Government requests market liquidity and stock market stability ensured

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Government requests market liquidity and stock market stability ensured
Minister, Chairman of the Government Office Tran Van Son speaks at the press conference. Photo: H.D

On the afternoon of January 3, the Minister, Chairman of the Government Office Tran Van Son, the Government Office spokesman, held a press conference to announce the social-economic situation in December and the whole year 2022.

The press conference took place after the Government's National Online Conference with localities and the Regular Government Meeting held on the same day under the chairmanship of Prime Minister Pham Minh Chinh.

Minister, Chairman of the Government Office Tran Van Son said that motivated by the agreement of the leaders of the Government, ministries, sectors, localities and delegates and the participation of the whole political system, the coordination and support of the people, the business community and international partners, the country's economy in 2022 see positive recovery and high growth, achieving important and comprehensive results.

GDP growth reached 8.02%, exceeding the target and achieving the highest result, increasing the size of the economy to US$ 409 billion. 59/63 localities achieved a growth of 6.5% or more. The macro economy saw stability, and inflation was under control. The average consumer price index (CPI) for the whole year increased by 3.15%, lower than the target set by the National Assembly. The State revenue increased by VND 392 trillion, exceeding 27.8% of the estimate. The import-export turnover rose by 9.5% to VND372.5%. The trade surplus reached US$ 11.2%.

The Minister also said that the delegates pointed out the difficulties, challenges and shortcomings that need to be addressed and handled effectively in 2023 and the next period.

The internal and external inflation pressure remains high; the disbursement of public investment capital and the implementation of policies is still slow. The markets of stock, corporate bonds, and real estate still show potential risks. The production and business activities of some industries face difficulties. The overcoming of the shortage of petroleum products by some ministries and sectors is still slow.

Therefore, Minister Tran Van Son said that at the conference, General Secretary Nguyen Phu Trong requested the Government and local governments to accomplish tasks and achieve more in 2023.

In 2023, the Government will direct ministries and localities to make the best efforts and determination to implement the socio-economic development plan.

The Prime Minister asked ministers, leaders of sectors and local governments to promote their roles and responsibilities and follow directions of the Central Government, the Politburo and key leaders to concretize the performance plans of each level, sector and agency; enhance forecasting capacity and grasp the situation; initiatively and flexibly direct and quickly respond policies.

In 2030, Minister Tran Van Son said the Government requires to effectively provide solutions for economic stability, inflation control and growth promotion, ensure major balances, especially focusing on stabilizing the financial-monetary market, the stock market, corporate bonds, and real estate, ensuring the liquidity of the economy and the banking system.

The Government also asks to implement monetary policies effectively and flexibly and follow with the implementation of the expanded fiscal policies and other policies. Promote production and business, support enterprises, expedite arrangement innovation, and improve the efficiency of state-owned enterprises and develop the private economy.

At the press conference, Lieutenant General To An Xo, Head of the Ministry of Public Security Office, provided some information about the Viet A Company case and the "rescue flight" related to the Consular Department, the Ministry of Foreign Affairs.

Accordingly, Lieutenant General To An Xo said the agency will strive to finish the investigation in the first quarter of 2023. As a result, 29 cases with 102 defendants related to the Viet A company and 39 defendants related to the "rescue flight" case have been prosecuted. The defendants of the Viet A case and the "rescue flight" case have paid VND1,670 billion and VND80 billion, respectively.

By Huong Diu/Ngoc Loan

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