Piloting outstanding mechanisms and policies of each region and locality

Phạm Đông |

Politburo member and Prime Minister Pham Minh Chinh chaired a Government Conference with localities to implement the Conclusion of the Central Committee, Resolutions of the National Assembly, and the Government on economic growth and accelerating disbursement of public investment capital.

Confident enough, qualified enough, and capable enough for breakthrough growth

In his concluding remarks, the Prime Minister stated that we have enough confidence, conditions, and capacity to be determined to achieve growth of 8% or more, creating momentum, position, and momentum for double-digit growth in the coming years. The good news is that we see a spirit of determination and determination in the entire Party, the entire political system, and the entire people.

The Prime Minister praised a number of localities such as Bac Giang and Quang Ninh for setting high growth targets, of which Quang Ninh set a target of 16%, higher than the target assigned by the Government (12%).

Promoting growth drivers such as the Southeast, Red River Delta (12 localities in these 2 regions contribute 60% of GDP), growth poles such as Hanoi and Ho Chi Minh City (Hanoi contributes 13.2% of GDP, 25% of the country's budget revenue; Ho Chi Minh City contributes 17.9%, 25% of the country's budget revenue) at the same time, not forgetting disadvantaged areas.

Pointing out the key tasks and solutions in the coming time, the Prime Minister requested ministers, heads of ministries, agencies, secretaries, and chairmen of People's Committees of provinces and cities to closely participate, develop implementation plans, and assign specific targets and tasks to subordinates for implementation.

Build open institutions, reduce administrative procedures, promote decentralization and delegation of authority associated with resource allocation and inspection. Piloting outstanding incentive mechanisms and policies, creating breakthroughs to promote the potential and strengths of each region and locality.

Promote public investment, take public investment as the lead for private investment. Of which, the total public investment capital in 2025 is 826 trillion VND, 741.1 trillion VND has been allocated, the remaining 84.8 trillion VND has not been allocated, the Prime Minister requested to definitely allocate it in the first quarter of 2025, if not completed, it must be resolutely recovered and transferred to another place.

The Prime Minister requested to create an open, transparent, favorable investment and business environment with regional and international competitiveness; increase promotion and attraction of large-scale, high-tech FDI projects, and promote large FDI projects to come into operation. Develop mechanisms and policies to support private economic development, development of ethnic enterprises, small and medium enterprises. Promote tourism promotion, have appropriate visa policies to attract tourists, attract experts, talented people, and billionaires in the world to Vietnam.

Unblocking resources for projects facing difficulties and obstacles

The head of the Government requested urgent guidance and focus on implementing the National Assembly's Resolution on new pilot policies, breakthroughs in investment, finance, bidding, and controlled testing; effectively promoting science and technology funds, encouraging venture capital funds, startups, and innovation. Create favorable conditions for good foreign experts and overseas Vietnamese to work for Vietnam. Focus on removing difficulties for businesses and projects; promptly unlock resources for projects facing difficulties and obstacles.

The State Bank operates a proactive, flexible, timely and effective monetary policy; synchronously coordinates with a reasonable, focused and key expansionary fiscal policy; promotes credit growth, focusing on priority areas, growth drivers; strives to reduce lending interest rates; establish a credit package to support young people (under 35 years old) to buy a house; strongly promote social housing credit.

The Ministry of Finance continues to research and propose policies to reduce taxes, fees and charges.

The Ministry of Industry and Trade ensures enough electricity and gasoline in all situations; strongly promotes production and business activities and large industrial and commercial projects; amends and effectively implements the VIII Power Plan.

"The task is very heavy but also very glorious, it is necessary to promote responsibility to history, to the Party, the State, to the people, for the development of the country, for the happiness and prosperity of the people" - the Government leader emphasized.

Phạm Đông
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Prime Minister chairs meeting with 63 localities

PHẠM ĐÔNG |

The Prime Minister chaired a conference with localities to promote tasks and solutions to ensure the achievement of the growth target of 8% or more in 2025.

Localities reorganize district level from the beginning of 2025

HƯƠNG NHA |

In the 2023-2025 period, 38 district-level administrative units and 1,178 commune-level administrative units have been arranged.

When is the locality deadline to announce the decision to organize the apparatus

HƯƠNG NHA |

Today (February 20 is the deadline for localities to announce decisions related to the reorganization of the apparatus according to the Government's proposal.