On the morning of April 6, speaking at a Government meeting with localities, Minister of Finance Nguyen Van Thang said that GDP growth in the first quarter is estimated at 6.93% over the same period, higher than the scenario at the 10th Central Conference (6.2-6.6%) and the highest growth rate in the first quarter since 2020.
This positive result helps Vietnam continue to be among the countries with the highest growth in the world and the region.
The Government has resolutely focused on perfecting institutions, improving the investment and business environment; handling backlogs and problems; promoting key infrastructure projects.
The organization of the Government, ministries and agencies have been rearranged in the direction of streamlining, ensuring continuous, stable and effective operations, as a basis for continuing to research and implement the arrangement of administrative units at all levels and building a model of organizing local government at 2 levels.
On the basis of the first quarter results, forecasting the whole year, according to the Ministry of Finance, in order to achieve the growth target of 8% or more, the last 9 months of the year need to increase by 8.3%; The second quarter growth is 8.2%, the third quarter and the fourth quarter are 8.3% and 8.4% respectively, about 0.2% higher than the set scenario.
Public investment still has a lot of room to promote, with the total public investment capital allocated by the National Assembly for implementation in 2025 being nearly 826,000 billion VND. The service and tourism sectors maintained positive growth momentum in the first quarter, with great potential to promote.
Regarding tasks and solutions for the coming time, the Ministry of Finance will advise and propose a number of key issues. The first task in the short term is to enhance dialogue and promote bilateral negotiations with the US to agree on a reasonable and appropriate countervailing tax rate, ensuring harmony of interests.
The ministries and branches work closely with the National Assembly's agencies to prepare well the contents submitted to the National Assembly at the 9th session, especially 17 laws and resolutions to submit to the National Assembly for approval at the meeting.
The Ministry of Home Affairs, ministries, agencies and localities resolutely and effectively implement the arrangement and streamlining of the apparatus according to the direction of the Central Government, the Politburo and the Central Steering Committee, ensuring no work interruption, affecting people and production and business activities of enterprises.
In addition, continue to maintain macroeconomic stability, strengthen the foundation to promote growth; promote public investment, domestic investment, attract FDI; develop, protect the domestic market and promote tourism; perfect institutions and laws, improve the investment and business environment.
According to the Ministry of Finance, ministries and ministerial-level agencies need to proactively review, promulgate according to their authority or submit to competent authorities to amend, supplement or issue new legal documents in the field of state management of the ministry in sync with the effective date of the 2013 revised Constitution (expected on July 1, 2025), ensuring that local authorities at both levels operate smoothly and continuously, without creating legal gaps.
"Promptly grasp and summarize the difficulties and problems of localities in the implementation process to guide according to authority or report to competent authorities for consideration and resolution, creating maximum convenience for localities in the implementation process", Minister Nguyen Van Thang emphasized.
