Vietnam is facing increasing pressure on its economy, according to Deputy Prime Minister Le Minh Khai. He stated that inflation is rising and credit growth remains weak, while global geopolitical situations are unpredictable and unfavorable. Despite these challenges, the government will continue policies aimed at supporting economic growth.
To achieve this year’s socio-economic targets of 6.0%-6.5% expansion, the government will implement measures such as cutting loan interest rates, restructuring loans for struggling firms, and increasing public investment. The country aims to achieve a 15% credit growth target for the year.
Deputy Prime Minister Khai’s remarks during the National Assembly meeting emphasized the government’s determination to support economic growth and achieve its targets despite the obstacles it faces. The meeting, which began on Monday and lasts for a month, will address these concerns and discuss strategies for overcoming them.
