In his opening remarks, PM Chinh said that last month, the Government focused on directing ministries, sectors and localities to implement conclusions of the Party Central Committee’s 10th session; address the consequences of storms and floods, especially Typhoon Yagi; and prepare for the National Assembly’s eighth session, and handle projects with poor performance.

Prime Minister Pham Minh Chinh chairs the Government’s October regular meeting on November 9.

It also took solutions to control inflation, stabilise the macro-economy, promote growth, and ensure major balances of the economy; and reviewed the implementation of the 2024 and 5-year goals.

Assessing the socio-economic situation of this month is better than that of last month, this quarter is better than the previous quarter, and this year is better than last year, the Government leader asked participants to focus on discussing and clarifying the achieved results, limitations, difficulties and challenges; analysing the causes and lessons learned from direction and management; forecasting the situation, including the impact of the US election results; and proposing mechanisms, policies and solutions for the coming time.

The Prime Minister asked for continued proactive and prompt response to policies, and governance scenarios for all situations. He emphasised the tasks and solutions that are needed to complete all goals for 2024, especially the GDP growth target, noting that if the GDP growth reaches around 7.5% in the fourth quarter, the whole year’s figure will surpass 7%, nearly doubling the averages of ASEAN and the world.

PM Chinh also highlighted the necessity for breakthrough mechanisms, policies, and solutions to promote science and technology, and innovation, renew old growth drivers, and promote new ones.

Stressing the importance of solutions to stimulate domestic consumption, he requested relevant agencies to study and propose tax-related measures to submit to the legislative body.

The leader also urged a review of the work serving the 15th NA’s eighth session, including the preparation of documents regarding the investment policy for the North-South high-speed railway project; and the organisation of upcoming major holidays, especially the 80th founding anniversary of the Vietnam People's Army at the end of 2024, as well as big events in 2025.

Multiplying industries help cooperatives achieve sustainable development

BAC GIANG - The cooperatives in northern province of Bac Giang have transformed towards multiple industries and services, contributing to promoting the potentials and advantages of the locality, increasing income of their members and stimulating socio-economic development.

National strategy on application and development of blockchain technology approved

The Government has approved a national strategy on the application and development of blockchain technology until 2025 with a vision to 2030, with an aim to turn Vietnam into a leading country in the region with an international position in researching, deploying, applying, and exploiting blockchain technology.

Many policies encourage development of self-produced and self-consumed rooftop solar power

The Government has just issued Decree No.135/2024/ND-CP, dated October 22, 2024, stipulating the mechanism and policies to encourage the development of self-produced and self-consumed rooftop solar power.

Industrial promotion funding prioritizes OCOP product development

BAC GIANG - Bac Giang has many typical and quality industrial and rural agricultural products. The province has recently prioritized industrial promotion funding to support rural industrial establishments with selected products, especially products participating in the One Commune One Product Program (OCOP), thereby helping enhance competitiveness, product value and income for people.

Vietnam, US launch semiconductor industry development programme

Vietnam is one of eight strategic countries selected for the US International Technology Security and Innovation (ITSI) Fund, which is designed to enhance semiconductor capabilities and strengthen the resilience of the global semiconductor supply chain.

Bac Giang utilizes heritage for tourism development

BAC GIANG - Bac Giang preserves many unique intangible cultural heritages that embody the ethnic identities. Local governments and relevant departments have implemented various measures to conserve and promote these heritages, contributing to tourism development.