The growth target of 8.3-8.5% must be achieved no matter how difficult it is
On September 6, at the Government Headquarters, Politburo member and Prime Minister Pham Minh Chinh chaired a regular Government meeting in August 2025, discussing many important contents.
Speaking at the opening of the meeting, Prime Minister Pham Minh Chinh said that in general, the socio-economic situation in August and the first 8 months of the year continued to be positive, the following month was better than the previous month, the 8 months were better than the same period in 2024 in most areas.
However, the Prime Minister requested an analysis of the pressure of rising inflation, exchange rates, and interest rates; domestic consumption, exports, and public investment tend to slow down; operating a two-level local government model with difficulties in digital transformation, data connection, difficulties for subordinate staff; natural disasters, storms and floods have severely affected people's lives and production and business.
The head of the Government stated that we must develop quickly and sustainably, in which the growth target of 8.3-8.5% this year is a difficult target but no matter how difficult it is, it must be done, it cannot be done and there are conditions to do it.
The head of the Government directed to continue renewing traditional growth drivers, promoting new growth drivers to ensure synchronous and comprehensive development.
Sectors, fields, localities, and businesses must grow for the whole country to grow. Ministries and branches must review and reduce administrative procedures, striving to reduce 30% of the time, quantity and cost of administrative procedures.
Strengthening the final handling of backlog projects is also a solution to unlock resources for development.
The Prime Minister suggested that after the end of the Exhibition "80 years of independence - freedom - Happiness", it is necessary to continue researching and organizing autumn fairs and fairs during Tet to introduce and promote goods and products, promote exchanges, link production and business and promote domestic consumption.
The Prime Minister also requested members of the Government to highlight lessons learned and key solutions in ensuring social security, education and health care for the people; responding to external shocks, responding to climate change and natural disasters.
Immediately and strictly handle negative phenomena and violations related to market manipulation, price hoarding, smuggling, counterfeit goods, counterfeit goods, etc.
Government Inspectorate takes action if necessary, not allowing manipulation of the gold market
The Prime Minister requested that the Deputy Prime Ministers in charge must get involved, and relevant agencies must promote a higher sense of responsibility, grasp the situation more carefully and firmly in the field of management and responsibility, especially with new developments and emerging issues.
Thereby, analyzing more carefully, providing appropriate tasks and solutions, responding to policies in a timely, flexible and effective manner, including the gold market, real estate market, and stock market.
Considering the recent sharp increase in gold prices to be remarkable, the Prime Minister said that he had directed the authorities to rectify and not let the situation of gold market manipulation happen.
The State Bank Inspectorate must also actively intervene, if necessary, the Government Inspectorate must intervene to review the phenomenon of hoarding, price increase, and market manipulation.
Requesting the Ministry of Construction to focus on and pay attention to the real estate sector, the Prime Minister also pointed out that for securities, if cash flow goes into the production and business sector, it is very good, but it is necessary to re-evaluate whether there are phenomena of price inflation and stock market manipulation or not.
