Vietnam Today

Prime Minister Pham Minh Chinh has signed Directive No. 15/CT-TTg on key tasks and solutions to maintain macro-economic stability, control inflation, promote growth, and ensure major balances in the economy in the new circumstances. The Directive assigns specific tasks to each ministry, branch, and locality, in which the State Bank of Vietnam (SBV) must manage monetary policy in a proactive and flexible manner, both to control inflation and to support economic recovery and growth.

A delegation from central Da Nang city held a trade and investment promotion trip to Germany from September 12 to 17. The city has been approved by the government to implement the Smart City Project. This is key to opening up more development opportunities for the city in the future.

At a conference on administrative reform, Prime Minister Pham Minh Chinh called for regular reviews and the simplifying of regulations relating to business activities, putting people and businesses at the center. It is expected that, by the end of 2023, the ratio of people using online public services will reach 50 per cent.

Following earlier conferences on developing capital markets, the real estate market, and the labor market, a national conference on promoting administrative procedure reform was held on September 15 by Prime Minister Pham Minh Chinh. Major conferences in other fields will also be held to help people and businesses.

On September 14, at a conference to appraise the national master plan for the 2021-2030 period and vision to 2050, chaired by Prime Minister Pham Minh Chinh, Minister of Planning and Investment Nguyen Chi Dung pointed out that the national master plan targets four key tasks to create breakthroughs in infrastructure development.

In a meeting on September 13 with the President of the National Assembly of Cambodia Samdech Heng Samrin, who is visiting Vietnam, Prime Minister Pham Minh Chinh suggested that the two sides further improve the efficiency of their economic cooperation. In the first seven months of this year, two-way trade turnover reached more than $7 billion, up 17.8 per cent year-on-year. Vietnam currently has 188 investment projects in Cambodia with total registered capital of $2.8 billion, ranking it first in ASEAN.