(Chinhphu.vn) - On April 3, Prime Minister Pham Minh Chinh chaired the regular Government meeting in March 4 and the Government's online conference with localities.
According to the program, the meeting discussed and evaluated the socio-economic situation in March and the first quarter of 3, the disbursement of public investment capital and 2024 national target programs; the implementation of Resolution 3 of 01 of the Government, the direction and administration of the Government in March and the first quarter of 2024; Additional assessment report on the results of implementing the 3 socio-economic development plan; along with some other important content.
Delegates focused on assessing the situation in March and the first quarter, the direction and administration of the Government and local authorities; achieved results, existing problems, and limitations; Analyze causes and lessons learned; Assessing the situation in April and the second quarter; Set out key tasks and solutions in the coming time.
Regarding direction and administration, reports and opinions at the consensus assessment session, in March and from the beginning of the year until now, the Government, ministries, departments, branches and localities have focused on directing Drastically, flexibly and creatively deploy tasks and solutions according to resolutions and conclusions of the Central Committee, Politburo, Secretariat, National Assembly, Government and direction of General Secretary Nguyen Phu Trong .
Accordingly, we have focused on directing the organization of a joyful, healthy, safe, thrifty, and meaningful Lunar New Year, not leaving anyone without a Tet.
The Government promotes the work of building and perfecting institutions, completing and submitting to the National Assembly for approval the Land Law (amended) and the Law on Credit Institutions (amended) at the 5th extraordinary session; Prepare draft laws for the 7th session of the National Assembly; Organized 3 thematic sessions on law making, reviewed and commented on 19 draft laws, ordinances, and resolutions.
The Government and Prime Minister issued 36 legal documents (31 decrees, 5 normative decisions). The Prime Minister issued 10 directives and 27 telegrams, focusing on handling urgent and newly arising issues.
Along with that, approve, amend and supplement strategies, programs, plans, schemes and planning; including the Plan for implementing Electricity Planning VIII. Organized many important conferences with the business community, experts, scientists, international organizations, heads of representative agencies abroad...
Organize the second session of the Socio-Economic Subcommittee of the 5th Party Congress; Submit to the Politburo the Proposal and Outline of the 10-year evaluation report of implementing the 2021-year socio-economic development strategy 2030-5, directions and tasks for 2026-year socio-economic development 2030-XNUMX.
Effectively deploy many important foreign affairs and international integration activities; negotiating and signing international treaties and agreements, including upgrading Vietnam-Australia relations to a comprehensive Strategic Partnership and many other important foreign affairs events.
Reports and opinions at the meeting also agreed to assess that, in general, the socio-economic situation in March 3 continues the positive recovery trend; March results were better than January and February; In general, in the first quarter, most fields achieved better results than the same period in 2024. The first quarter of 3 was generally better than 1, with outstanding "2 positive aspects".
First, GDP growth in the first quarter reached 5,66%, higher than the same period in 2020 and higher than the proposed scenario. All three regions are developing well: Agriculture increased by 3%, industry and construction increased by 2,98%, and services increased by 6,28%.
The economic structure has shifted in a positive direction (agriculture only accounts for 11,77%, industry and construction accounts for 35,67%, services accounts for 43,48%, taxes minus product subsidies account for 9,02%). %).
Some localities had high increases in processing and manufacturing industries over the same period (Quang Ninh increased by 39,9%, Phu Tho increased by 27,7%, Bac Giang increased by 24%, Thanh Hoa increased by 18,6%, Ha Nam increased by 17,9%, Ninh Thuan increased by 17,4%, Tay Ninh increased by 14,4%, Hai Duong increased by 12,8%.
Second, the macroeconomy continues to be stable, inflation is controlled, major balances are guaranteed (export is enough - trade surplus is 8,08 billion USD; making enough food - export is over 2 million USD). tons of rice, worth 1,37 billion USD; energy and food security, labor supply and demand are guaranteed).
Consumer price index in March decreased by 3% compared to February; The average increase in the first quarter is 0,23% (the same period in 2 is 3,77%; the National Assembly target is about 2023-4,18%). Exchange rates are managed proactively and flexibly; Interest rates continue to trend downward.
Third, exports continue to increase, trade surplus continues to be large, contributing to ensuring the balance of payments. Import-export turnover in March reached 3 billion USD, up 65% over the previous month and 35,6% over the same period. Overall, the first quarter reached 12 billion USD, an increase of 178%; of which exports increased by 15,5% (the domestic sector increased by 17%, higher than the FDI sector increased by 26,2%), imports increased by 13,9%, trade surplus was 13,9 billion USD.
