(Dan Tri) - The Deputy Minister of Planning and Investment said that if the leading localities grow higher than the level achieved in 2024, it will be a huge driving force for the country's growth this year.
Economic locomotives will be a huge driving force for the country's growth.
Regarding the GDP target for 2025, at the regular Government press conference this afternoon (January 8), Deputy Minister of Planning and Investment Nguyen Duc Tam said that Resolution No. 158 of the National Assembly approved the economic growth rate for 2025, expected from 6.5-7%, striving for 7-7.5%.
However, in the context of the new situation, the Government has requested all levels, sectors and localities in directing, operating and managing to strive for growth of at least 8% or double digits in more favorable conditions.
In particular, the GRDP growth requirement is very high for "locomotive" localities such as Hanoi, Ho Chi Minh City, Binh Duong, Dong Nai... at a minimum of 8-10%. "If these localities grow higher than the level achieved in 2024, it will be a huge driving force for the country's growth," said Mr. Tam.
Regarding the growth base for this year and the following years, Deputy Minister Tam said that despite many difficulties, Vietnam has inherited the growth momentum and economic recovery, continuing the high growth momentum of 2024.
In which, the completion of the institutional system, the streamlining of the apparatus, and the improvement of effectiveness and efficiency are the driving forces that will help economic growth achieve many high results.
The second basis, according to the leader of the Ministry of Planning and Investment, is to promote growth associated with macroeconomic stability, control inflation, and ensure major balances of the economy.
According to the Deputy Minister, in 2024, although we have exempted, reduced, and postponed taxes of about 197,000 billion VND, revenue still increased at the end of the year, about 337,000 billion VND.
"This shows that if we create favorable conditions for businesses, we will earn more, businesses will return to operations and have more confidence in the economy," said Deputy Minister Nguyen Duc Tam. He also added that since the beginning of this year, the Government has issued tax exemptions, reductions, and deferrals for businesses and people until the end of June.
Vietnam enjoys the growth momentum and economic recovery, continuing the high growth momentum of 2024 (Photo: Hai Long).
Renewing traditional growth drivers
Leaders of the Ministry of Planning and Investment said they will continue to renew traditional growth drivers of investment, stimulate consumption, and promote trade and exports.
Regarding investment, Mr. Tam said that this year's plan, the total public investment capital that ministries and local branches must disburse is about 295,000 billion VND, together with the amount carried over from 2024, will be more than 300,000 billion VND.
"If we can disburse all of this capital, it will create momentum to attract other economic sectors to promote growth momentum," said Mr. Tam.
The next basis given by Mr. Tam is the maximum mobilization of social resources, effective exploitation of resources from state-owned enterprises, and strong development of private enterprises.
Along with that, Vietnam also builds international financial centers in Ho Chi Minh City and Da Nang, free trade zones in some key economic localities.
"This is a new game to attract more resources. If we do this successfully, there will be more resources for economic growth," the Deputy Minister emphasized.
Source: https://dantri.com.vn/kinh-doanh/lanh-dao-bo-khdt-neu-co-so-de-gdp-nam-nay-dat-8-10-20250108171705326.htm
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