Prime Minister Pham Minh Chinh speaks at the Government meeting. (Photo: VNA)
Addressing the Government’s regular meeting, the PM pointed out an array of issues like complex developments of the COVID-19 pandemic, soaring global fuel prices that have put pressure on domestic production, business and consumption, flooding and crimes.
He also highlighted lessons drawn in the management work, saying it is a must to build an economy of independence, self-reliance, and intensive, extensive, practical and effective international integration.
Given the above-said difficulties, the PM called for efforts to maintain macro-economic stability, ensure major economic balances, combat the pandemic, protect national independence, sovereignty and territorial integrity in any circumstances, maintain political stability, ensure security, social order and safety, and consolidate and promote internal solidarity and unity.
As public investment disbursement has seen no significant improvements, necessary solutions are needed to accelerate the work, PM Pham Minh Chinh said, ordering drastic measures to implement socio-economic recovery and development programmes.
The government leader also noted the fight against corruption, especially in the stock and real estate markets.
It was reported that the national gross domestic product (GDP) in the first quarter of this year rose 5.03 percent year-on-year.
As much as 562.2 trillion VND worth of social investment was disbursed, up 8.9 percent. The disbursement of the capital sourced from the State budget was 76.3 trillion VND, equivalent to 14.4 percent of the yearly target and up 10.6 percent year-on-year. Meanwhile, 4.42 billion USD worth of foreign direct investment (FDI) was disbursed, up 7.8 percent, the highest level recorded over the past five years.
In the first quarter, the export-import value jumped 14.4 percent to 176.35 billion USD, with export up 12.9 percent.
During the working session in the afternoon, the delegates looked into proposals to build the law on managing the use of State capital invested in production and business at enterprises (amended), the draft law on industrial development and the draft law on health examination and treatment.
They shared the view that such legal documents not only facilitate the management work but also create a legal corridor to serve and boost national development./.