Despite Challenges, Vietnam Demonstrates Robust Socio-Economic Progress, Claims Vietnam Prime Minister in March's Cabinet Meeting

Prime Minister Pham Minh Chinh took charge of the routine Government session for March 2024 and orchestrated an online conference connecting various localities on April 3.

Reports revealed that the socio-economic landscape has demonstrated comprehensive and positive transformations. March witnessed results surpassing those of January and February, with the first quarter of 2024 showing improvement across most sectors compared to the same period in 2023.

Notably, GDP growth in the first quarter reached 5.66%, surpassing the government's projections, marking the highest growth rate since 2020 for the same period. The macroeconomy remains fundamentally stable, with controlled inflation and secured balances.

Emphasis has been placed on cultural and social sectors, leading to enhancements in people's livelihoods, social and political stability, as well as reinforced defense and security measures. Additionally, efforts to bolster foreign affairs have further enhanced the nation's prestige and standing on the global stage.

The Prime Minister, however, acknowledges that despite these commendable achievements, the country still grapples with limitations, inadequacies, and persistent challenges.

The monthly meeting was to discuss and evaluate the socio-economic landscape of March and the first quarter of 2024. Attention was also directed towards the disbursement of public investment capital and three national target programs.

Attending this significant event were Deputy Prime Ministers, ministers, leaders from ministerial-level agencies and governmental bodies, as well as Chairpersons and Vice Chairpersons of People's Committees from provinces and centrally managed cities.