Fourth, the service and tourism sectors recovered strongly. Total retail sales of goods and consumer service revenue in March increased by 3% over the same period; Overall, the first quarter increased by 9,2%. The number of international visitors in March reached nearly 8,2 million, an increase of 3% over the same period; Overall, in the first quarter, there were over 1,6 million visits, an increase of 78,6% (up 4,6% compared to the same period in 72 before the COVID-3,2 epidemic).
Fifth, the State's financial and budget situation continues to improve clearly. State budget revenue in the first quarter reached 31,7% of the yearly estimate, up 9,8% over the same period. Public debt, government debt, national foreign debt and budget deficit are well controlled, much lower than regulatory limits. The stock market recovered positively, the VNIndex increased over 13%, transaction value increased 28,2%, market capitalization increased 12,2% compared to the end of 2023.
Sixth, development investment continues to achieve positive results, creating motivation to promote economic growth. Total social investment capital in the first quarter increased by 5,2% over the same period (in the first quarter of 2023 it increased by 3,7%). Disbursement of public investment capital reached 13,67% of the year plan, higher than the same period (10,35%), the absolute number was higher than 16.500 billion VND. FDI attraction reached 6,17 billion USD, up 13,4% over the same period; Realized FDI capital reached 4,63 billion USD, up 7,1% (highest in the past 5 years).
Seventh, business development continues to increase with a positive trend. In March 3, there were 2024 newly registered businesses, an increase of 14.100% compared to February; Overall, in the first quarter, there were 64,3 newly registered businesses, an increase of 2% and 36.200 businesses re-operated, an increase of 6,9% over the same period.
Results of the survey on business trends of enterprises in the manufacturing and processing industry: 82% of businesses expected the second quarter to be stable and better than the first quarter of 2024; In particular, 82,9% of businesses assessed that export orders in the second quarter were stable and increased compared to the first quarter of 2024.
Eighth, cultural and social fields are emphasized; Social security is guaranteed; People's lives are improved. In the first quarter, 93,6% of households assessed their income to be stable or higher than the same period. The average income of workers in the first quarter of 2024 reached 7,6 million VND/month, an increase of 7,8% over the same period.
According to reports from localities, the total amount of money to visit, encourage, and give gifts to social protection beneficiaries is 8.100 billion VND; Poor and near-poor households more than 2.400 billion VND; people with meritorious services and their relatives is 9.200 billion VND; distributed more than 27,1 million free health insurance cards to beneficiaries. Supported more than 17.700 tons of rice on the occasion of Tet and harvest season. Cultural activities, festivals and sports are widely organized, especially during the Lunar New Year.
Ninth, administrative reform is emphasized, especially reducing and simplifying administrative procedures; Prevention of corruption and negativity is promoted, there are no prohibited areas, no exceptions.
Tenth, political and social stability, national defense and security are maintained, social order and safety are guaranteed. Foreign affairs and international integration have been promoted, many foreign affairs activities of Party and State leaders have been successfully organized; Economic diplomacy is promoted; The country's prestige and position continue to be enhanced.
Many international organizations and experts continue to highly appreciate the results and prospects of Vietnam's economy. ADB forecasts that Vietnam will grow by 2024% in 6, HSBC Bank forecasts a growth of 6,3%, Standard Chartered Bank forecasts a growth of 6,7%, S&P forecasts a growth of 6,8%...
Business environment ranking in 2023 increases 12 places. The 2023 Global Innovation Index ranked 46/132, up 2 places. The Human Development Index (HDI) increased 8 places, from position 115 to position 107. Vietnam's national brand value reached 431 billion USD, ranked 32nd/100 strong national brands in the world. The 2024 happiness index ranked 54th, up 11 places compared to 2023...
Speaking in conclusion, Prime Minister Pham Minh Chinh basically agreed with the assessments at the meeting; assigned the Ministry of Planning and Investment and the Government Office to filter and receive opinions, complete reports and draft meeting resolutions, and soon submit them to the Prime Minister for promulgation.
The Prime Minister stated clearly that although the results achieved are basic, our country still has many problems, limitations and challenges.
First, the pressure to direct macroeconomic management, especially inflation, interest rates, and exchange rates is still high due to strong fluctuations in crude oil prices, food prices, interest rates, and exchange rates on the world market; risks in world financial, currency, and real estate markets; The trend of political, economic and social instability continues to increase. It is noted that the USD/VND exchange rate tends to increase and the domestic-world gold price difference needs to continue to be monitored and managed flexibly, promptly and appropriately.
Second, some industrial production sectors recovered slowly; The food and entertainment service sectors have not recovered clearly. Note that the number of aircraft in commercial operation by the end of March 3 decreased compared to the same period in 2024, while demand will increase during the April 2023 holiday and the upcoming summer.
