The steel market is likely to recover in the third and fourth quarters of this year thanks to augmented efforts to disburse public investment and credit packages for social housing projects, along with positive signs of the Vietnamese economy, said Vice Chairman of the Vietnam Steel Association (VSA) Doan Danh Tuan.

Prime Minister Pham Minh Chinh requested Ho Chi Minh City to make greater efforts to accelerate the disbursement of public investment while visiting and inspecting construction sites of several transport and health projects in the southern largest economic hub on April 15 afternoon.

Deputy Prime Minister Le Minh Khai on April 13 ordered tightening discipline in the disbursement of public investment capital, stating that it is the responsibility of ministries and agencies’ leaders.

VOV.VN - With the Government’s efforts to accelerate the disbursement of public investment, credit packages for social housing projects, and positive signs for the Vietnamese economy, the steel market is likely to rebound ahead in the third and fourth quarters of the year, according to industry insiders.

Representatives of ministries and sectors highlighted measures to achieve the GDP growth target for 2023 at the Government’s regular press briefing on April 3.

Many businesses say state officials are not enthusiastic in solving enterprises’ problems and don’t even take applications to at least discover the enterprises’ problems.

A key measure to effective public investment disbursement is to promote investment with focuses, with priority given to regional linkage projects to create new socio-economic development spaces for localities, said Minister-Chairman of the Government Office Tran Van Son at a regular Cabinet press conference on March 3.

VOV.VN - Prime Minister Pham Minh Chinh on February 24 requested that the health sector work to completely tackle the shortage of drugs, equipment, supplies, and biological products – a thorny issue that has hampered the normal operation of hospitals for years.

VOV.VN - The Government views public investment as both a resource and a driving force behind national development, says Prime Minister Pham Minh Chinh.

VOV.VN - Accelerating the disbursement of public investment can be considered one of the key political tasks of the Government this year following slow progress made in the work last year.