Vietnam focuses on investment, consumption, export: regular Government press conference

In February and following months, Vietnam will focus its resources on three growth drivers of investment, consumption and export, said Minister-Chairman of the Government Office Tran Van Son at the regular Cabinet press conference on February 2 following its monthly teleconference with localities.
Vietnam focuses on investment, consumption, export: regular Government press conference ảnh 1Regular Cabinet press conference  (Photo: VNA)
Hanoi (VNA) – In February and following months, Vietnam will focus itsresources on three growth drivers of investment, consumption and export, said Minister-Chairman of the Government Office Tran Van Son at the regular Cabinet pressconference on February 2 following its monthly teleconference with localities.

Son said that at this conference, all Government membersagreed that in the coming time, there are more difficulties and challenges thanopportunities and advantages.

Therefore, Prime Minister Pham Minh Chinh asked ministries, sectorsand localities to proactively address arising problems and step up three strategicbreakthroughs namely institutions, infrastructure and human resources.

He requested giving priority to maintainingmacro-economic stability, controlling inflation, propelling growth and ensuringmajor balances of the economy. "It is necessary to ensure the balanced, rational and effectively management of the exchange and interest rates as well as harmonise inflation control and growth,monetary and fiscal policies, and domestic and foreign situations," the PM stressed.

The Government leader also stressed the importance of the adoptionof a sound, flexible and effective monetary policy in close and synchronouscombination with fiscal and other policies.

According to the minister, in January, the macro-economy continuedto be stabilised, inflation was controlled and major balances maintained. Statebudget revenue increased by 12.3% compared to the estimate, and 8.1%year-on-year, and trade surplus hit 3.6 billion USD.

Total retail sales of goods and services in the month roseby 20% against 2022 and 34.2% compared to 2019./.
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