Prime Minister Pham Minh Chinh has urged ministries, agencies, sectors and localities to resolutely implement key tasks for 2026 to achieve the country’s annual growth target, while chairing a Government meeting on February 22 to review the Lunar New Year (Tet) celebrations and outline post-holiday priorities.
He called on all ministries and localities to “get to work immediately from the first day back,” stressing the need to strengthen administrative discipline, combat waste, and accelerate public investment disbursement, with a target of achieving a 100% disbursement rate.
The PM also highlighted the importance of efforts to have the European Commission lift its “yellow card” warning against Vietnam’s seafood exports over illegal, unreported and unregulated (IUU) fishing.
He also emphasised the full and effective implementation of social welfare policies and urged faster construction of 100 inter-level boarding schools in border areas, alongside preparations for the simultaneous groundbreaking of the remaining 148 schools later this month.
The Government leader also called for prioritising resources to ensure the quality of draft legislation and the effective implementation of the 2026–2030 state administrative reform plan.
The Ministry of Finance was instructed to pursue a focused and effective expansionary fiscal policy, cut 10% of recurrent spending at the beginning of the year, and reduce development investment spending by 5%, while strengthening oversight to prevent waste and corruption.
Meanwhile, the State Bank of Vietnam was directed to implement proactive and flexible monetary policies in coordination with other macroeconomic measures to control inflation and support growth, while closely monitoring developments in the gold market.
The Ministry of Industry and Trade was tasked with stabilising market prices, assessing the impact of the newly imposed 10% additional US import tariff, and ensuring sufficient energy supply to support economic activities.
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