Today, the Prime Minister chaired a meeting with foreign investors.

Prime Minister Pham Minh Chinh will chair the Prime Minister's Conference meeting with foreign investors at the Government Office headquarters. Illustrative photo

According to information from the Ministry of Planning and Investment, with the hope that the foreign-invested business community will operate effectively and contribute more to the socio-economic development process in Vietnam, the Prime Minister chaired the Prime Minister's Conference to meet with foreign investors at the Government Office headquarters and online at 63 local points and about 80 points abroad at 8:00 a.m. on April 22. The conference aims to convey the message of the head of the Government, affirming the Party's guidelines and policies, and the State's legal policies towards the foreign investment sector.

At the Conference, leaders of the Government, ministries, branches, localities together with the foreign investment business community will assess the impact of the world and domestic economic situation on the investment wave and production and business activities of enterprises. Identify opportunities, challenges, and difficulties to have proactive solutions and policies to adapt to remove obstacles and promptly seize investment cooperation opportunities in the new situation. At the same time, the Conference also affirms a trustworthy Government, accompanying to remove difficulties, creating conditions for enterprises to do business effectively. Continue to review and improve the investment environment, be consistent in policy implementation; have flexible solutions to maintain macroeconomic stability, control inflation, and promote growth.

In recent times, the world economic situation has continued to fluctuate in a complex and unpredictable manner, which has strongly impacted the investment wave and affected global socio-economic development. Many multinational corporations are restructuring and repositioning their production chains. The World Bank forecasts that global GDP growth in 2023 will reach 1.7%, the lowest in nearly three decades, while the United Nations Conference on Trade and Development forecasts that the recovery momentum of foreign investment flows will slow down from mid-2022 and may decrease or remain flat in 2023 compared to the positive recovery in 2021.

Competition in attracting foreign investment is becoming increasingly fierce among countries in the region and around the world. Despite facing many difficulties and challenges, with correct and timely decisions, under the leadership of the Party and the joint efforts of the entire political system, Vietnam's socio-economic situation in the first quarter of 2023 has achieved many important and remarkable results in many fields. The economy has maintained a fairly high growth rate compared to the average in the region and the world, economic, trade and tourism activities have gradually recovered.

However, in addition to the achieved results, there are still many difficulties and challenges affecting the goals of stabilizing the macro economy, controlling inflation, ensuring major balances and production and business activities of enterprises. Although the investment and business environment has improved in recent times, there are still difficulties and obstacles in the implementation stage, requiring the support of the business community, the synchronous and drastic participation of the entire political system, ministries/sectors and localities. To continue the growth momentum, it is necessary to further promote the participation of all economic sectors and quickly disburse all investment capital sources both domestic and foreign./.