Prime Minister Nguyen Xuan Phuc has affirmed that there have been no grounds for revising the macroeconomic goals and that Vietnam is making efforts to realise the growth target previously set even amid numerous challenges from the Covid-19 outbreak.

PM Nguyen Xuan Phuc chairs a meeting of the national advisory council for financial and monetary policies.

He was speaking at a meeting of the national advisory council for financial and monetary policies on February 25.

The head of government stated that caution must be exercised to analyse the situation thoroughly and work out the appropriate coping measures.

At the meeting, the PM said he appreciated the frank, responsible and evidence-based opinions of economists and considered them as important input materials for the government to decide on socio-economic policies amid the impacts of the Covid-19 outbreak.

He stated that the government is pursuing the double goals of containing the spread of the coronavirus and promoting economic growth, adding that difficulty calls for concerted efforts and bold reforms to move the country forward.

On that basis, the council agreed on a number of key measures such as the need to remain consistent in the goal of keeping low inflation, creating the foundation for sustainable development, and boosting public investment and investors’ confidence.

It is also necessary to continue supporting enterprises, especially those affected by the coronavirus, while promoting sectors with potential for growth in order to cushion the impact of the epidemic.

 Source: NDO


Related Topics


Hoa Binh – epic land with geological significance

Nestled in the northwest, Hoa Binh province stands as a strategic gateway, connecting the bustling capital of Hanoi with the Red River Delta, north central and northeastern regions. Its unique location also links it to Upper Laos, making it a pivotal area for trade and cultural exchange.

17th Hoa Binh provincial Party Committee holds 20th meeting

The 17th-tenure Hoa Binh provincial Party Committee recently convened its 20th meeting. The session was chaired by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the provincial Party Committee; Bui Thi Minh, Standing Deputy Secretary of the provincial Party Committee and Chairwoman of the provincial People's Council; and Bui Duc Hinh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee. Also in attendance were other members of the provincial Party Committee and leaders of several provincial departments and agencies.

Indian Ambassador to Vietnam pays working visit to Hoa Binh province

A delegation of the Indian Embassy in Vietnam led by Ambasador Sandeep Arya paid a working trip to Hoa Binh province on April 1, aiming to explore cooperation opportunities. The delegation was received by Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee, along with Nguyen Van Chuong, Vice Chairman of the provincial People’s Committee, and representatives from various departments and agencies.

Provincial Party officials inspect Hoa Binh - Moc Chau expressway project

A delegation from the Standing Board of the Hoa Binh provincial Party Committee led by Nguyen Phi Long, an alternate member of the Party Central Committee and Secretary of the provincial Party Committee, on March 20 inspected the progress of the Hoa Binh - Moc Chau expressway project in Mai Chau district.

Hoa Binh province boosts development of science, technology, innovation

The Steering Committee for the Development of Science, Technology, Innovation, and Digital Transformation of Hoa Binh province convened a meeting on March 11 to deploy key tasks.

Lac Son district reaches high consensus on organisational restructuring

Lac Son district is reorganising and streamlining its organisational apparatus and the contingent of officials, civil servants and public employees in line with Resolution 18 issued by the 12th Party Central Committee.