The government has emphasized that both economic recovery and pandemic prevention will be main goals for the coming time, according to a government resolution announced Thursday by the Government Office.
Requiring the Central Bank to continue implementing a proactive and flexible monetary policy, ensuring inflation control and macroeconomic stability, the Ministry of Planning and Investment actively promotes policies to attract investment. foreign investment.
The Ministry of Industry and Trade also requested to boost exports to potential markets, stimulate domestic consumption, and strengthen the prevention of smuggling and trade fraud.
Vietnam recorded a decade low GDP growth of 1.8 percent in the first half of the year and experts warned that the economy could contract for the first time in decades as the pandemic crippled trade and key sectors such as aviation and tourism.
Prime Minister Nguyen Xuan Phuc had said last month that the country would strive for positive GDP growth by providing support packages to businesses and individuals.
It had been 7.02% last year, the second-highest rate in a decade behind just 7.08% in 2018.
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