Prime Minister Nguyen Xuan Phuc has urged ministers, particularly newly-appointed ones, to prepare action plans that improve their management to fulfill socio-economic development targets.
Hanoi (VNA) - Prime Minister Nguyen Xuan ꦆPhuc has urged ministers, particularly newly-appointed ones, to prepare action plans that improve their management to fulfill socio-economic development targets.
He told Cabinet members at a meeting on May 30 that the Government would not adjust socio-economic development targets due to challenges over past months but will strive to overcome these difficulties to meet the economic growth rate targeted in the Resolution of the 12th National Party Congress.
Initially, it will be necessary to speed up disbursement of all sources of capital for fundamental construction projects, particularly projects using capital mobilised from Government bonds and Official Development Assistance, he said.
The Government leader also asked relevant ministries to enhance co-ordination between monetary and fiscal policies to prevent inflation rises and to hit State budget collection quotas. It would also be important not to increase the public debt ceiling.
He decided to launch a special task force, headed by Deputy Prime Minister Vuong Dinh Hue, to review and report to the PM on difficulties hindering the disbursement of capital sources.
The Government will mobilise all resources, including foreign currency from local people, to serve economic development, he said.
He also instructed relevant ministries, agencies and localities to speed up the equitisation of State-owned enterprises, and only keep State-owned enterprises that operate in key areas.
They were required to take measures to ensure GDP growth quantity and quality while ensuring stable living conditions for people, particularly those in natural disaster-hit localities and areas affected by mass fish deaths.
At the meeting, the Ministry of Planning and Investment reported that the consumer price index (CPI) increased 1.88 percent in the past five years. This was attributed to price hikes of oil, gas and food. The CPI from now to the end of the year is expected to suffer from surges in education and medical fees.
Total State budget collection reached only 34 percent of targets in the period.
Industrial production recovered slowly over the past five months. Total exports gained nearly 68 billion USD, a year-on-year increase of nearly 7 percent.-VNA
The State will protect legitimate rights and business right of enterprises, and the Government will create the most favourable condition for business development and start-up initiatives.
Prime Minister Nguyen Xuan Phuc chaired an irregular meeting with Cabinet members to consider and address requests made by businesses during the freshly-ended dialogue with the Government leader.
Prime Minister Nguyen Xuan Phuc has urged Cabinet members to show greater resolve in the management work against a background of socio-economic difficulties.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
Scene at the cabinet meeting (Photo: VNA)
