Pham Minh Chinh, Prime Minister
On behalf of the Party and state leaders, I highly appreciate and praise the efforts of leaders, civil servants, and employees related to planning, investment, and statistics. The results attained made an important contribution to the country’s achievements in 2022.
Last year, the Ministry of Planning and Investment (MPI) performed its role for the government in the economy’s running. The MPI closely followed the domestic market, as well as the market globally, to perform its role at the strategic level and participate in coordinating and operating the macroeconomy with specific, effective, and quantifiable results.
I saw many achievements from the ministry in 2022. One of the more outstanding events was the submission of the socioeconomic recovery and development programme to the authorities for approval. The $15 billion programme – the largest in history in Vietnam, and which drives social security, healthcare, infrastructure, and business support – has contributed to rebooting and speeding up the country’s economy.
The MPI has also contributed an important role in improving the business and investment environment, organising dialogues to listen to the business community’s proposals, and supporting businesses based on the spirit of constructive government. These moves created an open environment, and as a result, the disbursed capital of foreign-invested enterprises reached a record of over $22 billion, in collaboration with the record number of business registrations ever. The ministry plays a key role in building regional links and promoting the socioeconomic growth of localities. It has cooperated with other ministries and authorities on resolutions regarding socioeconomic development, as well as defence and security safeguarding for many regions – which were considered necessary moves to optimise their potential and promote national development.
Besides that, the ministry has contributed to enabling the government’s action plan on orientation, and solutions to promote the socioeconomic development of various regions. It has also submitted a report on approval of resolutions on specific mechanisms and policy pilots for the development of Buon Ma Thuot city in the Central Highlands province of Dak Lak, Can Tho, Khanh Hoa, and Ho Chi Minh City.
Another major achievement was advising on the removal of approximately 5,000 projects in the medium-term public investment plan, simultaneously determining key public investment initiatives, avoiding prolonged and inefficient ventures, and promoting the public-private partnership model.
The improvement of such institutions, mechanisms, and policies has been an effective contribution from the MPI. The ministry also carries out the work of communication and statistics methodically, professionally, and scientifically.
Meanwhile, the ministry has promoted effectively the role as the government’s focal point in coordinating with Laos to implement large cooperation projects. In March 2022, Minister of Planning and Investment Nguyen Chi Dung and Laotian counterpart Khamjane Vongphosy co-chaired a business seminar in Vientiane, during which several bilateral agreements were signed. This was a special event that strengthened the friendship, solidarity, and cooperation of the two countries.
Results like these are achieved thanks to the MPI’s adherence to the guidelines of the Party, the policies and laws of the state, and the resolutions and conclusions of the Party, the National Assembly, and the government. They are based on initiative, maintaining solidarity, improving management capacity, and strong coordination with ministries, branches, and localities.
Broadly, I agree with the targets, missions, and solutions that the MPI plans to implement in 2023. However, I still expect the ministry to carry out existing missions in a more efficient fashion.
Notably, the MPI should focus on completing institutions, mechanisms, and policies to drastically implement strategic breakthroughs, while mobilising and effectively using all resources for development investment. It needs to continue to make greater efforts in strategic consulting and macroeconomic coordination, contributing to the successful implementation of the Resolution of the 13th National Party Congress. This includes other resolutions and conclusions of the Party Central Committee, Politburo, National Assembly, and key leaders.
There must also be success in implementing the Socioeconomic Development Strategy for this decade, the 5-year socioeconomic development plans towards 2025, and other relevant resolutions and directives.
Along with that, the ministry needs to strive to complete the formulation of national, regional, and provincial planning for 2021-2030 in accordance with the Law on Planning before the end of 2023.
This year, the country has set the target to stabilise the macroeconomy, control inflation, ensure economic growth, and maintain major balances. Thus, the MPI will gather and evaluate the situation to advise on how to implement these objectives successfully. The ministry must firmly grasp the situation both at home and abroad, promote international integration, and closely coordinate with the Ministry of Industry and Trade and the Ministry of Foreign Affairs to complete these missions.
Furthermore, the MPI will strive to build a socialist-oriented, independent, self-reliant, and comprehensive market economy. This is associated with extensive and effective international integration as well as independent and effective foreign policy with the diversification and multilateralisation of international relations.
Finally, it is necessary to accelerate construction of the National Innovation Centre to contribute to the nation’s digital transformation; promoting reform of administrative procedures, and increasing publicity and transparency. The MPI also needs to pay attention to improving the quality of statistical work, which must ensure honest, objective, accurate, and transparent statistical information.