Attending the conference were Deputy Prime Ministers Le Minh Khai and Tran Hong Ha; ministers, heads of ministerial-level agencies; leaders of ministries and branches; chairmen and general directors of 38 commercial banks, representatives of the Vietnam Banking Association, associations and industries.
Opening the conference, Prime Minister Pham Minh Chinh said that in recent times, in the face of difficulties and challenges facing the economy, the Government, ministries, sectors, localities, enterprises, banks and people have made efforts to overcome and promote development. However, there are still shortcomings, limitations, difficulties and challenges. In this situation, the Government organized the "Dien Hong" conference to discuss solutions to remove difficulties in credit growth for production and business, promote growth and stabilize the macro economy.
According to the Prime Minister, the world economic situation is facing common difficulties, but each country has its own differences. Global issues require a global approach, promoting multilateralism; national issues require a national approach; however, we must study world experience and creatively apply it to the situation in Vietnam.
The Prime Minister emphasized that banks and enterprises are part of an economic ecosystem. The development of banks and enterprises is related to each other and to the development of the economy. The Platform for national construction during the transition period to socialism has drawn five main lessons, including the lesson of great national unity and the lesson of people making history. We must apply these lessons to build and develop the country, especially in the face of difficulties and challenges.
Vietnam is a developing country, the economy is in transition. Vietnam is building a market economy, oriented towards socialism. Therefore, there must be a roadmap to reduce market management by administrative tools and use market tools to manage the market.
Prime Minister Pham Minh Chinh asked delegates to speak frankly, look straight at the truth; listen to and accept each other's opinions; strive, make efforts, be determined and make concessions and sacrifices; contribute initiatives to overcome difficulties together and develop together, in the spirit of "harmonious benefits and shared risks".
According to the State Bank of Vietnam, as of November 30, credit to the economy reached more than 13 million billion VND, up 9.15% compared to the end of 2022. Of which, outstanding loans to the agriculture, forestry and fishery sector reached about 918.6 thousand billion VND; industry and construction reached more than 3.32 million billion VND, up 7.31%; service sector reached nearly 8.6 million billion VND, up 7.9%. However, credit growth is still low compared to the target; people and businesses' access to capital is still limited...
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