August 07, 2023 | 09:40

PM: Vietnam maintains 6.5% growth target

Huyền Vy

Domestic and international situation expected to continue to be challenging over the remainder of the year, PM tells cabinet meeting.

PM: Vietnam maintains 6.5% growth target
Prime Minister Pham Minh Chinh addressing the meeting. Photo: VGP

Prime Minister Pham Minh Chinh has confirmed that the government will not change its growth target of 6.5 per cent for 2023 and called for greater effort to post growth of about 9 per cent over the remaining months of the year in order to reach the annual target.

Chairing a cabinet meeting in Hanoi on August 5, Prime Minister Chinh stressed that the regional and international situation is forecast to be more difficult in August and the remaining months of the year, requiring determination, effort, and focus to fulfill set goals.

He noted key tasks ministries, agencies, and localities must perform to meet the growth target, including prioritizing the removal of difficulties facing business and production, promoting growth in association with ensuring macro-economic stability and controlling inflation, enhancing people's living conditions, and managing public debt, government debt, and budget overspending.

The government leader called for harmony and balance between interest rates and exchange rates, growth and inflation, supply and demand, and monetary policy and fiscal policy, while keeping a close eye on the situation inside and outside of the country to make a timely policy response.

The Prime Minister also asked for greater effort to deal with problems in the real estate and government bond markets, along with drastic measures to speed up public investment disbursement and the implementation of the socio-economic recovery and development program and the three national target programs.

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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