Highest determination, greatest effort to achieve 2023 goals

On the morning of December 6, at the Government headquarters, under the chairmanship of Prime Minister Pham Minh Chinh, the Government held a regular meeting for November 2023 to assess the socio-economic situation in November and 11 months of 2023; the implementation of the Socio-Economic Recovery and Development Program; the allocation and disbursement of public investment capital; and the implementation of 3 national target programs.

Along with that, the Government drafted a Resolution on key tasks and solutions to implement the Socio-Economic Development Plan, the State budget estimate for 2024 and a number of other important issues.

Attending the meeting were Vice President Vo Thi Anh Xuan; Deputy Prime Ministers; ministers, heads of ministerial-level agencies, government agencies; representatives of Party committees, committees, agencies of the National Assembly; and leaders of state-owned economic groups.

Opening the meeting, Prime Minister Pham Minh Chinh emphasized that looking back at November and 11 months of 2023 in the context of many difficulties and challenges in the international situation, thanks to the timely and wise leadership and direction of the Party, the support of the National Assembly, the participation of the entire political system, people, businesses and the support of international friends, the socio-economic situation of the whole country continued to achieve important results in all fields.

Among them, the macro economy is stable, inflation is controlled, the economy grows in all areas, people's lives are improved; politics is stable, social order and security are maintained; especially foreign affairs is a bright spot in 2023; people's trust in the leadership of the Party and the administration of the Government is consolidated...

Considering that there is very little time left in 2023 and many tasks in 2023, while the world situation still faces many difficulties and challenges, the Prime Minister requested that Government members focus on discussing and analyzing the situation, evaluating results, limitations, causes, lessons learned, especially solutions that need to be implemented to complete the set goals.

Specifically, it is necessary to analyze the effectiveness of management and policy responses, in the spirit of looking straight at the truth, putting the interests of the nation, the people, and businesses above all, first of all so that policies can truly come into life; handle all issues truly smoothly, remove all barriers, and pave the way for development.

The Prime Minister requested all levels, sectors and localities to make more efforts in implementing tasks and solutions in all fields; strive with the highest determination and greatest effort to achieve the 2023 goals.

Government members focused on directing and operating work; closely following reality, promptly and effectively responding to newly arising issues; at the same time, taking advantage of and exploiting the best opportunities for production and business development, promoting socio-economic development.

According to the Ministry of Planning and Investment, the socio-economic situation in November and the first 11 months of 2023 continued to achieve important and increasingly positive results. The macro-economy continued to be stable, inflation was controlled, and major balances were ensured.

The consumer price index (CPI) in November increased by 3.46% over the same period, the average increase in 11 months was 3.22%. The currency market and exchange rate were basically stable, the interest rate continued to decrease. The state budget revenue in 11 months is estimated to reach 94.9% of the estimate. Import-export turnover increased, the total trade surplus in 11 months is estimated at 25.83 billion USD (same period was 10.3 billion USD). The total registered FDI capital in 11 months reached nearly 28.85 billion USD, up 14.8% over the same period.

Production and business activities continued to change positively. Tourists coming to Vietnam in 11 months reached 11.2 million, 3.8 times higher than the same period last year. Industrial production index was better month after month, many key industrial areas continued to recover or maintain positive growth momentum. In 11 months, over 201,500 enterprises entered and re-entered the market...

Also according to the Ministry of Planning and Investment, public investment disbursement in 11 months is estimated at 65.1% of the plan, 6.8% higher than the same period, the absolute number is nearly 123,000 billion VND higher. The socio-economic recovery and development program continues to be vigorously implemented; by the end of November, the estimated disbursement of the 2023 development investment capital plan under the program reached about 62,920 billion VND.

Regulatory problems related to the implementation of tasks and projects under the three national target programs are being resolved. By the end of November, more than 95% of the plan had been allocated; disbursement of central budget capital in 2023 reached VND 15,732 trillion, reaching 65% of the plan.

However, the general difficulties and challenges of the world situation have had a significant impact, affecting our country's economy and continuing to face difficulties and challenges. In particular, although production and business have changed, they still face challenges in terms of market, cash flow and administrative procedures; increased pressure on macroeconomic management; the lives of a segment of the population are still difficult...

Therefore, in the coming time, it is necessary to continue to resolutely, proactively, synchronously and closely implement short-term and long-term policies and solutions; seize the time and take advantage of every opportunity to create breakthroughs in all three growth drivers: investment, consumption and export; promote new drivers of green economy, green growth, digital economy, circular economy... to restore rapid and sustainable growth.