Prime Minister Pham Minh Chinh affirmed that through the vote of confidence, the National Assembly and voters expect more from the Government.
The report of Minister of Planning and Investment Nguyen Chi Dung said that the macro economy in October and the first 10 months of this year was basically stable, with the recovery trend becoming increasingly clear in all three driving forces of investment, domestic consumption and export.
Prime Minister Pham Minh Chinh speaks on the morning of November 4.
NORTH JAPAN
The economy gradually regained growth momentum, each quarter grew faster than the previous quarter, each month was more positive than the previous month.
Notably, at the end of October, the Prime Minister inaugurated the National Innovation Center at Hoa Lac Hi-Tech Park (Hanoi), attracting 41 investment funds to commit to investing 1.5 billion USD in the 3 years 2023 - 2025.
Although the economy has many positive points, according to the Minister of Planning and Investment, the difficulties and challenges are still great, depending largely on global trends and contexts, so it is difficult to change quickly, affecting economic growth in the short term, while creating great pressure on the management and operation of macroeconomic stability, exchange rates, major balances of the state budget, investment, consumption, social security, etc.
According to Prime Minister Pham Minh Chinh, last October saw many important economic, political, social and foreign affairs events, especially the successful 8th Central Conference, the ongoing 6th session of the 15th National Assembly, and vibrant foreign affairs activities...
"Through the vote of confidence, the National Assembly and voters expect and expect more from the Government. Therefore, we have made a determination and must be even more determined. We have made an effort and must make even more effort," the Prime Minister said.
The Prime Minister also pointed out that in October, the world situation continued to change rapidly, with complexity, difficulties, and challenges continuing to outweigh opportunities and advantages, with increasing risk factors in terms of economy, politics, and society, having a major impact on a global scale.
In addition, the economy continues to be affected by the prolonged Covid-19 pandemic; geostrategic and geoeconomic competition is increasing; the conflict in Ukraine is unpredictable, and there is another conflict in the Gaza Strip.
Inflation in many countries has cooled down but remains high; food and energy prices fluctuate widely. Oil prices in September and October fluctuated between 81 and 90 USD/barrel, while in the first 8 months of this year they were between 67 and 83 USD/barrel.
Vietnam's economy is suffering from a "double impact" from adverse external factors and limitations that have existed for many years.
Besides, there are still some difficulties and problems, such as growth has not reached the target, production, business and enterprise activities still have many difficulties, administrative procedures are still cumbersome, some officials are still afraid of making mistakes, afraid of responsibility, avoiding and pushing work, overcoming some shortcomings is still difficult, some long-standing problems have not been completely resolved.
The Prime Minister stated that we only have nearly 2 months left to make every effort to best complete the tasks and goals of 2023. We need to identify breakthrough and key tasks to better complete the tasks, and strive to achieve the highest results in 2023 that must be better than in 2022.
Thanhnien.vn
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