Prime Minister Pham Minh Chinh on July 21 issued Official Telegraph 71/CD-TTg, putting forward nine groups of focal solutions and tasks for July and the third quarter of 2024.
The first group of solutions focuses on promptly tackling difficulties for people and enterprises through revolving issues related to taxes, charges, fees, credit, interest rates and markets.
Accelerating disbursement of public investment funds is one of the solutions of the second group. Specifically, public investment will be used to stimulate and lead private investment and boost public-private partnership.
Other solutions include intensifying financial and state budget discipline as well as administrative discipline; reducing recurrent expenditures to allocate financial sources for development investment and social security; and enhancing production and export activities, developing the domestic market and ensuring energy and food security.
![Key solutions for promoting economic growth Key solutions for promoting economic growth](https://image3.luatvietnam.vn/uploaded/images/original/2024/08/05/key-solutions-for-july_0508101552.jpg)
At the same time, the document requires strengthening measures to prevent climate change and disasters; promote the development of green and clean energy, and complete as soon as possible the Scheme on development of a carbon market in Vietnam, while paying more attention to cultural and social sectors.
Regarding institutional solutions, it is important to focus on improving legal frameworks, mechanisms and policies so as to promptly remove difficulties and obstacles and concentrate resources on socio-economic development.
Particularly, related ministries, agencies and local authorities are asked to submit decrees and issue circulars guiding the newly enacted laws on land, housing, real estate business, price, credit institutions, etc. They must also step up activities to improve the investment climate for reducing compliance costs for people and businesses, focusing on settling problems related to value-added tax refund, fire protection and traceability.
The Ministry of Justice is assigned to review legal documents in order to propose the Government to report to the National Assembly for coming up with effective solutions to deal with legal bottlenecks that hinder development. Meanwhile, the Ministry of Planning and Investment will have to direct the General Statistic Office to expeditiously build the National Statistical Database.
By: VLLF