Reduce intermediaries, reduce connections

Speaking at the conference to review the work of 2024 and deploy tasks for 2025 of the Ministry of Planning and Investment (MPI) on the morning of December 28, Prime Minister Pham Minh Chinh assessed that the MPI sector has performed well its role as a strategic advisory agency, focal agency, and macroeconomic coordination agency.

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Prime Minister Pham Minh Chinh speaks at the conference. Photo: VGP

Besides the achieved results, the Prime Minister also pointed out some shortcomings and limitations that need to be overcome in the coming time and lessons learned.

Accordingly, the Prime Minister emphasized that we must have the mindset of turning nothing into something, turning difficult into easy, turning impossible into possible, turning the unimportant into the important. We must know how to overcome ourselves, overcome our limits, not be satisfied with what we have but must strive, aim for new records, conquer new heights. Absolutely do not be subjective, negligent, or lose vigilance.

The Prime Minister also mentioned focusing on summarizing Resolution 18, promoting the arrangement and streamlining of the apparatus. According to the policy, the Ministry of Planning and Investment will merge with the Ministry of Finance.

“The merger does not eliminate any of our ministries’ tasks and powers, it only strengthens, consolidates, and improves capacity and efficiency. Of course, the arrangement must reduce intermediaries, reduce focal points, reduce staff, restructure, improve quality, and arrange appropriately,” said the Prime Minister.

The head of the Government also said that the implementation of streamlining the apparatus is at its most drastic stage, with the spirit of Party direction, National Assembly consensus, and people support, "there is no need to retreat, only to discuss action".

Cut to less than 3,000 medium-term public investment projects

In 2025, the Prime Minister emphasized that the science and technology sector needs to continue promoting the spirit of 5 "pioneers".

That is, pioneering in innovative thinking, thinking deeply and doing big things, looking far and wide, saying what to do, doing what to do must be effective.

Pioneer in building and perfecting institutions, because institutions are resources and driving forces for development. Pioneer in leading and attracting resources.

Pioneer in innovation, digital transformation, green transformation, circular economy development, sharing economy, night-time economy and economic restructuring.

Pioneer in building national database to make policies based on national database scientifically and effectively.

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Prime Minister Pham Minh Chinh, on behalf of the Party and State leaders, presented the First Class Labor Medal to Minister of Planning and Investment Nguyen Chi Dung. Photo: VGP

The Prime Minister also requested the Planning and Investment sector to continue to do better in planning and coordinating the macro economy, and develop scenarios for acceleration and breakthrough with a growth target in 2025 higher than the targets assigned by the Central Government and the National Assembly.

Along with that, promote disbursement of public investment capital, continue to cut the number of medium-term public investment projects for 2026-2030 (ensuring less than 3,000 projects), focus capital on promoting the implementation of strategic infrastructure works to exploit new development spaces, underground space, sea space, and outer space.

The Prime Minister requested that by 2025, at least 3,000km of expressways must be completed, with the expressway from Cao Bang to Ca Mau opened; the Lao Cai - Hanoi - Hai Phong railway line must be started; the North - South high-speed railway project must be well prepared; the inner-city railway lines in Hanoi and Ho Chi Minh City, major airport and seaport projects must be implemented; national digital infrastructure and innovative infrastructure must be developed...

At the same time, focus on restructuring the economy in conjunction with innovating the growth model and proposing the implementation of new economic models, promoting new growth drivers and green growth models. Promote foreign investment attraction in conjunction with improving the business investment environment, enhancing publicity and transparency. Promote innovation, start-ups and enterprise development.

In addition, it is necessary to promote the improvement of the quality of statistical work, with the main viewpoints being honesty, objectivity, accuracy, timeliness and transparency.

Minister of Planning and Investment: Double-digit growth to become a high-income country “In the next 20 years, our country must have high growth, striving for double-digit growth, or 10% or more, to realize the goal of becoming a high-income country by 2045,” Minister of Planning and Investment Nguyen Chi Dung said at the summary conference on the morning of December 28.