Strive for GDP growth rate to reach the upper limit
The Government has just issued Resolution No. 93/NQ-CP on key tasks and solutions to promote growth, control inflation and stabilize the macro-economy.
The Resolution clearly states that the Government aims to continue to prioritize promoting growth associated with consolidating and maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy.
Harmoniously and effectively manage and reasonably balance growth and inflation control; strive for GDP growth rate to reach the upper limit of the target assigned by the National Assembly (6 - 6.5%), and control CPI growth rate to reach the lower limit of the target assigned by the National Assembly (4 - 4.5%).
The Government's motto is to be courageous, not subjective, negligent, or lose vigilance, but also not pessimistic or fearful. Closely monitor the situation, analyze, forecast, and have timely, appropriate, and effective policy responses in the spirit of proactive "attack and defense" early, from afar, right from the starting point, from the grassroots.
Immediately remove bottlenecks, difficulties and obstacles, especially legal issues for production and business.
All levels, sectors and localities need to promote the spirit of determination to reform and innovate, identify the difficulties and problems of enterprises and people as their own difficulties and problems, proactively and actively focus on removing and resolving them within their authority, not waiting for help, not pushing or avoiding, and promptly proposing and recommending issues beyond their authority.
Develop a solution for SCB Bank
The Government requests the Ministries of Home Affairs, Finance, and Labor, War Invalids and Social Affairs to promptly implement salary policy reforms, adjust pensions, social insurance benefits, incentives for people with meritorious services, and social benefits according to a roadmap and appropriate and effective steps to implement resolutions and conclusions of competent authorities.
The Ministry of Construction closely monitors the situation, strengthens coordination with relevant agencies and localities, proactively finds solutions to remove difficulties and obstacles, and effectively handles issues arising in the real estate market.
The Ministry of Construction, the State Bank of Vietnam and localities must review and thoroughly evaluate the reasons for the slow disbursement of the VND120,000 billion social housing credit package.
The Ministry of Transport promptly has solutions and appropriate support policies for aviation businesses to maintain flight routes and the number of commercial aircraft, limit the impact on ticket prices, people's travel and develop domestic tourism.
Continue to handle outstanding and prolonged issues within the deadline directed by the Government and the Prime Minister. The Ministry of Finance urgently completes the submission documents on handling debts under the Government's responsibility at SBIC.
The State Bank of Vietnam urgently completes the plan for compulsory transfer of banks under special control in June 2024, and develops a plan to handle Saigon Commercial Joint Stock Bank (SCB). The Ministry of Industry and Trade urgently completes the plan to handle the Phuong Nam Pulp Mill project.
The Capital Management Committee urgently completes the handling plan for: Dung Quat Shipbuilding Industry Company Limited, Vietnam - China Steel Factory, Phase 2 production expansion project - Thai Nguyen Iron and Steel Factory; and removes difficulties for Vietnam Airlines Corporation.
The Ministry of Health urgently has a plan to handle the investment projects to build the second facility of Bach Mai Hospital and the second facility of Viet Duc Friendship Hospital, without further delay, promptly report and propose issues beyond its authority.
The Ministry of Finance shall preside over and coordinate with ministries, agencies and localities to closely monitor the situation, proactively forecast, calculate and update inflation scenarios to develop an overall price management scenario.
Ministries, agencies and localities, according to their assigned functions and tasks, proactively assess the impact on inflation, calculate and prepare plans and roadmaps to adjust prices of goods and services managed by the State, especially electricity, tuition fees, medical examination and treatment service prices, etc. when there is room and conditions allow, at an appropriate level and time, avoiding concentrating at the same time.
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![[Photo] Prime Minister Pham Minh Chinh chairs Government Conference with localities on economic growth](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/2/21/f34583484f2643a2a2b72168a0d64baa)
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