HCM City’s growth contributes importantly to ensuring nation’s major balances: PM
Ho Chi Minh City's socio-economic development results make an important contribution to stabilising the macro-economy and ensuring major balances of the whole country, Prime Minister Pham Minh Chinh affirmed on November 27 at his meeting with leaders of the city.
Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VNA)
HCM City (VNA) ๊- Ho Chi Minh City's socio-economic development results make an important contribution to stabilising the macro-economy and ensuring major balances of the whole country, Prime Minister Pham Minh Chinh affirmed on November 27 at his meeting with leaders of the city.
Mindful of difficulties facing the city – the nation’s economic locomotive, PM Phuc affirmed that the Government always stands by the side of the city in accordance with its responsibilities, obligations, functions and duties.
He asked HCM City to focus on promoting three growth drivers of consumption, public investment and export; encouraging start-ups and innovation; and developing and applying science and technology to become a role model for the whole country to follow.
In the short term, attention should be paid to the planning work and disbursement of public investment, he stressed, urging the city to coordinate with ministries and sectors to address bottlenecks in the implementation of key projects.
The Government leader also requested HCM City to promote digital and green transformation, develop circular economy, diversify products and supply chains, create more jobs for labourers, and well implement social welfare policies.
The Government leader stated that many issues proposed by the city have been handled by the Government, ministries and sectors, including corporate bonds, real estate, credit lines, tourism passports, operation of the petroleum market, and public-private partnership in development investment.
In the first 11 months of 2022, the city’s gross regional domestic product (GRDP) is estimated to rise by 9%, the index of industrial production (IIP) by 17.3%, export value 10.3% to 49.5 billion USD, import turnover 10% to 66.2 billion USD, and budget value estimated to reach 457.5 trillion VND (18.4 billion USD).
As of October 31, the city had disbursed over 11.4 trillion VND, equal to 30.48% of the plan./.
President Nguyen Xuan Phuc on November 22 met voters in Ho Chi Minh City’s District 10 and Go Vap district to inform them on the outcomes of the 15th National Assembly’s recently-concluded fourth session.
Prime Minister Pham Minh Chinh on November 26 stressed the need for a new mindset, new breakthroughs, and new values to promote the development of the southeastern region.
Prime Minister Pham Minh Chinh on November 27 inspected a number of infrastructure projects in Ho Chi Minh City, including the expansion of Binh Hung waste treatment plant, the construction of Ben Luc-Long Thanh expressway and the upgrading of National Highway 50.
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.
Prime Minister Pham Minh Chinh speaks at the meeting (Photo: VNA)
