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Sunday, February 23, 2025

Striving for growth of over 8%

By An Nhien

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The Government looks determined to achieve economic growth of over 8% this year. While supporting this growth scenario, the National Assembly Standing Committee has also urged the Government to take appropriate inflation control measures to avert significant impact on macroeconomic stability, people’s livelihoods, and business costs. Prime Minister Pham Minh Chinh chaired a meeting on February 11, 2025 between the Government and commercial banks to find ways to fuel growth and put inflation under control. A day earlier, the Government submitted a supplementary plan on socio-economic development for 2025 to the National Assembly Standing Committee, with GDP growth of at least 8%. This proposal was discussed at the 9th extraordinary session of the National Assembly, which took place from February 12 to 19. In its proposal, the Government said that 2025 is a crucial year as it marks the final stage of the 2021-2025 socio-economic development plan and serves as a vital moment for acceleration and breakthroughs. This year, Party congresses at all levels will happen in the lead to the 14th National Party Congress, laying the foundation for the successful implementation of the 2021-2030 ten-year strategy, and marking the nation’s entry into a new era of development. Therefore, achieving […]
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