|Prime Minister Pham Minh Chinh addresses the event (Photo: VNA)
The PM noted that the world economy is facing numerous difficulties due to a growth slowdown and soaring inflation. The central banks of the US, the EU, the UK, and Japan have also moved to hike interest rates and appreciate their currencies, which has substantially affected other countries, including Vietnam.
The Prime Minister said: "We need to stay firm, not panic or lose vigilance. Our aim is to stabilize the macro economy, rein in inflation, enhance growth, and ensure major balances, both in the immediate and long term. We need to ensure stability amid uncertainties, stay proactive against complications, unprecedented happenings, and shocks around the world. We need to be consistent against multidimensional impacts from the world, control risks, and respond promptly to any risks of recession and crisis."
Also on Thursday, government members discussed policies on COVID-19 prevention and control, proposed building law on notary, and debated the revisions of the Law on Minerals and Pharmacy.