Prime Minister: Fully prepare conditions to implement the new salary regime from July 1, 2024

On the morning of April 3, Prime Minister Pham Minh Chinh chaired the regular Government meeting for March 2024 and the Government's online conference with localities.

According to the program, the meeting discussed and assessed the socio -economic situation in March and the first quarter of 2024, disbursement of public investment capital and 3 national target programs.

Assess the implementation of Resolution 01 of 2024 of the Government , the direction and administration of the Government in March and the first quarter of 2024; report on additional assessment of the results of the implementation of the 2023 socio-economic development plan and some other important contents.

High determination, innovative ways to promote work

Prime Minister Pham Minh Chinh. Photo: NHAT BAC

Concluding the meeting, Prime Minister Pham Minh Chinh assessed that although the results achieved were basic, there were still many shortcomings, limitations, difficulties and challenges.

Pressure on macroeconomic management, especially inflation, interest rates, and exchange rates, remains high due to strong fluctuations in crude oil prices, food prices, interest rates, and exchange rates on the world market; potential risks in the world financial, monetary, and real estate markets; and the trend of political, economic, and social instability continues to increase.

The Prime Minister noted that the USD/VND exchange rate tends to increase and the difference in domestic and international gold prices needs to continue to be monitored, managed flexibly, promptly, and appropriately...

Assessing the subjective causes of the shortcomings and limitations, the Prime Minister said that the organization of law and policy implementation is still a weak link. The self-reliance of some agencies and units is not high; in particular, the capacity and responsibility of a number of cadres and civil servants do not meet the requirements.

Prime Minister Pham Minh Chinh requested determination to complete the 500 kV line circuit 3 by June 30 and the two expressway projects Cam Lam-Vinh Hao and Dien Chau-Bai Vot by April 30.

In addition, the decentralization and delegation of power in some areas still have institutional problems, especially with regard to newly arising issues. A number of cadres and civil servants avoid, shirk, and fear responsibility. Policy consultation and response in some cases are still passive and unexpected...

In his concluding remarks, the Prime Minister stated that the use of electronic invoices by petrol retail stores nationwide has now reached 99.96%. This was completed within 3 months, instead of 2 years as reported by ministries and branches.

Similarly, the 500 kV circuit 3 transmission line project has been delayed for many years but is now basically on schedule to be completed by June 2024.

These two examples show the need for strong determination and innovative approaches to promote work, according to the Prime Minister.

'5 determinations', '5 guarantees' and '5 pushes'
Presenting the main tasks and solutions for the coming time, the Prime Minister emphasized the highest and best implementation, striving to achieve and exceed the goals and targets in 2024, especially the growth target of about 6.5%, with the spirit of "5 determinations", "5 guarantees" and "5 promotions".

"5 determinations", including:

(1) Determined to overcome all difficulties and 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; don't be subjective, negligent, or lose vigilance with the motto "don't be arrogant when you win, don't be discouraged when you lose".

(3) Determined to protect cadres 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 greatest efforts to promote growth drivers, prevent natural disasters and epidemics, and respond to climate change.

The Government held its regular meeting in March. Photo: NHAT BAC

"5 guarantees", including:

(1) Ensure synchronous, drastic and effective implementation of tasks and solutions according to the conclusions of the Central Committee, Politburo, key leaders, and resolutions of the National Assembly and Government.

(2) Ensuring macroeconomic stability, major economic balances and controlling inflation, creating a foundation and favorable conditions to promote rapid and sustainable growth and development.

(3) Ensure healthy, public, and transparent development of all types of markets, including goods and services markets; labor markets; real estate markets, capital markets (banks, securities, bonds); science and technology markets...; promote the development of new types of markets such as carbon credit markets, data markets...

The Prime Minister requested drastic implementation of tasks and solutions to upgrade the Vietnamese stock market as soon as possible. At the same time, strengthen the security and safety of financial, banking and stock information systems; strengthen price and market management and absolutely do not allow power shortages.

(4) Ensure full conditions for implementing the new salary regime from July 1, 2024.

(5) Ensure political stability, social security, security, safety and public safety; firmly protect independence, sovereignty, unity and territorial integrity.

Focus on implementing "5 pushes", including:

(1) Promote economic growth in all areas, including continuing to renew traditional growth drivers (investment, consumption, export) and supplementing and promoting new growth drivers (green transformation, digital economic development, circular economy, knowledge economy, sharing economy and emerging industries and fields such as semiconductor chips, artificial intelligence, hydrogen, etc.).

(2) Promote the mobilization of all resources to promote production and business, create jobs and livelihoods for people, and create a driving force for rapid and sustainable growth.

Accelerate national digital transformation; effectively implement Project 06 and the National Data Center. Accelerate the resolution of difficulties and obstacles, absolutely do not create more barriers for people and businesses; handle and resolve long-standing issues and projects.

(3) Promote three strategic breakthroughs in institutional improvement; building synchronous and modern strategic infrastructure; training high-quality human resources. In particular, strive to complete in April the development and promulgation of documents guiding the implementation of the Land Law, the Law on Credit Institutions, the Law on Real Estate Business, the Housing Law, etc.

The Prime Minister also requested good preparation of draft laws to be submitted at the 7th session of the 15th National Assembly.

(4) Promote foreign affairs activities, international integration, consolidate and enhance Vietnam's position and prestige in the international arena...

(5) Promote the application of science and technology, innovation, and startups at all levels and sectors.

Source: PLO

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