May 05, 2023 | 16:30 GMT+7

PM: Vietnam reaches major targets in first four months

Tiến Dũng -

Macro-economy remains stable and inflation kept under control, PM tells government meeting.

Prime Minister Pham Minh Chinh addresses the May 5 meeting. Photo: VGP
Prime Minister Pham Minh Chinh addresses the May 5 meeting. Photo: VGP

Vietnam met a number of major targets in the first four months of the year despite the many difficulties and challenges, Prime Minister Pham Minh Chinh has said.

Chairing the regular government meeting on April 5 to look at the socio-economic situation in April and the first four months of 2023, Prime Minister Chinh said the macro-economy has been basically stable, major balances have been maintained, inflation was kept under control, and growth was boosted.

Vietnam posted a trade surplus of $6.35 billion in the period, nearly 3 million tons of rice was exported, energy security was ensured, the labor market recovered, and social security was guaranteed, according to the Prime Minister.

Many policies and solutions to tackle difficulties in place since the beginning of the year began to prove effective in April. Services, especially tourism, have been promoted. As a result, improvements were seen in fields such as the corporate bond and real estate markets, public investment, and the facilitation of money flows in the economy.

International organizations like the IMF, the WB, and the OECD have forecast a positive growth outlook for Vietnam this year, he said.

Meeting participants discussed other important issues such as the implementation of the socio-economic recovery and development program, public investment disbursement, and three national target programs.

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