Reporting to the regular government meeting on September 6, Minister of Planning and Investment Nguyen Chi Dung emphasized that the domestic economy recovered in the first eight months of the year, maintaining macro-economic stability and major balances. The economic recovery and development program has disbursed more than VND55 trillion ($2.34 billion) since the beginning of the year.

According to a report from the Ministry of Planning and Investment presented at the regular government meeting on April 29, the socio-economic situation in the month continued to progress in most fields, especially capital investment. FDI stood at $5.92 billion; its highest level since 2018. International organizations such as the WB, the IMF, and the ADB have all made positive evaluations and forecasts on Vietnam’s economy.

At the monthly government meeting reviewing March, held on April 4, Prime Minister Pham Minh Chinh said the socio-economy continued to recover strongly in the first quarter despite great pressure. Reports from the meeting show that GDP growth was more than 5 per cent, the CPI under 2 per cent, and the money market, financial stability, and major balances basically secure.

According to a report presented by the Ministry of Planning and Investment at the regular government meeting on December 2, the socio-economic situation continued to improve in November. Inflation was low while the currency market and exchange rate were stable. Compared to October, the CPI increased 0.32 per cent and the index of industrial production (IIP) 5.5 per cent. Credit growth reached 9.65 per cent. State budget revenue was more than 100 per cent of the annual estimate.