Elite leaders identify challenges, solutions to development

VOV.VN - Vietnam is likely to face numerous difficulties and challenges in the coming months that will slow down its socio-economic recovery, Party General Secretary Nguyen Phu Trong and other senior Party and State leaders agreed at a meeting on March 10.

Unpredictable complications of the global economic - political landscape, especially the armed conflict in Ukraine, and inflationary pressure stemming from rising raw material prices and oil prices will exert an adverse impact on the implementation of policies aimed at supporting people and stabilizing the macro-economy, they said.

In addition, the COVID-19 outbreak remains complicated, especially when Vietnam is gradually restoring tourism and international trade services.

Making an in-depth analysis of those challenges, the elite leaders requested that the government effectively implement COVID-19 prevention and control measures, speed up vaccinations, ensure drugs for COVID-19 treatment, enhance grassroots-level medical capacity, and flexibly adjust pandemic regulations to match reality.

It’s imperative to effectively implement the national economic recovery programme, remove institutional obstacles, and flexibly operate monetary policy tools in order to control inflation, stabilize the macro-economy, and ensure major balances of the economy.

More efforts are needed to speed up public investment disbursement, especially for key projects such as Long Thanh airport, North-South expressway, and ring routes in Hanoi and Ho Chi Minh City.

The leaders asked the government to closely monitor and timely analyse regional and international situations, especially the price volatility of fuel and other strategic materials, in order to promptly respond to domestic production management, balance supply and demand, and adopt appropriate import and export policies.  

They stressed the need to ensure adequate supply of petrol, better manage market prices to rein in inflation, stabilize the macro-economy, and not increase production and investment costs. They called for measures in place to facilitate the circulation of goods through northern border gates, and for appropriate plans to gradually to reopen tourism and entertainment services, meeting pandemic regulations.

They assigned the government to closely monitor the Ukraine situation and make recommendations to the Political Bureau, the Secretariat and the elite leadership to come up with solutions to Vietnam related issues. The primary task now, according to the leaders, is to protect life, property, and legitimate interests of Vietnamese citizens and businesses in Ukraine and relevant places, while deploying the repatriation campaign to bring Vietnamese back home.

They also asked relevant agencies to continue to bring to light notorious graft scandals that have caused serious consequences for the State and eroded people’s trust in the Party leadership.