December 06, 2025 | 15:41

Gov't discusses solutions to meet growth goals, address disaster consequences in Nov. meeting

Prime Minister Pham Minh Chinh emphasized the limited time remaining in 2025 amidst a complex global context with strategic competition and slow economic recovery.

Gov't discusses solutions to meet growth goals, address disaster consequences in Nov. meeting
Prime Minister Pham Minh Chinh chairs the Government regular meeting for November on December 6.

The Government on December 6 convened its regular monthly meeting for November to assess the socio-economic situation of the month and the first 11 months of the year.

The meeting also reviewed the disbursement of public investment capital and the progress of implementing three national target programs. Key topics included administrative reform, the operation of the two-tier local government model, temporary housing policies when the state recovers land, and other significant issues.

Presiding over the meeting, Prime Minister Pham Minh Chinh emphasized the limited time remaining in 2025 amidst a complex global context with strategic competition and slow economic recovery. 

He noted that despite positive outcomes, challenges such as inflation pressure, exchange rates, public investment disbursement delays due to floods, high gold prices, and USD exchange rates, and significant natural disaster impacts on production and life were noted. 

The Government leader urged delegates to thoroughly evaluate the situation, identify results, limitations, causes, and lessons learned. He called for breakthrough solutions to achieve a growth target of 8% or more, such as boosting exports, accelerating public investment disbursement, developing processing and manufacturing industries, and stimulating consumption.

In the first 11 months, the government and the Prime Minister issued 366 legal documents, over 6,500 directives, and held more than 2,600 meetings with localities. As a result, the socio-economic situation continued its positive trend. The average CPI for 11 months increased by 3.3%.

The total import-export turnover for 11 months reached nearly $840 billion, up over 17%; the trade surplus was estimated at $20.5 billion. Public investment disbursement was about VND553.25 trillion (nearly $21 billion), reaching 60.6% of the plan, higher in both rate and absolute value compared to the same period in 2024. Registered FDI reached nearly $33.7 billion, up 7.4%; implemented FDI reached $23.6 billion, up 8.9%.

Many localities achieved GRDP growth of 8% or more in 2025, with six localities exceeding 10%, including Quang Ninh, Hai Phong, Ninh Binh, Phu Tho, Bac Ninh, and Quang Ngai. Key transportation and energy projects continued to accelerate. Many international organizations positively assessed Vietnam's economic prospects.

Regarding social welfare, in 11 months, the Prime Minister decided to support nearly VND6.8 trillion ($258 million) from the Central budget reserve for localities. The Government also established the National Housing Fund to promote social housing development.

In response to storms and floods in the central region, the Government directed the implementation of early emergency measures and quickly supported the people. The Prime Minister launched the "Quang Trung Campaign" to mobilize resources for repairing houses and resettling heavily affected households.

Cultural, social, health, education, digital transformation, and administrative reform areas continued to receive attention. National defense and security were ensured; social order and safety were maintained; crime, smuggling, and commercial fraud prevention efforts were strengthened.

Attention
The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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