Government members discussed measures to improve the business and investment environment and tasks and solutions needed to develop the domestic market and promote exports at their regular meeting on March 3.

They also assessed the socio-economic situation, the implementation of the socio-economic recovery and development program, the allocation and disbursement of public investment, and the implementation of three national target programs in February and the first two months of 2023.

Chairing the meeting, Prime Minister Pham Minh Chinh asked government members to carefully analyze the situation in the region and the world and the impact on Vietnam, make forecasts for March and beyond, and discuss the advantages and opportunities as well as the difficulties and challenges to identify appropriate solutions.

In the first two months of the year, the regional and global situation continued to witness complex and unpredictable developments, affecting various aspects of the domestic situation, especially in economic development, he said.

The Ministry of Planning and Investment reported that in the first two months the consumer price index (CPI) increased 4.6 per cent year-on-year; newly-registered (FDI hit $1.76 billion, a 2.8-fold increase compared to the same period last year; and Vietnam posted a trade surplus of an estimated $2.82 billion.