Prioritize macroeconomic stability and promote exports to achieve the growth target of over 8%

The dispatch clearly stated: From the beginning of 2025 up to now, thanks to the Government 's drastic direction , the macro economy has been stable, inflation has been controlled, growth has been promoted, major balances have been ensured; the total import-export turnover of goods of the whole country reached 762.4 billion USD, an increase of 17.4% over the same period last year; of which exports reached 391.0 billion USD, an increase of 16.2% and imports reached 371.4 billion USD, an increase of 18.6%; the trade balance of goods had a surplus of 19.6 billion USD.

However, the world situation is complicated and unpredictable. To further promote export activities to contribute to the realization of the economic growth target of over 8% in 2025, associated with maintaining macroeconomic stability, the Prime Minister requested Ministers, Heads of ministerial-level agencies, Government agencies, Chairmen of People's Committees of provinces and centrally run cities, Chairmen of State-owned corporations and groups to continue to resolutely, synchronously and effectively implement the Resolutions and Conclusions of the Central Committee, the Politburo , key leaders, the National Assembly, the Government and the direction of the Prime Minister. In particular, focusing on implementing the following key tasks and solutions:

Maintain macroeconomic stability, control inflation

The Prime Minister requested ministries, agencies and localities to consistently implement the priority goal of maintaining macroeconomic stability, controlling inflation, ensuring major balances of the economy to create a favorable investment and business environment, promoting rapid and sustainable growth.

In addition, it is necessary to harmoniously, reasonably and effectively combine monetary policy, fiscal policy and other macroeconomic policies to ensure inflation control according to the set target.

The Prime Minister requested the State Bank of Vietnam to: Implement proactive, flexible, timely and effective monetary policies; further strengthen inspection, supervision and strict control of credit flows into production and business... Manage exchange rates and interest rates in accordance with market conditions, ensuring flexibility and effectiveness, contributing to facilitating production and business and attracting investment.

The Ministry of Industry and Trade is required to focus on implementing drastic solutions to strongly promote exports, especially at the end of the year and the beginning of the new year...; Strengthen trade promotion, diversify markets, diversify products, diversify supply chains; Speed up negotiations and signing of bilateral and multilateral trade agreements with potential partners; continue to negotiate reciprocal trade agreements with the United States under the direction of competent authorities.

The Prime Minister also requested the Ministry to focus on supporting localities, industry associations, and businesses to effectively exploit FTAs of which Vietnam is a member...

The Head of Government also requested the Ministry of Finance to continue implementing a reasonable, focused and key expansionary fiscal policy; Review and develop export and import tax rates in line with the international and regional integration roadmap; Research and develop specific support plans for businesses affected by the US's reciprocal tax policy; to be completed by November 2025.

In addition, the Ministry of Finance also needs to direct customs forces to coordinate with relevant units to manage and control the quality of goods during customs procedures, prevent the import of poor quality goods, goods that violate intellectual property rights, and goods with fraudulent origins, etc.

Urgently negotiate and sign new FTAs

The Prime Minister requested the Ministry of Agriculture and Environment to take the lead in implementing the tasks and solutions assigned by the Prime Minister to combat IUU fishing, remove the "Yellow Card" warning, invest in fisheries infrastructure, and digitalize the fisheries sector towards sustainable development of the fisheries sector. At the same time, accelerate negotiations to open markets for Vietnam's strong fruit and vegetable varieties.

Building geographical indications, product brands, granting codes for growing and farming areas, building a strict product traceability system; enhancing research, application of science and technology, innovation, digital transformation in the agricultural sector...

The Ministries of Industry and Trade, Agriculture and Environment, and Foreign Affairs established working groups to promote new markets (Middle East, Africa, Latin America, etc.), resolve problems with existing FTA agreements, and urgently negotiate and sign new FTAs in late 2025 and early 2026.

Chairmen of People's Committees of provinces and centrally run cities shall proactively grasp the existing problems, difficulties and obstacles in production and export activities of enterprises in the area to promptly have solutions to remove them and promote exports according to their authority and legal regulations.

The People's Committees of localities with agricultural products exported across the border regularly update information and situations from border provinces to advise farmers, production facilities, and enterprises processing and exporting agricultural products and fresh fruits in the area to proactively plan production, packaging, delivery, and export of goods to avoid congestion and other adverse impacts.

Corporations, State-owned corporations, and export enterprises: develop effective and flexible production and business plans, import and export in the last months of the year; enhance the application of science and technology, build brands, improve product quality and competitiveness, meet export market requirements; focus on development activities, diversify markets, products, and supply chains.

Source: https://baophapluat.vn/uu-tien-on-dinh-kinh-te-vi-mo-thuc-day-xuat-khau-de-dat-muc-tieu-tang-truong-tren-8.html