Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VOV)

Specifically, in August Vietnam’s export increased 7.7% from July with export surplus of 3.8 billion USD. Vietnam’s total export value over the past 8 months valued more than 227 billion USD.

Addressing the meeting, Prime Minister Pham Minh Chinh stressed the need to focus more on boosting growth and tackling difficulties in production and business while maintaining macro-economic stability and ensuring social security and people’s lives.

The Prime Minister asked for strengthening agriculture and service sectors and recovering the industries, especially the processing and manufacturing industries, and disrupted supply chains.

Government convenes its monthly meeting for August

Particularly, the Prime Minister requested to focus on three growth drivers of investing, export and fiscal policy.

He said it’s important to accelerate public investment disbursement, effectively implement the socio-economic recovery and development program and the national target programs, and lure more high quality foreign direct investment.

At the same time, it’s important to maintain traditional export market and expand to new markets, improve product quality to meet new standards including green standards, take advantage of the signed FTAs, and strengthen negotiations and signing of new trade deals while focusing more on the domestic market, said Mr. Chinh.

He also emphasized the need to continue proactive, prompt, effective monetary policies in close coordination with the fiscal policy and other policies to promote growth while maintaining macro-economic stability.

Mr. Chinh also urged to focus on industries, agriculture, services and tourism, reform administrative procedures, and enhance digital transformation and culture development, ensure national defense and security, and strengthen external relations and communication and information work.