This directive is outlined in the Government Resolution No 44/NQ-CP, discussed during the regular Government meeting and the Government's online conference with 63 localities nation-wide on April 4, 2024.

The Government also requested the ministries, agencies and localities focus on the following tasks: strengthen labour supply-demand connections; support businesses in overcoming labour shortages and developing human resources to meet production and business requirements, especially in new industrial sectors; effectively deploy health examination and treatment measures to timely respond to, control and handle infectious diseases.

The Government ordered ministries as well as ministerial agencies to urgently review and propose plans to simplify licences related to business operations according to the Prime Minister's Decision No 104/QD-TTg, issued on January 25, 2024; focus on implementing this year’s digital transformation tasks with the theme "Developing digital economy with four pillars: information technology industry, digitalisation of economic sectors, digital governance, digital data - Important driving force for rapid and sustainable socio-economic development"; urgently review information technology system, strictly implement Government and Prime Minister's cybersecurity requirements.

 Prime Minister Phạm Minh Chính chairs the regular Government meeting and the Government's online conference with 63 provinces and cities on April 4, 2024 in Ha Noi. — VNA Photo Dương Giang

Additionally, the ministries and relevant agencies had to quickly report on the results of job position compilation and send to the Ministry of Home Affairs for consolidation, while simultaneously sending to the Government Office for monitoring before April 15, 2024.

Ministries of Natural Resources and Environment, Construction, Finance, Agriculture and Rural Development were assigned to direct the compilation, issuance of guiding documents for the implementation of the Land Law (amended), the Law on Real Estate Business, Housing Law, ensuring sufficient conditions so that the Government could submit to the National Assembly for early enforcement of these laws.

Ministries of Planning and Investment, Finance, Justice and the Government Inspectorate were told to urgently propose solutions to handle difficulties and obstacles in some infrastructure investment projects under the Build-Operate-Transfer (BOT) model; coordinate with the Ministry of Transport to complete documents for submission to the National Assembly for approval at the seventh session (the session is scheduled to open on May 20, 2024).

5 determinations, 5 assurances, 5 accelerations

The Government, the Prime Minister also required the ministries and localities to implement effectively tasks and solutions for socio-economic development; continue to uphold responsibility, and closely cooperate in directing and managing with the spirit of "five determinations", "five assurances" and "five accelerations".

The "five determinations" consist of the determination to overcome all difficulties and challenges; the determination to achieve set goals; the determination to protect officials who dare to think and act for common goals; the determination to improve the investment environment and promote business production; and the determination to achieve the best results this year.

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The "five assurances" consist of ensuring synchronised and effective implementation of tasks and solutions according to the Conclusions of the Party Central Committee, the Politburo, and Resolutions of the National Assembly and the Government; ensuring macroeconomic stability, major economic balances, and inflation control; ensuring healthy and transparent development of markets such as real estate and capital markets; ensuring full conditions for deploying the new salary policy from July 1, 2024; and ensuring social security and people's safety.

The "five accelerations" consist of accelerating economic growth in all sectors; accelerating the mobilisation of all social resources for development investment, solving difficulties, creating favourable conditions for business production, creating jobs and livelihoods for people; accelerating three strategic breakthroughs in institutional perfection, infrastructure system, and human resources to serve the development of a new era; accelerating foreign activities, international integration, consolidating and enhancing Việt Nam's position on the international stage; and accelerating the application of science, technology, innovation, entrepreneurship and national digital transformation.

Significant results

The Resolution No 44/NQ-CP clearly states that the Government agreed that the socio-economic situation in March and the first quarter of this year continued to recover positively, achieving many significant results, creating momentum to strive to complete the objectives and tasks of the economic-social development plan of this year.

The macro-economy was basically stable, inflation was controlled, growth was promoted, major economic balances were ensured.

Gross Domestic Product (GDP) in the first quarter of this year increased by 5.66 per cent compared to the same period last year, surpassing the scenario set out in the Government Resolution No 01/NQ-CP. It was the highest increase in the first quarter since 2020.

The Consumer Price Index (CPI) in March increased by 3.97 per cent. The CPI of the first quarter of this year increased 3.77 per cent compared to the same period last year.

The monetary market was stable, interest rates remained low, domestic foreign exchange demand was met, ensuring the safety of the banking system.

The import-export turnover in the first quarter of this year increased by 15.5 per cent compared to the same period last year; it was estimated that trade surplus would reached US$8.08 billion.

In the first quarter of this year, disbursement of public investment capital reached 13.67 per cent of the plan, 3.32 per cent higher than the same period last year; total social investment capital increased by 5.2 per cent compared to the same period last year, continuing to create momentum for the following quarters.

Business production activities continued to recover positively.

The agriculture and service sectors maintained growth, increasing by 2.98 per cent and 6.12 per cent respectively compared to the same period last year; the industrial and construction sectors increased by 6.28 per cent compared to the same period last year.

The tourism sector quickly recovered. International visitors reached over 4.6 million, up 72 per cent compared to the same period last year and up 3.2 per cent compared to the same period in 2019 (before the COVID-19 pandemic).

In addition, social welfare work was concerned and timely implemented at all levels, sectors and localities.

Many international organisations continued to positively assess the results of the Government's direction and administration, the Prime Minister's leadership and have optimistic forecasts about Việt Nam's economic growth in 2024./.