(To Quoc) - Deputy Minister of Planning and Investment Tran Quoc Phuong said that the Prime Minister has directed the need to promote the improvement of tourism products, while researching and supplementing support solutions to attract international tourists. One of the important measures is to improve visa policies, including considering temporary visa exemptions for some groups of tourists, in order to create more favorable conditions to encourage international visitors to come to Vietnam and stay longer.
Creating a solid foundation for double-digit growth
On the afternoon of February 5, at the regular Government press conference in January 2025, providing information on specific solutions to achieve the economic growth target of 8% or more, Deputy Minister of Planning and Investment Tran Quoc Phuong said that at the 8th Session, the National Assembly passed a Resolution on the Socio-Economic Development Plan for 2025 with a gross domestic product (GDP) growth rate of about 6.5-7% and a target of about 7-7.5%. The average consumer price index (CPI) growth rate is about 4.5%.
However, the Central Committee has recently issued a resolution directing the adjustment of the growth target for 2025 to 8% or more. This is a very important target, which will contribute to creating a solid foundation to achieve a double-digit growth rate (over 10%) continuously for many years to come, especially in the context of many important events in the country.
Deputy Minister of Planning and Investment Tran Quoc Phuong informed at the press conference on the afternoon of February 5.
To implement the Central Committee's resolutions with the target of economic growth of 8% or more in 2025, under the direction of the Government and the Prime Minister, the Ministry of Planning and Investment has fully prepared the necessary contents and documents.
First, the Government will submit a Report to the National Assembly at the upcoming extraordinary session, proposing adjustments to a number of important economic indicators. At the eighth session, the National Assembly also assigned the task of reviewing and adjusting the corresponding indicators to ensure the growth target of over 8%, while balancing important factors such as investment, budget, inflation and other macroeconomic indicators. Regarding the dossier, the Ministry of Planning and Investment will submit it to the Government before submitting it to the extraordinary session of the National Assembly for consideration and approval.
Second, the Ministry of Planning and Investment has prepared a separate draft resolution of the Government to implement this important task.
Regarding the main content of the resolution, the core objective is to specify the growth target of 8% or more, in accordance with the direction of the Central Government. Accordingly, the Government will issue a resolution, in which specific growth targets are assigned to each locality across the country, and at the same time, identify a number of key targets for ministries and branches at the Central Government.
In the process of drafting the content of this resolution, the Ministry of Planning and Investment has conducted a thorough review, closely following the documents, resolutions and conclusions of the Central Committee, the Politburo and the Government. On that basis, we propose to set goals that are suitable to reality, ensuring feasibility instead of rigidly imposing them on each locality.
In terms of viewpoint and implementation spirit, to achieve the growth target of 8% or more, we need to have high determination, great effort and drastic action.
Comprehensive solutions across all sectors and fields have been outlined in Resolution 01 of the Government. However, with the requirement for higher growth, the intensity of implementation of these solutions must also be increased accordingly. This requires all ministries, sectors and localities to be determined to implement at a higher level, even double that of before. Simply put, each individual and each unit must work at double the current productivity to achieve the new growth target.
Regarding specific solutions, the Ministry of Planning and Investment recommends focusing on the following key areas: First of all, perfecting the legal system. We need to closely follow the guiding viewpoints of the Central Government and the Prime Minister, in which institutions are identified as an important resource for development and are considered a breakthrough of breakthroughs. Therefore, continuing to promote the work of perfecting the legal system in 2025 is still an urgent requirement.
Deputy Minister Tran Quoc Phuong said that it is necessary to focus on a number of key tasks, of which boosting investment is the top priority. Investment has long been identified as an important driving force, having an immediate impact on economic growth.
In particular, regarding public investment, we need to continue to effectively use public investment capital, ensuring that projects are implemented quickly, on schedule and bring practical value. This morning, the Prime Minister also directed to save regular expenditures, cut unnecessary expenditures, and strive to reduce the proportion of regular expenditures to below 60% of the state budget, in order to allocate more resources for development investment. In addition, public investment also needs to be further promoted, especially through the early implementation of a number of important projects.
Regarding the state-owned enterprise sector, Deputy Minister Tran Quoc Phuong said that after the streamlining according to Resolution 18, it will create space and opportunities for enterprises to develop, especially leading enterprises with large projects that have spillover and leadership effects, thereby promoting economic development.
Regarding attracting investment from domestic private enterprises, the Deputy Minister said that in addition to improving the business investment environment, it will promote the increase of newly established enterprises in 2025, while removing obstacles to unclog the bond, real estate, and stock markets.
Regarding exports, Mr. Tran Quoc Phuong said that 2025 will face many major challenges related to protectionist policies and US tax policies. Therefore, it is necessary to carefully analyze the situation, make the most of signed free trade agreements (FTAs), and open up new markets. At the same time, ensure the structure between input and output.
For consumption, it is necessary to promote the purchasing power of the domestic market. In January 2025, the consumer price index (CPI) in January increased by 3.63% over the same period; supply and demand, prices of goods are stable, there is no phenomenon of sudden price increases, taking advantage of artificial scarcity of goods to make illegal profits.
Tourism is identified as one of the key sectors.
Also according to Deputy Minister Tran Quoc Phuong, in the Government meeting on the morning of February 5, the Prime Minister emphasized two main groups of driving forces that need to be focused on promoting.
Firstly, industrial production, especially processing and manufacturing industry. According to Deputy Minister Tran Quoc Phuong, in addition to attracting investment in new projects, there should be policies to support and create conditions for existing projects to expand production and business, thereby increasing the growth rate of this sector. At the same time, the agricultural and construction sectors also need special attention to ensure sustainable growth momentum.
Second, the service sector, of which tourism is identified as one of the key sectors. In 2024, Vietnam's tourism had a strong recovery after the COVID-19 pandemic, creating an important foundation to continue achieving high growth in 2025.
The Prime Minister directed that it is necessary to promote the improvement of tourism products, and at the same time study and supplement support solutions to attract international tourists. One of the important measures is to improve visa policies, including considering temporary visa exemptions for some groups of tourists, in order to create more favorable conditions to encourage international visitors to come to Vietnam and stay longer.
Scene of the press conference on the afternoon of February 5.
In addition to traditional growth drivers, the Prime Minister has also directed the promotion of new growth drivers. Currently, Vietnam is in a very good position on the global technology map, especially in the field of AI and other high technologies. This is an important advantage and opportunity for Vietnam to make a breakthrough in the field of science and technology, creating new growth drivers.
The Prime Minister emphasized that the Government has recently promptly issued Resolution 03, proposing many important solutions and assigning specific tasks to ministries and branches to implement Resolution 57 of the Politburo on promoting innovation, science - technology and digital transformation.
"Therefore, we need to start implementing it right from the first months of 2025, to create a foundation for the next 5-year period, aiming for double-digit growth in the future," Deputy Minister Tran Quoc Phuong emphasized./.
Source: https://toquoc.vn/day-manh-cai-tien-san-pham-du-lich-xem-xet-mien-thi-thuc-co-thoi-han-cho-mot-so-nhom-du-khach-20250205191153926.htm
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