Third, production and business activities in some fields are still difficult; The number of businesses withdrawing from the market is still large. Although lending interest rates have decreased, interest rates on current outstanding loans are still high; Access to capital is still difficult. The implementation of the VND 120.000 billion credit package for social housing is still slow. Difficulties and problems in the real estate market are gradually being resolved, but transaction recovery is still slow.
Fourth, regarding public investment, there is still 32.000 billion VND unallocated; There is a risk of lack of sand for ground leveling for transportation projects and key construction projects, especially in the Mekong Delta and the southern provinces. The work of promulgating plans and implementing approved plans is still slow.
Fifth, social order and safety in some areas and the crime situation, especially cybercrime, are complicated. Traffic accidents increase; There are still serious accidents and fires. The risk of drought, water shortage, saltwater intrusion, especially in provinces and cities in the Mekong Delta, and the possibility of outbreaks of human diseases such as measles, whooping cough, and rabies are increasing quite rapidly.
The Prime Minister stated clearly that the reason for the achieved results is the close leadership and direction of the Central Committee, the Politburo, and the Secretariat, headed by General Secretary Nguyen Phu Trong, and the participation of the entire system. political system; participation and support of people and businesses; cooperation and help from international friends and partners.
Regarding limitations and shortcomings, the objective reason is that the world situation continues to be difficult, while our country is a developing country, the economy is in transition, the starting point is low, the scale is still modest. costs, great openness, limited resilience and competitiveness - just a small change on the outside can have a big impact on the inside.
As for subjective reasons, organizing the implementation of laws and policies is still a weak step; The self-reliance and self-reliance of some agencies and units is not high; The capacity and responsibility of a part of officials and civil servants do not meet the requirements; The decentralization and decentralization of some areas still have institutional problems, especially with regard to newly arising issues; A part of officials and civil servants avoid, push, and fear responsibility; Advise and policy response in some cases is still passive and unexpected...
Basically agreeing with the lessons learned in the report and opinions, the Prime Minister emphasized 5 lessons:
(1) Must firmly grasp the practical situation, respond proactively, promptly, flexibly, at the right time, and effectively.
(2) We must strengthen solidarity and consensus within each agency and unit, solidarity within the entire political system, and solidarity among the entire population.
(3) Actively and proactively handle work according to functions, tasks, and authority, without avoiding or pushing responsibilities; ensure comprehensiveness, comprehensiveness, substance and effectiveness.
(4) Operate decisively, effectively, with focus and focus, get things done; Closely coordinate between ministries, branches and localities to promptly handle and quickly and effectively deploy promulgated mechanisms and policies.
(5) Maintain discipline and discipline; strictly implement legal regulations; At the same time, creatively apply the policies and guidelines of the Party, Resolutions of the Central Committee, the Politburo, the Secretariat, the National Assembly, and the Government.
Regarding direction and administration, the Prime Minister requested to continue closely following the Resolution of the 2021th Party Congress, the leadership of the Central Committee, the Politburo and key leaders, and the Socio-Economic Development Strategy. 2030-5, 2021-year plans for the period 2025-XNUMX, resolutions and directives of the Government and the Prime Minister.
Resolutely not backing down in the face of difficulties, maintaining courage, steadfast in setting goals with higher determination, greater efforts, and more drastic and effective actions. Taking internal forces as basic, strategic, long-term, decisive, external forces as important, breakthrough. Promote the spirit of solidarity, self-reliance, and self-reliance, considering difficulties and challenges as motivation to strive for improvement. Focus on removing difficulties, promoting production and business, creating jobs and livelihoods for people.
Firmly grasp developments in domestic and international situations; Improve analysis and forecasting capacity; mobilize and effectively use all resources; Harmoniously and closely combining internal and external resources, between the Central and local levels, between national strength and the strength of the times, between the strength of domestic and foreign enterprises and the strength of the people . Promote decentralization, decentralization, resource allocation, improve enforcement capacity associated with increased inspection and supervision.
Strengthen solidarity and unity; maintain discipline and administrative discipline; promptly overcome limitations in policy responses of some agencies and units; maintain the correct principles of action, and at the same time, base on practical developments to be proactive, flexible and creative in direction and administration. Timely remove bottlenecks, difficulties and problems; Proactively resolve issues within authority, without relying on reliance, and promptly propose and recommend issues beyond authority.
In all cases, political and social stability must be ensured; strengthen national defense and security; Promote the prevention of corruption and negativity, strengthen foreign affairs, international integration and promote information, propaganda and create social consensus.
Regarding the main tasks and solutions in the coming time, the Prime Minister emphasized the need for the highest and best implementation, striving to achieve and exceed goals and targets in 2024, especially the growth target of about 6,5 .XNUMX%, in the spirit of "Year of determination", "Year of assurance" and "Year of acceleration".
The Prime Minister requested to uphold the spirit of the "Year of determination" including:
(1) Determined to overcome all difficulties and overcome all challenges.
