The Government issued a Resolution on tasks and solutions for socio-economic development and improving the business environment in 2023.

Continue to prioritize maintaining macroeconomic stability, controlling inflation, promoting growth, and ensuring major economic balances.

2023 is the mid-term year, which is of great significance in implementing the Resolutions of the 13th National Party Congress and the Resolution of the National Assembly on the 5-year socio-economic development plan 2021 - 2025. The world situation is forecast to continue to develop very complicatedly, rapidly, and unpredictably. Strategic competition between major countries, economic competition, and trade wars are becoming more intense. The military conflict in Ukraine may continue to drag on. The consequences of the COVID-19 pandemic globally will have to be overcome for many years.

Inflation continues to be high, the trend of tightening monetary policy and increasing interest rates continues in many countries. The risk of liquidity loss, risks, and instability in finance, currency, public debt, real estate, energy security, food, and information globally increases. The global economy tends to grow more slowly, and some countries show signs of falling into recession.

Domestically, the economy has opportunities, advantages and difficulties, challenges intertwined but difficulties and challenges are more numerous. Pressure on inflation, exchange rates, and interest rates is increasing; production and business continue to face many challenges; Vietnam's large, traditional import and export markets are shrinking.

The existing shortcomings, limitations and inadequacies of the economy in terms of economic structure, domestic production capacity, financial, monetary and real estate markets that have accumulated for a long time have not been completely resolved; the scale of our economy is still modest but its openness is large, its competitiveness and resilience to external shocks are still limited; sudden and unexpected factors still pose risks and are difficult to predict; epidemics, climate change, natural disasters, droughts, storms and floods continue to develop abnormally, causing more severe impacts.

To successfully implement the goals and tasks of the 2023 socio-economic development plan according to the Resolution of the National Assembly, the Government requires all levels, sectors and localities to be determined, maintain the spirit of overcoming difficulties, solidarity, self-reliance, proactive adaptation, flexibility, drastic, scientific and effective actions, actively innovate and be creative in the spirit of the governing theme.“Solidarity, discipline, flexibility, innovation, timeliness and efficiency”with 06 viewpoints, key management directions, including:

1- Closely follow the Resolution of the 13th National Congress of the Party; thematic Resolutions, Conclusions of the Central Committee, the Politburo and Resolutions of the National Assembly and the Government. Focus on synchronously and effectively implementing the viewpoints, goals, tasks and solutions of the Socio-Economic Development Strategy 2021 - 2030, the 5-year Plans for the period 2021 - 2025, focusing on 3 strategic breakthroughs, 6 key tasks and 12 main groups of solutions.

2- Absolutely do not be subjective, negligent, or lose vigilance, but also do not panic or waver; always be calm, confident, courageous, proactive, flexible, and creative in leadership, direction, and management, do not change states suddenly, or operate "jerkily". Unite, unify, strive, join forces, and be determined to act with the highest determination in the spirit of "First support, then support", "One call, all respond", "Unanimously above and below", "Constantly across" to create a combined strength and unanimity of the entire political system and the whole society; flexibly and effectively adapt to the context and situation to "turn danger into opportunity", resolutely overcome difficulties and challenges, seize opportunities and advantages for socio-economic development; proactively and actively integrate into the international community comprehensively, deeply, practically, and effectively, and build an independent and self-reliant economy.

3- Improve analytical and forecasting capacity; be proactive in all situations, be sensitive to new developments of the situation, promptly and decisively handle problems effectively, develop scenarios and flexible plans to adapt to newly arising problems. Continue to operate monetary policy firmly, proactively, flexibly and effectively; coordinate synchronously and closely with expansionary fiscal policy and other policies; promptly operate macroeconomic, fiscal and monetary policy tools to reasonably and effectively balance exchange rates and interest rates, between controlling inflation and promoting economic growth, in accordance with the practical situation.

4- Synchronize, unify, and be determined and drastic in directing and operating, focusing on effectively handling regular tasks and long-standing issues, promptly and effectively responding to urgent and unexpected issues arising in the short term, and at the same time implementing fundamental tasks and solutions in the medium and long term. Strengthen institutional improvement, focus on implementing well communication work, policy response in the process of building and promulgating legal documents, focus on removing difficulties, and have timely and effective policy solutions to support production and business; do each task thoroughly, do not let it drag on, cause congestion, or waste resources; ensure synchronization of immediate and long-term goals, contributing to promoting rapid and sustainable socio-economic development.

5- Develop culture on par with economy, politics and society. Implement well social security policies, sustainable poverty reduction, ensure progress, social justice, sustainable environmental protection, care for the material and spiritual life of the people, especially those with meritorious services, poor households, vulnerable groups in remote, border, island areas and ethnic minorities.

6- Continue to strengthen and maintain national defense and security; promote foreign affairs activities, improve the quality and effectiveness of international integration; ensure a stable, peaceful and cooperative environment to promote rapid and sustainable development.

11 main tasks and solutions

The Resolution clearly states 11 main tasks and solutions to implement the Socio-Economic Development Plan, State Budget Estimates, and improve the business environment and enhance national competitiveness in 2023, including:

1- Continue to prioritize maintaining macroeconomic stability, controlling inflation, promoting growth, and ensuring major economic balances.

2- Continue to focus on disease prevention and control.

3- Strengthening the building and improvement of institutions and improving the effectiveness and efficiency of law enforcement, ensuring discipline and order; promoting the prevention and fight against corruption, negativity and waste.

4- Continue to promote administrative reform associated with building e-Government and digital Government; improve the business environment, enhance national competitiveness.

5- Promote the substantive and effective implementation of economic restructuring associated with growth model innovation, improving productivity, quality, efficiency, competitiveness, independence, autonomy, adaptability and resilience of the economy.

6- Focus on developing and completing a synchronous strategic infrastructure system, especially transport infrastructure, climate change response infrastructure, and digital infrastructure. Focus on environmental protection, management, and effective use of land and resources.

7- Focus on developing human resources, especially high-quality human resources associated with promoting research, development and application of science and technology, promoting innovation and startups.

8- Focus on comprehensive and synchronous development of cultural fields, ensuring harmonious connection between economic development and culture and society; improving people's lives, ensuring social security.

9- Maintain independence, sovereignty, unity, territorial integrity, ensure national defense, security, political stability, order and social safety.

10- Synchronously, comprehensively and effectively deploy foreign affairs and international integration activities, maintain a peaceful and stable environment for national development and enhance Vietnam's position and prestige in the international arena.

11- Strengthen information and communication work; improve the effectiveness of mass mobilization work, create social consensus.

The Resolution clearly states that, before January 20, 2023, develop and promulgate the Program, Action Plan, and specific documents of ministries, branches, and localities to implement this Resolution; in which clearly and fully define the objectives and tasks (including the task of taking the lead and the task of coordinating with relevant agencies in organizing the implementation), implementation progress and assign the leading unit, send it to the Ministry of Planning and Investment for synthesis and report at the regular Government meeting in January 2023.

Ministries, ministerial-level agencies, and government agencies proactively monitor domestic and international developments, improve capacity, strengthen analysis, assessment, and forecasting to have timely, comprehensive, and synchronous solutions, take advantage of opportunities and advantages, minimize negative impacts on the economy and business production of enterprises, and people's lives; strengthen digital transformation, carry out timely and accurate statistics and reporting; periodically update development scenarios of sectors and fields under their management every quarter.

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