Gov’t convenes monthly regular meeting
VGP - Prime Minister Pham Minh Chinh presided over the Cabinet meeting on March 3 to discuss socio-economic performance in February and the first two months and pressing issues.
Prime Minister Pham Minh Chinh addresses the Cabinet meeting in Ha Noi, March 3, 2023 - Photo: VGP/Nhat Bac
The Government scrutinized the outcomes of implementation of three national target programs, public investment disbursement, local market development, export promotion, supportive policies for laborers in difficulty due to the COVID-19 pandemic and drugs, medical supplies shortages.
In the opening remarks, Prime Minister Pham stressed that there is only one month left in the first quarter of 2023 - the pivotal year to implement the five-year plan in the 2021-2025 period.
In the first two months, the regional and world situation continued to witness complicated and unpredictable developments, which are affecting various aspects of the domestic situation, especially the economic development.
The Government chief asked his inferiors to carefully analyze the situation in the region and the world and the impacts on the domestic situation, discuss advantages and opportunities, as well as difficulties and challenges so that appropriate solutions can be adopted.
The Ministry of Planning and Investment reported that the macro-economy was fundamentally stable and major balances were ensured. Budget revenue accounted for 22.4 percent of the initial whole year target.
Viet Nam ran a trade surplus of US$ 2.82 billon. CPI dropped from 4.89 percent in January to 4.31 percent in February.
Manufacturing Purchasing Managers’ Index (PMI) was 51.2 in February, ending a string of contractions and up 3.8 points from 47.4 in January./.