(2) Be determined to do it, don't say no, don't say it's difficult, don't say yes but don't do it; Do not be subjective, negligent, or lose vigilance with the motto "don't be arrogant in winning, don't be discouraged in defeat".
(3) Determined to protect officials who dare to think and act for the common good; At the same time, promote the prevention of corruption, negativity, and group interests.
(4) Determined to improve the investment and business environment, remove difficulties, strengthen decentralization, reduce administrative procedures, and reduce compliance costs for people and businesses.
(5) Determined to make the highest efforts to promote growth drivers, prevent natural disasters and epidemics, and respond to climate change.
The Prime Minister also requested the determination to complete the 500 kV circuit 3 line by June 30 and the two Cam Lam-Vinh Hao and Dien Chau-Bai Vot expressway projects by April 6.
The Prime Minister requested to properly implement the "Five Guarantees" including:
(1) Ensure synchronous, drastic and effective implementation of tasks and solutions according to conclusions of the Central Committee, the Politburo, key leaders, and resolutions of the National Assembly and the Government.
(2) Ensuring macroeconomic stability, major balances of the economy and controlling inflation, creating a favorable foundation and conditions to promote rapid and sustainable growth and development.
(3) Ensuring healthy, open and transparent development of all types of markets, including goods and service markets; labor market; real estate market, capital market (banking, stocks, bonds); science and technology market...; Promote the development of new types of markets such as carbon credit markets, data...
(4) Ensure full conditions to implement the new salary regime from July 1, 7.
(5) Ensuring political stability, social security, security, safety, and people's safety; Firmly protect independence, sovereignty, unity, and territorial integrity.
More specifically on solutions to stabilize the macroeconomy, major balances of the economy and control inflation, the Prime Minister requested proactive, flexible, timely and effective monetary policy management; coordinate synchronously, harmoniously, and closely with reasonable, focused, and key expansion fiscal policies and other policies; ensure adequate supply of credit capital to serve the economy; Closely monitor bad debt situation, ensure system safety; continue to take strong measures to reduce lending interest rates; improve the effectiveness of bad debt handling, capacity, operational efficiency, stability and safety of the banking system; Maintain stable foreign exchange and gold markets, avoiding adverse fluctuations; narrow the difference in domestic - international gold prices; strive to continue to increase state foreign exchange reserves.
Along with that, strive to drastically increase revenue and save state budget expenditures: Focus on deploying the use of electronic invoices, especially in catering, service, and petroleum retail businesses. Create clear changes in preventing revenue loss and tax arrears (striving to reduce arrears to 3-4%). Urgently research and submit to competent authorities for consideration and promulgation of regulations on tax extension and reduction of land rent and water surface rent; promulgate according to authority the policy to reduce fees and charges in 2024.
Drastically implement tasks and solutions to upgrade Vietnam's stock market as soon as possible. Strengthen the security, safety and security of financial, banking and securities information systems. Strengthen price and market management; Definitely don't run out of electricity.
The Prime Minister requested to focus on implementing the "Year of Acceleration", including:
(1) Promote economic growth in all fields, continuing to renew traditional growth drivers (investment, consumption, export) and supplement and promote growth drivers new (green transformation, digital economic development, circular economy, knowledge economy, sharing economy and emerging industries and fields such as semiconductor chips, artificial intelligence, hydrogen...).
(2) Promote the mobilization of all resources to promote production and business, create jobs and livelihoods for people, creating a driving force for rapid and sustainable growth. Promote national digital transformation; Effectively deploy Project 06 and the National Data Center. Promote the resolution of difficulties and obstacles, absolutely do not create additional barriers for people and businesses; Handle and resolve long-standing problems and projects.
(3) Promote 3 strategic breakthroughs in institutional improvement; Build a synchronous and modern strategic infrastructure; training high quality human resources. In particular, strive to complete in April the construction and promulgation of documents guiding the implementation of the Land Law, the Law on Credit Institutions, the Law on Real Estate Business, the Law on Housing...; Prepare well the draft laws presented at the 4th session of the 7th National Assembly.
(4) Promote foreign affairs activities, international integration, consolidate and enhance Vietnam's position and reputation in the international arena. Urgently concretize and effectively exploit international treaties and agreements of senior leaders into specific programs and projects.
(5) Promote the application of science and technology, innovation, and startups at all levels and industries.
Assigning a number of specific tasks to ministries, branches and localities with specific completion deadlines, the Prime Minister assigned the Government Office to synthesize and classify local recommendations for ministries, branches and agencies to resolve. decide according to authority; For issues with differing opinions between ministries and branches, Deputy Prime Ministers according to their assigned fields work directly with ministries and branches to handle them. If beyond their authority, they will report to the competent authorities for consideration. decision./.
