh requested and believed that ministries, sectors and localities would grasp the situation, respond to policies promptly; unite and agree; actively and proactively resolve work according to their functions, tasks and authority; operate resolutely and effectively, coordinate closely... to successfully carry out the assigned tasks.

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