PM Pham Minh Chinh chairs the Government meeting with localities nationwide on April 3, 2023.

The meeting focused on socio-economic recovery and development, ways to improve the business climate and national competitiveness, national targets programs, and public investment allocation and disbursement.  

“Major targets for the first quarter were basically reached. Macro-economic stability and major economic balances were maintained, inflation controlled, security-defence and social order ensured, and external relations and international integration strengthened,” said Prime Minister Chinh. 

In the first quarter of this year, Vietnam’s GDP growth was estimated at 3.32%. The consumer price index (CPI) rose 4.18% but the pace is slowing down. State revenue hit more than 30% of the yearly estimate and the trade surplus was more than 4 billion USD, doubling that of the same time last year.

PM Chinh noted that Vietnam rose 12 places to rank 65th in the world happiness index in the UN World Happiness Report 2023.