In order to perpetuate the country’s positive results recorded in 2022 amid multiple headwinds facing the global economy, the Government recently issued Resolution 01/NQ-CP, specifying major tasks and providing important solutions to implement the 2023 socio-economic development plan and improve the domestic business environment and national competitiveness.

A teleconference between the Government and the 63 provinces and centrally-run cities opened on January 3 morning to review the 2022 performance and carry out the Party Central Committee’s conclusions and the National Assembly (NA)’s resolution on the socio-economic development plan for 2023.

While Vietnam's economic recovery has remained strong, heightened uncertainties related to the slowing global economy, rising domestic inflation, and tightening global financial conditions warrant have heightened vigilance and policy agility, said the World Bank

Prime Minister Pham Minh Chinh chaired the Government’s monthly meeting on October 29 during which he requested policy response be made in a more timely, precise, and effective manner.

The consumer price index posted year-on-year growth of 2.89 percent in the first 10 months of 2022 while core inflation rose 2.14 percent, the General Statistics Office revealed on October 29.

Prime Minister Pham Minh Chinh has ordered stronger efforts to achieve the best possible socio-economic development results in 2022 and create momentum for next year.

The Government convened its monthly meeting on June 4, discussing the socio-economic situation in May and the first five months of 2022 and reviewed the implementation of the government’s socio-economic recovery and development program and the allocation and disbursement of the State budget this year.

National Assembly Chairman Vuong Dinh Hue on May 25 expressed his concern that this year’s growth target will be hard to reach during the third working day of the third session of the 15th-tenure National Assembly in Hanoi.

National Assembly (NA) Chairman Vuong Dinh Hue asked deputies to propose practical and effective measures to fulfill socio-economic targets for the 2021-2025 period.

Vietnam’s economic growth in the first quarter of 2022 was consolidated thanks to the solid performance of export-oriented manufacturing and recovering service sector, according to the Vietnam Macro Monitoring report recently released by World Bank.