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| Prime Minister Pham Minh Chinh speaks at the Government’s regular meeting__Photo: VNA |
Prime Minister Pham Minh Chinh on May 4 chaired the Government’s regular meeting to review the socio-economic situation in April and the first four months of 2024, public investment allocation and disbursement, and the implementation of the three national target programs.
Chinh required Government members to focus on discussing the socio-economic development situation in the past months as well as main tasks for May and the coming time.
It is necessary to clarify achievements gained in all fields and find out shortcomings, weaknesses, and difficulties facing ministries, sectors, localities, businesses, and people, he stressed.
They were also required to discuss tasks of preparing for the upcoming meeting of the Party Central Committee and the seventh plenary sitting of the 15th National Assembly, and responding to emerging problems such as drought, storms, and floods.
At the meeting, participants agreed that the socio-economic situation in April continued to change positively and achieved important results. Macro-economy was basically stabilized, inflation controlled, and major balances of the economy guaranteed. The consumer price index (CPI) increased by 0.07 percent month-on-month rose by 3.93 percent in the first four months over the same period.
In the period, State budget collection rose 10.1 percent year-on-year, completing 43.1 percent of the yearly projection. Import-export revenue was estimated at USD 238.88 billion, up 15.2 percent year-on-year, with trade surplus reaching USD 8.4 billion. Public investment disbursement reached 17.46 percent of the yearly plan, 1.81 percent higher than that in the same period last year.
In the four months, the country attracted nearly USD 9.3 billion in foreign direct investment (FDI) and the FDI disbursement was estimated at USD 6.3 billion, up 4.5 percent and 7.4 percent year-on-year respectively. The Index of Industrial Production (IPP) expanded 6 percent over the same period last year. The nation lured 6.2 million foreign visitors, up 68.3 percent year-on-year.- (VNA/VLLF)
