Vietnam builds an independent, self-reliant economy

Chia sẻ
(VOVWORLD) - Vietnam is aiming to build an independent and self-reliant economy associated with proactive, active international integration, said Prime Minister Pham Minh Chinh at the 5th Vietnam Economic Forum on Sunday.
Vietnam builds an independent, self-reliant economy - ảnh 1Prime Minister Pham Minh Chinh speaks at the forum

The PM held that 2023 will continue to see complicated and unpredictable developments in the world, with more difficulties inside the country.

He asked ministries, sectors and localities to continue to drastically implement directions of the Party, National Assembly, Government and the PM regarding socio-economic development, while giving active and timely policy response. Ministries and sectors must consider matters of the people and businesses as their own, he stressed.

In 2023, the Government will continue to apply firm, flexible and effective monetary policies in close and harmonized association with fiscal policies and other policies, ensuring the overall effectiveness to meet the demand of the reality.

He said that the foreign exchange rate and interest rates will be managed to suit the real situation and conditions, while monetary policy tools will be optimized to ensure the supply of credit capital to the economy, with a focus on prioritized areas. Meanwhile, inflation control and economic growth will be balanced, along with a strong liquidity and suitable credit growth as well as the removal of bottlenecks for the capital flows in the economy, he said.
Together with suitable and effective fiscal policies and stronger efforts in State budget collection, the Government will continue to speed up the reform of administrative procedures regarding taxation, offer tax support policies and tighten the management of finance and State budget, he said.

The PM added that ensuring major balances of the economy and healthy, stable and sustainable development of all kinds of markets, especially the corporate bond, securities, and real estate markets will also be a focus of the Government.
The Prime Minister stressed the need to ensure social security, maintain political stability, and strengthen national defense while promoting a foreign policy of independence, self-reliance, multi-lateralization, diversification, being a good friend, a reliable and responsible partner of the international community.
In his address, Head of the Party Central Committee's Economic Commission Tran Tuan Anh said Vietnam's economy is recovering strongly and has overcome the COVID-19 pandemic. Vietnam's GDP is expected to grow more than 8% this year.