November 08, 2023 | 17:00 GMT+7

PM: Government to unleash resources and tackle difficulties for businesses

Phan Anh -

Government working to reach annual GDP growth target of over 5%.

Prime Minister Pham Minh Chinh addressing the NA session on November 8. (Photo: quochoi.vn)
Prime Minister Pham Minh Chinh addressing the NA session on November 8. (Photo: quochoi.vn)

The government will continue to review and perfect regulations and policies, boost administrative reform, and tackle difficulties in production and trade as part of measures to unleash resources to help enterprises overcome the difficulties and boost growth over the remainder of the year, Prime Minister Pham Minh Chinh has said.

He made the comments while presenting a report, clarifying various issues, and answering questions from National Assembly deputies at the ongoing 15th NA’s sixth meeting, on November 8.

Focus will be on promoting growth drivers like investment, consumption, and exports, implementing policies to boost aggregate demand, particularly fiscal and monetary policies, increasing access to credit and land, and expanding markets while diversifying products and supply chains.

Measures will also be taken to speed up the disbursement of public investment capital and FDI, attract social, private, and foreign investment, enhance industrial development, particularly manufacturing and processing, and boost the development of the domestic market and exports, the Prime Minister said.

He also emphasized the need to keep a close watch over both the domestic and international situations in order to adjust policies in a timely, flexible, and effective manner.

The government will strive to fulfill the yearly targets, including GDP growth of over 5 per cent, he said.

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