Boosting growth and stabilizing the macro-economy are parts of the socio-economic development orientation for 2024 being prioritized in National Assembly and government resolutions, Mr. Phan Duc Hieu, Member of the National Assembly Economic Committee, has said.

This was one of the key new points in policies that demonstrate the government and the National Assembly’s determination to promote economic growth this year, he said in his address to the annual Vietnam Economic Scenario Forum 2024, which was co-hosted in Hanoi on January 11 by VnEconomy / Vietnam Economic Times (VET) and the Ministry of Foreign Affairs (MoFA), with the theme “Promoting mechanisms and policies, vigorously implementing new growth drivers”.

These resolutions, including an NA Resolution on the socio-economic development plan for 2024 and a Government Resolution on measures and solutions to implement the socio-economic development plan and State budget estimate for 2024, consist of groups of solutions such as promoting green economy and sustainability, he said.

Regarding completing mechanisms, the resolutions stress the need to ensure energy security and boost energy transition.

“The NA Resolution even requires the government soon have measures to attract investment and accelerate green projects, particularly in electricity transmission and supply,” he added.

Another new point in policies is that these resolutions highlight solutions to tap achievements in economic diplomacy last year, including fostering the manufacturing and processing industry and human resources training, according to Mr. Hieu.

Additionally, the resolutions give priority to FDI attraction. In particular, the NA approved a resolution on applying additional corporate income taxes in line with the Global Anti-Base Erosion Rules (known as the Global Minimum Tax), while assigning the government to soon establish an investment support fund from the collection of this tax, he said.

Another important point is policies for the business community, he went on. The NA Resolution asks to fully and resolutely implement Politburo Resolution No. 41 to create a safe and sustainable investment environment for investors.