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Deputy PM highlights key priorities in coming months

VGP - The Government will continue to give priority to ensuring macro-economic stability and curbing inflation, said Deputy Prime Minister Le Minh Khai.

May 20, 2024 8:05 PM GMT+7
Deputy PM highlights key priorities in coming months- Ảnh 1.

Deputy Prime Minister Le Minh Khai presets the Government's report at the 7th session of the National Assembly, Ha Noi, May 20, 2024

Le made the above statement in Ha Noi on May 20 while addressing the ongoing 7th session of the National Assembly.

The Government will continue to cut interest rates, extend tax payments, and reduce land lease fees in order to extricate difficulties for production and businesses.

Important transport infrastructure projects will be accelerated to realize the goal of building additional 1,000 km of expressways across the country by 2025.

He said that the administrative apparatus must be streamlined in an effective manner. The new salary regime will be implemented from July 1, 2024. 

The re-arrangement of administrative units at district, communal levels in the 2023-2025 period will complete this September, targeting to increase the effectiveness and efficiency of State management; create favorable conditions for people and businesses.

Since the beginning of the year, macro-economy was stable while inflation rate was kept under control.

Viet Nam's GDP grew 5.66 percent in the first quarter from a year earlier. In the first four months of 2024, State budget revenue accounted for 43.1 percent of this year's initial plan, representing a year-on-year increase of 10.1 percent. 

Export turnover increased by 15 percent, helping the Southeast Asian country to gain a trade surplus of US$8.4 billion. 

The country climbed 8 spots from 115th to 107th in the latest Human Development Index (HDI) rankings, reaffirming its position among developing countries with high HDI scores.

The National Assembly sets GDP growth target of 6-6.5 percent for 2024./.