Deploying solutions for socio-economic recovery and growth in the next few years at The National Conference Of Governments with localities

DNHN - On April 5, Prime Minister Pham Minh Chinh presided over a countrywide online conference on the socioeconomic condition, recovery, and development strategy; the allocation and distribution of public investment money; and the completion of critical national transportation projects. Provinces and centrally administered cities' leaders attended the summit at regional bridging points.

Deputy Prime Minister Vu Duc Dam, Deputy Prime Minister Le Van Thanh, and heads of ministries, departments, and central agencies attended the conference.

Prime Minister Pham Minh Chinh stated at the Conference's opening that the Government would hold an online conference with communities in early 2022 with the involvement of the Party and State authorities.

General Secretary Nguyen Phu Trong delivered a key address during the Conference, outlining critical, detailed, complete, and transparent orientations, directions, and strategies for the Government, ministries, and branches in 2022 and beyond.

It was held after a three-month delay to examine the Central Committee's conclusions and the National Assembly’s choices. Participants discussed the socioeconomic condition between March and May 2022, the socioeconomic recovery and development program, issues related to expediting public investment capital release, and major national transportation projects.

The Prime Minister remarked that, in comparison to the scenario on January 5, when the Government and local governments had an online conference, the present situation included a slew of fresh, challenging, and unanticipated happenings.

Opportunities, benefits, and problems exist in the scenario, and difficulties and challenges are inextricably linked, but difficulties and challenges are greater than opportunities and advantages.

Ukraine's war has repercussions for the global economy, society, politics, defence, and security, as well as for the energy and financial markets, as well as for the supply and demand for commodities.

Globally, input material prices, logistics expenses, and inflation in many nations rose. Domestically, as circumstances change, the economy's internal issues become apparent. Violations of real estate, securities, and corporate bond issuance rules are rising concerns.

Additionally, inflation pressures at home and abroad were high in the first quarter, but the average consumer price index was kept at 1.92 per cent by proactive, proactive, and flexible tax, fee, and pricing policies.

Simultaneously, the Government and Prime Minister are particularly interested in solutions that balance energy supply and demand and provide power for manufacturing, business, and consumption, particularly during economic recovery and development- social structure.

This includes more active enforcement of real estate, stock market, and corporate bond laws. While the first quarter of 2022 ended with many positive signs, it is important to acknowledge certain limitations and flaws.

Achieving the aims and duties set out for 2022 and the whole 2021-2025 period will need a great lot of dedication, effort, responsibility, and efficiency.

The Prime Minister urged that participants concentrate on examining and dissecting what was done and what was not done during the first quarter, the reasons, lessons learned, and the primary obstacles and challenges confronting Vietnam today (both internal and external); solutions, the emphasis must be executed in the approaching period to accomplish the established objectives.

The Prime Minister mentioned a lot of special topics, like the implementation of strategic transportation infrastructure projects, the allocation and disbursement of public investment capital, and administrative reform. He also talked about improving the quality of human resources, streamlining the payroll, and improving the quality of the cad.

The delegates also heard and discussed the status of investment implementation, construction, and preparation for investment in significant national transport projects, including the North-South Expressway between 2017 and 2020 and 2021 to 2025; the Long Thanh International Airport Project; Hanoi Capital Region's Ring Road 4 Project; Ho Chi Minh City's Third Ring Road Project; and three highway projects: Khanh Hoa-Buon Ma Thuot, Bien Hoa-Vung Tau, and Bien Hoa-Vung Tau.

 Anh Minh