Vietnam has identified three focal tasks for economic development in 2022, observing that it will capitalise on every opportunity to promote nationwide socio-economic recovery and development, maintain long-term growth momentum, and make use of new and sustainable drivers. It will also use macro-economic policies to sustain stability and control inflation.

At a virtual conference between the government and localities on January 5, deputy prime minister Le Minh Khai, on behalf of the cabinet, presented its draft resolution on the key tasks and solutions for implementing the socio-economic development and state budget plans in 2022.

The first task is to revive and promote production and business activities, step up export, accelerate public investment disbursement, and encourage public – private partnership for developing infrastructure, especially strategic infrastructure facilities.

Vietnam has identified three focal tasks for economic development in 2022, observing that it will capitalise on every opportunity to promote nationwide socio-economic recovery and development, maintain long-term growth momentum, and make use of new and sustainable drivers. It will also use macro-economic policies to sustain stability and control inflation.

The second is to persistently maintain macro-economic stability, control inflation, and improve the economy’s self-reliance, resilience and adaptability.

The third is to boost substantive and effective economic restructuring; develop e-commerce, the digital economy, and new business models applying information and digital technology; and deal with outstanding problems that have lasted for years, a news agency reported quoting Khai.

The government will also stimulate domestic consumption, sustainably develop export and import, effectively mobilise resources for socio-economic recovery and development, and make use of public investment to attract non-state resources.

Fibre2Fashion News Desk (DS)