April 03, 2023 | 16:35

PM hails nationwide effort in fulfilling Q1 targets

Tiến Dũng

GDP growth estimated at 3.32% in the first quarter.

PM hails nationwide effort in fulfilling Q1 targets
Prime Minister Pham Minh Chinh speaking at the meeting. Photo: VGP

Prime Minister Pham Minh Chinh has applauded ministries, sectors, and localities for fulfilling major targets in the first quarter of the year, while chairing the government meeting with 63 localities on April 3.

The meeting focused on discussing the socio-economic situation in the first quarter of 2023, the implementation of socio-economic recovery programs and national target programs, and the disbursement of public investment capital, as well as solutions for socio-economic development in the second quarter.

During the opening three months of the year, GDP growth was estimated at 3.32 per cent. The consumer price index (CPI) was up 4.18 per cent, but the pace of the increase is slowing.

State budget collections were equivalent to 30.3 per cent of the annual estimate, while Vietnam posted a trade surplus of $4.07 billion; double the figure in the first quarter of last year.

The country welcomed nearly 2.7 million international visitors in the first three months, or 29.7-fold higher than in the same period of 2022.

More than VND73 trillion ($3.13 billion) in public investment capital was disbursed in the quarter.

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