Ceremony to toast MPI's achievements

January 11, 2024 | 15:00
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“Surpassing oneself is challenging, but the Ministry of Planning and Investment (MPI) has done it. I am sure it will continue to do it better,” Prime Minister Pham Minh Chinh proudly stated at the summarising conference on January 11.

In 2023, the ministry produced nearly 13,000 documents pertaining to subjects under its purview.

Ceremony toasting MPI ‘s achievement
PM Chinh giving his speech at the conference. Photo: Duc Thanh

Specifically, the MPI promptly evaluated, forecasted, and researched the situation to allow it to advise the government and the PM on appropriate development scenarios that are in line with timely solutions to minimise any negative impacts and promote socioeconomic growth.

The solutions in the last year proposed by the ministry were all strong, focused, in-depth, and flexible. They were suitable for both the short- and medium-term requirements to promote public investment disbursement, regional links, digital transformation, innovation, and business evolution.

They facilitated the green growth and sustainable advancement that is associated with the global green recovery process.

At the same time, the MPI has done well in implementing measures to continue to attract high-quality overseas investment flows, promoting the improvement of the business environment, increasing confidence, and arousing the spirit, creativity, and resilience of enterprises.

As of late December, a total of $36.6 billion of foreign investment was recorded, up 32.1 per cent on-year, according to the Foreign Investment Agency under the Ministry of Planning and Investment.

It has continued to preside over and coordinate with ministries, sectors, and localities to study and concretise policies to promote new economic models, including the night, digital, and sharing economies.

In addition, with its position and role as a comprehensive advisory and strategic agency of the Party and the state, the MPI has made its influence felt through policy communications, resulting in the stabilisation of market psychology and social consensus.

The MPI also came up with prompt advice on mechanisms that helped to balance the macroeconomy, control inflation, ensure social security, remove obstacles, and encourage business and production.

It was assigned the most projects last year, accounting for 16 per cent of the 2023 Government Work Programme. All of these assignments were completed accurately and in a timely fashion.

The ministry served as the government's permanent agency in leading numerous working groups that were tasked with encouraging funding, advancing business and production conditions, generating public investment, building infrastructure, and facilitating imports and exports at the local level.

It also took part in the PM's special working group, which reviews, eliminates barriers, and supports the implementation of ventures in various ministries, sectors, and localities.

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By Hoang Minh

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