Fighting against the distorted argument "hitting a mouse breaks the vase"

Hostile forces seek every plot and trick to distort, frame, defame, and conduct activities to sabotage the great national unity bloc, divide the relationship between the people and the Party and the State, in order to cause political and social instability. They spread and distort: ​​"The fight against negative corruption is a struggle for power, internal fighting within the Party"; "All day long, only worrying about fighting for power, making the country's economy, culture, and society unable to develop" or "Vietnam's economy is lagging behind because it is still busy burning the furnace"...

Contrary to the distorted arguments of hostile forces, our country's economy has been developing strongly. This further shows that, no matter how they deliberately distort and find ways to sabotage, they cannot prevent the positive development of the country in all aspects, especially the economy.

We all know that in October 2023, the International Monetary Fund (IMF) forecasted that in 2024, the global economy would grow by about 2.9% of gross domestic product (GDP), of which Vietnam would grow by about 5.8%. In fact, Vietnam entered 2024 with basic advantages from general macroeconomic stability and was a bright spot in the post-Covid-19 global economic picture. The economy gradually recovered, with GDP growth in 2023 being higher in each quarter than the previous quarter.

Many prestigious international organizations have highly appreciated and recognized the improvement of many international ranking indexes of Vietnam. These are the Global Happiness Index, the Innovation Index, the Vietnam National Brand Value as well as digital media, digital payments, digital economy and international credit rating on long-term credit. At the same time, international forecasts also believe in the prospect of a rapid recovery in the near future of the Vietnamese economy, at least in some areas such as real estate, textiles, footwear, electronics industry, etc.

One good thing is that with the actual developments of our country's economy since the beginning of the year, recently, the World Bank (WB) has raised its economic growth forecast for Vietnam to 6.1% in 2024 and forecasts a growth rate of 6.5% in 2025 and 2026; inflation is at 4.5% in 2024 and will decrease to 3.5% in 2026. Many other international financial institutions and banks have also raised their economic growth forecast for Vietnam in 2024 due to recent positive prospects, especially its effective resilience to adverse fluctuations in the world economy.

To strive to fulfill the socio-economic development plan for 2024 and restructure the economy in the 2021-2025 period, the Government prioritizes economic management on creating synergies and promoting strong momentum from synchronous and effective implementation of resolutions of the Party and the National Assembly, especially the 3 strategic breakthroughs, 6 key tasks and 12 main groups of solutions. The Government prioritizes and strongly promotes growth associated with consolidating and maintaining macroeconomic stability, controlling inflation, and ensuring major balances of the economy.

In the coming time, issues that need continued attention include:

One is,Continue to operate monetary policy proactively, flexibly, promptly and effectively. Continue to implement policies on tax exemption and reduction, fee and charge reduction, and credit loan interest rate reduction. Focus credit on growth drivers (investment, consumption, export), priority sectors. Strive for credit growth of more than 15% in 2024 and public investment disbursement rate of more than 95% of the plan; increase state budget revenue by about 5% compared to 2023; cut at least 10% of administrative procedure compliance costs and business regulations. Timely issue appropriate and effective policies related to global minimum tax. Strictly control budget deficit, public debt, government debt, national foreign debt, and direct debt repayment obligations of the Government within the limits permitted by the National Assembly.

Two is, attach importance to strongly developing the domestic market in conjunction with expanding and diversifying the international market, effectively exploiting signed free trade agreements (FTAs), promoting negotiations and signing new FTAs; supporting enterprises to improve their capacity and participate in global supply chains; restoring and developing various types of markets for corporate bonds, land use rights, real estate, labor, science and technology.

Third,Promote the construction and development of a synchronous and modern strategic infrastructure system, especially the highway system, upgrading airports, ports, urban and inter-regional infrastructure...

Four is,Effectively and substantially restructure the economy in conjunction with growth model innovation, enhance competitiveness and endogenous capacity of the economy; develop digital economy (according to Google, Vietnam's digital economy is expected to reach 45 billion USD in 2025 compared to 30 billion USD in 2023), green economy, circular economy, e-commerce, emerging industries and fields; restore and strongly develop industries, especially processing, manufacturing, and semiconductor chip production.

Five is,It is necessary to continue to tighten discipline and order while promoting the proactiveness, flexibility, creativity, daring to think, daring to do, daring to take responsibility of authorities at all levels, taking people and enterprises as the center, the subject, the driving force and the goal of development; creating a favorable, safe and equal investment and business environment for enterprises to develop and contribute to the common interests of the country, localities, people and enterprises.

The positive signals of our country's economy not only make our entire Party, people and army enthusiastic in implementing the Resolution of the 13th National Party Congress, but also make the distorted arguments of hostile forces irrelevant.