29 C
Ho Chi Minh City
Saturday, July 2, 2022

Govt to focus on three main tasks to boost economic recovery, development

By Van Phong

Must read

HCMC – The Government will focus on three key tasks to boost economic recovery and development in 2022, including fostering production and business, stepping up export activities, and accelerate public investment disbursement.

At a teleconference between the Government and leaders of localities on January 5, Deputy Prime Minister Le Minh Khai said the Government would keep a close watch on the current situation and tap resources to enhance the socioeconomic recovery and development in each sector, locality and the whole country. It would also maintain long-term and seek new and sustainable driving forces.

Moreover, the Government will strive to maintain macroeconomic stability, keep inflation under control and improve the self-control and adaption of the local economy.

As for traffic infrastructure, the progress of key projects, such as some sections of the North-South Expressway, the My Thuan-Can Tho Expressway and the Long Thanh International Airport, will be expedited. Additionally, the Government will speed up the execution and put into operation some metro line projects in Hanoi and HCMC.

Digital transformation, innovation and the development of the digital economy will be conducted in a practical and effective manner.

Regulations on safely and flexibly adapting to and effectively controlling Covid-19 will be adhered to unanimously nationwide to facilitate the transport of cargo and the travel of laborers.

The Government will also accelerate the vaccination of children against Covid-19, the administering of the additional and booster shots, the Covid vaccine production technology transfer and the research and production of local Covid-19 vaccines and antivirals.

Furthermore, the Government will work out solutions to demonstrate Vietnam’s commitments at the United Nations Climate Change Conference (COP26).

Earlier, Deputy Prime Minister Pham Binh Minh said the country had been facing multiple challenges due to the Covid-19 pandemic. However, the local macroeconomy has been stable and inflation has been brought under control.

In 2021, the country recorded a GDP growth of 2.58% and the consumer price index (CPI) rose 1.84%. The State budget revenue reached VND1.5 quadrillion, up 3.7%.

The local business environment has improved and foreign investment has posted positive results.

In 2022, the country expected the GDP to grow 6%-6.5%, the CPI to expand 4%, the total retail sales of consumer goods and services to increase 7%-8% and the GDP per capita to reach US$3,900.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest articles